The deep decline over the past week may have exhausted sellers enough for a V-shaped reversal to bring bullish Solana price predictions up to speed.
The violent sell-off over the past week bears all the hallmarks of capitulation.
Crypto’s tenth-largest liquidation event on record flushed out excess leverage, forced indiscriminate selling, and drove the altcoin down to cycle lows in a single, compressed move.
Such episodes tend to occur near market bottoms, when fear peaks and weak hands are forcibly removed. Once that process completes, selling pressure collapses rapidly, often setting the stage for sharp V-shaped reversals.
With forced selling largely absorbed and leverage reset, the market has shifted from panic to stabilization. This transition often marks the inflection point where downside momentum fades, and buyers quietly regain control.
If follow-through demand emerges from here, Solana could transition rapidly from capitulation to recovery — putting a fresh all-time high back into focus as the broader bull market matures.
Solana Price Prediction: V-Shaped Rally Sets Up New Highs
There is a technical basis for capitulation. With this final push lower, Solana has fully retraced the November breakout of its 7-month ascending channel, completing the corrective move.
The downtrend Solana has been locked into now appears exhausted, with price meeting the pattern’s original support near $100, a bottom marker over the past two years.
Momentum indicators show it. The RSI has crossed below the 30 oversold threshold, a level indicative of seller exhaustion and a pivot into a long-term uptrend as buyers step back in.
While the MACD has cratered with the liquidity event, it stands to be a setback in the previous trend towards a golden cross above the signal line.
With forced selling largely absorbed and leverage reset, any reversal attempt from here is likely to be sharp rather than gradual.
From here, the next major upside targets sit at the $200 psychological level and Solana’s prior all-time highs near $300 — a potential 240% move from current prices.
And if Solana’s bullish fundamentals are re-priced as the broader market recovers, a push into fresh price discovery could follow.
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The post Solana Price Prediction: Against All Odds, This V-Shaped Rebound Could Launch SOL Toward New Highs appeared first on Cryptonews.
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