Solana Price Prediction: Weekly Support Holds as Market Awaits Directional Break

Jakarta, Pintu News – Solana (SOL) is starting to show strength relative to Bitcoin, while attempting to hold at a key support area on the dollar-based weekly chart.

One of the structures indicates near-term outperformance potential, while the other confirms that the direction of the larger trend is still highly dependent on the price’s ability to maintain wedge pattern support.

Solana Tests Breakout against Bitcoin as SOL/BTC Hits Key Resistance

Solana is moving towards a potential breakout against Bitcoin (BTC), according to the SOL/BTC daily chart that trader gnarleyquinn shared on X. The chart shows the pair pressing a horizontal resistance area while staying above the uptrend line, a structure that indicates potential relative strength should that level be broken.

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On Coinbase’s (COINX) daily chart, SOL/BTC is seen near the upper boundary of a pattern that has been narrowing since February. The price continues to form higher lows along the ascending support line, while repeatedly testing the flat resistance zone around recent peaks. Such patterns generally reflect pressure that continues to accumulate before the next directional move.

The momentum indicator on the chart is also showing improvement. The relative strength index moved up and managed to surpass its signal line, which indicates that momentum is starting to strengthen as the price approaches resistance. At the same time, the trader sees this structure as a signal of potential outperformance and expansion of Solana’s move against Bitcoin.

For now, the main focus is on whether SOL/BTC is able to close strongly above the horizontal resistance boundary. A confirmed break would strengthen the scenario that Solana is starting to outperform Bitcoin in the short term.

However, if the pair fails to break out of that area, the chart still shows the presence of upside support below the price, so the current structure is maintained as long as that trend line hasn’t been broken.

As such, it’s more of a market approaching a decision point, rather than a fully formed situation. Solana’s relative position is improving, but the breakout still needs confirmation before the chart gives a clearer upward signal.

Solana Held at Wedge Bottom Support as Weekly Structure Narrows Further

Solana is still moving inside a wide expanding wedge pattern on the weekly chart, based on the analysis shared by CryptoJack on X. The chart shows SOL/USDT trading near the lower boundary of the pattern after a long drop from the upper resistance zone.

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This structure shows two trend lines widening each other, with the upper line being a recurring area of rejection, while the lower line served as support when downside pressure increased in recent times. After weakening sharply in recent months, Solana started to look stable near that lower boundary and recorded a limited rebound from that area.

This is important as the lower trend line is now a key level in the current structure. If Solana is able to continue to hold above it, the chart still opens up opportunities for a broader recovery within the wedge pattern. However, if the support fails to hold, the structure will weaken and open up room for a deeper drop.

For now, the weekly chart is not showing a breakout. Instead, it depicts a market that is near a large support zone in a long-term formation. The next directional signal will most likely be determined by Solana’s ability to build a stronger bounce from the base of the wedge.

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This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpaper. Solana Price Prediction: Weekly Support Still Intact. Accessed on March 26, 2026