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Cryptocurrency News Articles
Solana Price Prediction: Will SOL Dip Lower to Grab Liquidity Before Another Rally?
Feb 21, 2025 at 08:34 pm
Solana has been making moves, and it's time to check in on its latest price action. In our last Solana analysis, we saw the price reacting to a strong
Solana has been making headlines with its price action. After reacting to a strong daily demand zone, Solana price bounced upwards.
However, the market also left uncollected liquidity below, which could come into play before the next leg up. Will SOL dip lower to grab liquidity before another rally? Or is a deeper pullback on the horizon?
Solana Analysis: Is the Price Going Lower First?
On the daily timeframe, Solana’s reaction from the demand zone was solid, pushing the price higher. However, the market also left uncollected liquidity below. This liquidity could be a target before the next leg up.
If SOL decides to revisit that area, we could see a deeper retest of demand before any strong bullish continuation.
Solana Price Prediction: A Move from Demand to Supply?
Looking at the current structure, the most likely scenario is that Solana could dip lower, collect the liquidity near the demand zone, and then push towards the next supply zone above.
This would allow SOL to take out liquidity from both sides, creating a more sustainable price move.
However, if the demand zone fails, then we could see a bigger retracement before any bullish momentum resumes.
Solana Technical Outlook: What’s Next?
Here’s what traders should keep in mind:
Solana price is currently trading within a bullish structure on the daily timeframe.
After reacting to a strong demand zone, Solana price bounced upwards.
However, the market also left uncollected liquidity below, which could be a target before the next leg up.
If SOL price decides to revisit that area, we could see a deeper retest of demand before any strong bullish continuation.
Solana Price Prediction: A Move from Demand to Supply?
After pushing higher from a strong demand zone, Solana price could be eyeing the next move. With uncollected liquidity below, the most likely scenario is that SOL price will dip lower to collect it before continuing upwards.
This would create a move from demand to supply, allowing Solana price to take out liquidity from both sides and setting up a more sustainable price move.
However, if the demand zone fails to hold, then we could see a deeper pullback before any bullish momentum resumes.
Final Thoughts: Will Solana Keep Climbing?
Right now, Solana price prediction suggests a potential dip before another rally. But as always, the market does what it wants. The best approach? Stay patient, wait for confirmations, and trade smart.
Want to stay ahead of the game? Keep an eye on these key levels and don’t miss the next major move!
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- XRP vs SHIBI: Which Is the Better Investment as XRP Battles Regulatory Hurdles?
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