Solana News Today: Analysts Forecast 15,650% Gains for SOL, WIF, AVAX by 2025 as Bullish Momentum Builds

Cryptocurrency traders are tracking Solana (SOL), Dogwifhat (WIF), and Avalanche (AVAX) for potential breakouts, with analysts forecasting explosive returns of up to 15,650% by 2025 if bullish momentum persists. Technical indicators highlight critical support and resistance levels, suggesting short-term volatility could precede long-term gains for these assets [1].

Solana’s recent pullback to key support zones has drawn attention, as the price trades near $190.62, below its 7-day ($194.09) and 25-day ($199.70) moving averages. The asset now hovers around its 99-day moving average ($190.25) and the lower Bollinger Band ($190.29), creating a confluence area for potential stabilization. A sustained hold above these levels could trigger consolidation, with volume surging to 92K, indicating heightened selling pressure [1].

Dogwifhat faces similar dynamics, trading at $1.191 after slipping beneath its 7-day ($1.218) and 25-day ($1.233) moving averages. The price has settled near its 99-day MA ($1.195) and lower Bollinger Band ($1.175), forming a technical cluster that could act as a support. A significant volume spike of 2.317 million during the decline underscores market participation, with traders anticipating a potential rebound if the price stabilizes above current support zones [1].

Avalanche’s breakdown below critical moving averages—7-day ($24.51), 25-day ($25.14), and 99-day ($25.14)—has intensified bearish momentum, with the price now at $24.04 and breaching the lower Bollinger Band ($24.01). Volume surged to 105K, reinforcing the validity of the decline. Analysts note that a sustained move below $24.00 could drive the price closer to $23.00, while a recovery above $25 would signal renewed bullish sentiment [1].

Market analysts attribute these movements to broader macro trends, including growing decentralized finance (DeFi) adoption and institutional interest, which could underpin a recovery for AVAX if $25 is reclaimed [1]. While short-term volatility remains, the technical setups for SOL, WIF, and AVAX suggest these assets are positioned for potential long-term outperformance, provided favorable market conditions persist.

According to the analyst’s forecast, a combination of strong sentiment, capital inflows, and project-specific developments could drive these cryptos to exceed their historical price ranges in the next major bull cycle [1]. However, traders are cautioned to monitor near-term reactions to key moving averages and volume patterns, as consolidation or breakdowns could alter the trajectory.

Source: [1] [Ready for 15,650% Gains? Analyst Tracks SOL, WIF, and AVAX for Major Breakouts by 2025] [https://cryptonewsland.com/ready-for-15650-gains-analyst-tracks-sol-wif-and-avax-for-major-breakouts-by-2025/]