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Cryptocurrency News Articles

Solana Analysis: Where Could Price Go Now?

Jan 31, 2025 at 10:56 pm

Last time, we marked a demand zone where Solana could react and push higher to grab the liquidity left above. That's exactly what we discussed in the

Solana Analysis: Where Could Price Go Now?

Solana respected demand beautifully and made its move. Now, what’s next for the price action?

Last time, we marked a demand zone where Solana could react and push higher to grab the liquidity left above. That’s exactly what we discussed in the January 29 article:

“Zooming into the M15 timeframe, we can spot a solid demand zone where buyers could step in.”

And well, do I even need to explain what happened? Just look at the chart. Solana respected the demand beautifully and made its move.

But now comes the real question… what’s next?

Solana Analysis: Where Could Price Go Now?

Right now, I’d like to see a buy opportunity at one of these two demand zones, but I’m not just jumping in blindly.

What are the conditions for a solid buy setup?

Why? Because this is exactly what happened the last time Solana reacted off demand. The market loves grabbing liquidity before making its real move.

Solana Price Prediction: Potential Scenarios

Final Thoughts: A Game of Probabilities

There’s no 100% certainty in trading. The market moves as it wants, and all we can do is prepare for different scenarios.

Right now, my plan? Wait for a liquidity grab on one side and target the opposite side next. A clean break of structure on lower timeframes could be the final confirmation.

So, what do you think? Will Solana respect demand again, or is a deeper retracement on the way?

Original source:bitcoinsensus

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Other articles published on Aug 09, 2026