{"id":5839,"date":"2025-07-14T05:00:24","date_gmt":"2025-07-14T05:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/solana-sol-set-for-price-run-to-2700-but-this-condition-must-hold\/"},"modified":"2025-07-14T05:00:24","modified_gmt":"2025-07-14T05:00:24","slug":"solana-sol-set-for-price-run-to-2700-but-this-condition-must-hold","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/solana-sol-set-for-price-run-to-2700-but-this-condition-must-hold\/","title":{"rendered":"Solana (SOL) Set For Price Run To $2,700 \u2014 But This Condition Must Hold"},"content":{"rendered":"<p>Solana (SOL) has registered a 0.58% loss in the past day, representing a slight price retracement from its strong weekly performance. Notably, the altcoin gained by nearly 10% in the last seven days as general crypto prices surged, pushing its unit price into the $160 price region. Amidst the present market cool-off, Ali Martinez has tipped Solana to embark on a parabolic rally subject to a particular market condition.<\/p>\n<h2><strong>Solana Bulls Eye Breakout As $170 Emerges As Critical Resistance<br \/>\n<\/strong><\/h2>\n<p>In an major price rally. However, the altcoin faces a critical price resistance at the $170 region.<\/p>\n<p>For context, the cup-and-handle pattern is a popular bullish chart formation that indicates potential for significant price upswings. As seen in the chart below, it resembles the shape of a teacup, commencing with a bearish market, followed by a price recovery of equal magnitude as seen between the start of 2022 and the start of 2025.<\/p>\n<p>During this period, investors saw Solana prices crash from around $250 to a cycle low of $9.88 before experiencing a gradual return to a similar peak, thereby forming the cup pattern. Thereafter, SOL has experienced significant price corrections and rebounds, eventually creating a descending price pattern that represents the handle of this formation.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/pbs.twimg.com\/media\/GvnIkxkXUAAui8V?format=jpg&amp;name=4096x4096\" alt=\"Solana\" width=\"2410\" height=\"1604\" \/><\/p>\n<p>Notably, the cup-and-handle pattern only translates into a price surge following a decisive price breakout above the formation&#8217;s neckline. Following recent gains, Solana finds itself within touching distance of this neckline at the $170 price mark. Martinez explains that a successful weekly close above this major resistance will validate the bullish intentions on Solana, inducing a heavy market demand and paving the path for higher price territories.<\/p>\n<p>Based on the Fibonacci retracement and extension levels on the chart, the initial price target in the event of this breakout is set at $295, instantly matching the current all-time high. However, the historical magnitude of breakouts from cup-and-handle pattern points to lofty price targets, such as $ $787, $1,314, and a max target of $2,744.<\/p>\n<p>However, a rejection at $170 may force Solana to visit lower support levels near $135 or even $100, which has served as a major demand zone in the past.<\/p>\n<h2><strong>Solana Price Overview<\/strong><\/h2>\n<p>At the time of writing, Solana is trading at $162.58 with a decline of around 0.58% as earlier stated. Meanwhile, the asset&#8217;s daily trading volume is down by 38.77% and valued at $3.72 billion.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/www.tradingview.com\/x\/zGYpAm0k\/\" alt=\"Solana\" width=\"1563\" height=\"895\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana (SOL) has registered a 0.58% loss in the past day, representing a slight price retracement from its strong weekly performance. Notably, the altcoin gained by nearly 10% in the last seven days as general crypto prices surged, pushing its unit price into the $160 price region. Amidst the present market cool-off, Ali Martinez has&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5840,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[11,109,2423,1888,177,117],"class_list":["post-5839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-ali-martinez","tag-solana","tag-solana-bullish-signal","tag-solana-cup-and-handle","tag-solusd","tag-solusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=5839"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/5839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/5840"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=5839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=5839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=5839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}