Can Solana Still Hit a New All-Time High? The $557 Projection
1 extracted signal · 0 resolved · 1 still active
More Crypto OnlineIndependent analyst profile- Source published
- 31 Oct 2026, 19:49 UTC
- Recorded by Tahlil Plus
- 31 Oct 2026, 22:05 UTC
AI-generated source summary
The analysis suggests that Solana (SOLUSDT) has potentially completed a corrective wave and may be poised for a significant upward movement. The current price is observed around $95.80, with a projected target of $557.00, representing a roughly 6x increase. The support zone for this bullish outlook is identified between $94.00 and $70.00. A break above $99.00 would be an initial sign of strength. An alternative bearish scenario suggests a less impactful bounce, topping out between $210 and $246 without setting a new all-time high. The longer-term Elliot Wave count on the weekly chart indicates the possibility of reaching new all-time highs, with key Fibonacci extension levels at $557.42 (61.8%) and $364.68 (50%) being significant targets. The support zone for a potential further downturn is between $70.16 and $76.76. The short-term outlook highlights a key zone between $87.77 and $76.76, with the next major decision point expected between $94.00 and $70.00. A break above $99 would be the first sign of a potential bullish shift.
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