crypto for all
Join
A
A

Crypto: This Bullish Signal Could Propel Solana To $235 In April

Thu 27 Mar 2025 ▪ 3 min read ▪ by Eddy S.
Getting informed Regulation Crypto

Is Solana about to offer a fireworks display to investors? After breaking an ultra-bullish technical pattern, SOL is taking off and now aims for 235 dollars. But the road is fraught with pitfalls: is this just a surge or the beginning of a real rally? An analysis of a tense month of April.

A crypto investor in front of Solana's bullish clues

Solana: the bullish pattern that changes everything

At the moment Blackrock adopts Solana for its blockchain fund BUILD, the SOL crypto has broken a “falling wedge” pattern since March 19, 2025. To keep it simple, it is a graphical configuration where the price gradually descends within an increasingly narrow channel… until the bullish explosion occurs. And this explosion, we are right in the middle of it!

This kind of breakout is a strong signal: it indicates that sellers have lost control, and buyers are taking over. Since this breakout, Solana has not looked back and continues to rise.

Solana in a graphical configuration where the price gradually descends within an increasingly narrow channel… until the bullish explosion occurs.
falling wedge Solana.

The goal: 235 dollars before the end of April?

If we follow the logic of this technical pattern, the price of Solana should theoretically reach the top of the wedge, which is 235 dollars. An ambitious target, yes, but not unrealistic if the current momentum continues. Especially since technical indicators support this view:

  • The RSI has moved back above 50, a classic signal of bullish strengthening;
  • The 50-day EMA (exponential moving average over 50 days) is playing the troublemaker with resistance around 154 dollars. But if Solana passes this threshold, then the path to 200 dollars (and beyond) will be clear.

Watch out for the false start!

If, on the contrary, Solana hits this resistance at 154 dollars and bounces downwards, the euphoria could be short-lived. A pullback would question the bullish trend and could delay the famous 65% rally.

In short, everything is at stake now: either SOL makes the conversion and heads towards 235 dollars in April, or it gives us a little stress by falling back under 154 dollars (as it is currently at 136 dollars) before trying again. The month of April promises to be very eventful. Between the rise of Solana and increasing mining difficulty of Bitcoin, cryptocurrency investors will have plenty to consider.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.



Join the program
A
A
Eddy S. avatar
Eddy S.

The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.