
2026-4-10 02:30 |
Solana is back at a level that made a lot of people a lot of money. The SOL price is trading around $82, down from the highs near $240 and sitting deep in what Crypto Patel calls the “buy zone.” This is the same area that preceded a 2,194% rally last cycle. The question now is whether history repeats or if this time is different.
Patel’s chart on the 2-week timeframe shows the accumulation zone clearly marked. The 0.5 Fibonacci level sits at $61.75, and the 0.618 level at $42.62. The SOL price is currently above those levels, but it’s in the same general region where the last major bottom formed. That’s the zone where long-term buyers started accumulating before the run to $260.
But here’s the tension. Ali Martinez is watching a completely different setup on the daily chart. And his pattern says the SOL price might not be dropping yet.
The Solana Chart Pattern – Consolidation TrapAli has been tracking a structural pattern in Solana that has been remarkably consistent since October 2025. It’s a three-step cycle. First, the reclaim. Solana rallies and closes above the 50-day SMA. Then, the failure. The SOL price loses that level as support. Finally, the consolidation trap. Instead of dropping immediately, Solana enters a brief sideways “complacency” period before the actual leg down begins.
Source: X/@alichartsWe saw it in November 2025, January 2026. And we’re seeing it right now. In mid-March, the SOL price moved above the 50-day SMA, peaking near $97. It has since dropped back below it. As of today, the SOL price is hovering around $79 to $81, sitting below the 50-day SMA at $85.79.
If this pattern holds, the current sideways movement isn’t stabilization. It’s the coiling of a new leg down. Based on previous instances, a failure to reclaim the $86 level quickly could project a move toward $52.
The Bull Case vs. The Bear CaseSo here’s the conflict. Patel sees the SOL price in the same buy zone that sparked a 2,194% rally. He’s looking at the macro, the multi-year accumulation zone, the Fibonacci levels that have marked bottoms before. Ali is looking at the short to medium term, the daily structure, the pattern that has predicted every drop since October.
Source: X/@CryptoPatelBoth can be right. The SOL price could drop to $52 and still be in Patel’s buy zone. In fact, $52 is right in that area. The 0.5 and 0.618 Fibonacci levels are $61 and $42. So a drop to $52 wouldn’t invalidate Patel’s macro thesis. It would just be a deeper bottom within the same accumulation zone.
Read Also: ADA Price Outlook: Cardano’s $0.13 Level Decides the Next 50% Move
What Comes Next for SOLThe SOL price is at a crossroads. The daily chart says watch $86. If the SOL price can reclaim that level and close above it, the consolidation trap is avoided. If it can’t, Ali’s pattern indicates a drop to $52 is likely.
The weekly chart says the macro buy zone is in play. The 2-week chart shows the Fibonacci levels that have marked bottoms before. Patel’s target for the next cycle is $1,000. That’s a 1,100% move from current levels. But that’s a cycle target, not a next-week target.
For now, Solana is in no man’s land. It’s too high for the bottom to feel comfortable. It’s too low for the bulls to feel confident. The next few weeks will decide. If the SOL price reclaims $86, the short-term bias flips bullish. If it drops to $52, the macro buyers get their entry. Either way, Solana is in a zone that has historically led to massive moves.
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The post Solana Price Prediction: $SOL Returns to the Buy Zone That Sparked 2,194% Rally appeared first on CaptainAltcoin.
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