The Solana price prediction this week suggests mild optimism on paper – but a closer look shows a mixed picture for traders. As of November 24, SOL trades at $129.65, barely unchanged over the past 24 hours.
Yet market volume is up 28.2% in the same period, signaling renewed interest just as technical indicators flash warning signs. Meanwhile, rising presale coins like Bitcoin Hyper ($HYPER) are catching investor attention as Solana’s chart trends downward.
Near-Term Price Forecast Points to $131.81 by November 29
The short-term Solana price prediction offers a modest recovery narrative. Forecasts expect SOL to climb gradually over the next five days, potentially reaching $131.81 by November 29.
That would represent a 1.81% increase from current levels, providing a minor relief rally. Each daily close is predicted to tick slightly higher, with levels between $131.05 and $131.81, suggesting an orderly upward channel, at least in the immediate term.
This recovery projection, however, must be weighed against recent losses. Solana’s 7-day drop has already triggered concern among retail holders, especially those who entered positions above $140. From a charting perspective, this bounce could be a temporary retest of former support turned resistance.
The overall picture remains fragile. With volume increasing but price remaining flat, traders are interpreting this as a possible distribution phase – where accumulation tapers and sellers gradually offload positions into buyer demand.
Technical Sentiment: 27 Bearish Signals vs 6 Bullish
Based on November 24 data, bearish momentum dominates across daily and weekly charts. The Relative Strength Index (RSI), a key indicator of market momentum, currently reads 33.47. While not yet in oversold territory, it signals a market approaching weakness.
Meanwhile, moving averages show complete alignment toward sell recommendations. Every major SMA and EMA – whether 3-day, 50-day, or 200-day – is flashing a SELL signal. The 50-day SMA is projected to reach $139.52 by December 24, but this still lags behind the current downward trajectory of price action.
The 200-day SMA, often seen as a long-term sentiment barometer, is forecasted to decline further to $170.10. Historically, when prices stay under the 200-day average, bearish trends tend to persist.
On support and resistance, key price levels are now clearly defined. Solana shows support at $127.98, followed by $125.18, and a stronger floor at $122.55. Resistance sits at $133.42, then $136.04, and peaks at $138.85.
Long-Term Forecast: 12.85% Upside by December, Then What?
Despite heavy short-term headwinds, long-range models project a more optimistic arc. By December 2025, Solana is expected to trade in a channel between $131.05 and $146.11, with an average price around $141.25.
That would represent a 12.85% gain from current levels, potentially offering late buyers a reasonable return if the market stabilizes. The broader model predicts an average November price of $136.67, suggesting that upside could come in waves rather than in a single run.
Still, the long-term thesis hinges on macro conditions improving and altcoin inflows accelerating – neither of which are guaranteed in the current environment.
If sentiment across crypto stays risk-off, Solana may continue underperforming relative to new capital rotating into more narrative-driven presales or low-cap movers.
For investors who entered Solana during its 2021 or early 2023 bull cycle, the current zone feels like an accumulation phase. But for newer traders with shorter timeframes, these tight ranges and declining signals are prompting an active search for alternatives.
Traders Pivot to $HYPER as Solana Struggles for Momentum
As Solana’s indicators flash red, presale momentum is heating up elsewhere – most notably with Bitcoin Hyper ($HYPER). This emerging project has already raised over $28.37 million, rapidly approaching its next price tier at $0.013325 per token.
The timer shows less than 1 day and 9 hours until the next price increase, and the presale accepts multiple payment options, including SOL, ETH, USDT, and card.
Unlike Solana, which must fight through heavy resistance and rely on macro flows, $HYPER is drawing capital from speculative traders aiming for exponential gains off low entry points.
Its transparent mechanics, rapid growth rate, and momentum-driven structure offer exactly what short-term traders and early-stage believers are looking for right now.
