This Analyst Predicted Solana to Sell at $250, and He’s Back with a New Prediction
The crypto analyst who warned Solana (SOL) sellers to sell near the cycle top at $250 is back with a new opinion after the market confirmed his previous call. Crypto Patel says that the decline in SOL price following his $200-$250 exit zone has now created the conditions for a new long-term opportunity, but only if another key level opens the way. His latest chart frames Solana’s price action like a repetitive cycle of euphoric expansion and sharp correction before the next big meeting.
Crypto Patel Shares New Solana Price Prediction
In a recent post on X, Crypto Patel remind community members that while Solana was trading near the highs of $250 and $200, most investors were predicting a run to $1,000. Instead, the price has been withdrawn the highest price is $295 and fell to $67, marking a massive 77% drop from the high.
Related Reading: Here’s Why Bitcoin, Ethereum, and Solana Prices Are Still Exploding Hard
Now, the analyst presents a new opinion, warning of a similar decline in Solana’s price this cycle. You notice that Solana is now testing the $85 levelcorresponding to the 0.382 Fibonacci retracement on the chart. The place served as temporary support; however, it remains structurally weak given the broad trend of lower elevations from higher elevations.
The analyst suggests that if Solana fails to break $85, its price may enter the $50-$30 range, extending down two years ago. He described this place as tough Fair Value Gap (FVG) an accumulation point based on historical demand and volume behavior.
The accompanying chart also shows earlier expansion phases where Solana grew by thousands of percent after long consolidation periods. In 2021 bull cyclethe price increased by 24,234.55% and decreased by 97.01% in the following year. Crypto Patel’s current predictions place Solana in the same expansion and correction phase.
The cryptocurrency has already experienced its expansion phase in 2024, when its price jumped more than 3,699% to a high of around $295. Now the analyst predicts i upcoming repairs, where the price is expected to decrease by 89.44% by mid-2026.
Long-Term Targets Remain the Same Despite Adjustments
Despite the bearish short-term outlook, Crypto Patel has not given up on his long-term SOL predictions. He insists that once the repair phase is over, Solana can still target $500– $1,000 range. Its chart is making a sharp rise to the $1,000 level in 2027, representing a massive 3,103% surge.
Related Reading: XRP, Solana Secure Inflows As Institutions Move $1 Billion Out Of Bitcoin And Ethereum
Going forward, the analyst also shared a bullish price prediction for Solana in late 2029. He expects that if the price reaches $ 1,000, SOL can consolidate strongly and gradually move towards $ 10,000. He marked $9,270 as the next long-term target, indicating a potential rally of 27,660%.
Featured image from Freepik, chart from Tradingview.com
