It is the first time that Solana moves back above EMA55 after producing a major low since late 2024. Naturally, when this event happened back in late 2024 what followed was a bullish impulse. This is always the case as this is a confirmed classic bullish signal.
Solana is trading daily above EMA55 and this confirms mid-term growth potential.
The low happened 7-April and produced the highest buy volume in more than a year, since March 2024.
The difference is that March 2024 was a peak while April 2025 was a bottom. The volume signal is another classic.
The RSI is really strong with a reading reaching ~60.
The MACD is on the bullish zone now, it has been trading in this zone since 19-April.
There is a broken downtrend line (black) and this is another classic.
We have a total of five classic signals and we used these one hundred trillion times in the past few years to predict how the market would behave next. The list goes as follows:
» Moving averages
» Volume indicator
» Oscillators (MACD & RSI)
» Chart patterns
» Trendlines
Another one that we use very often is candlestick reading. Even if it is not mentioned in the analysis, it is always there. The bottom is confirmed with a reversal candlestick pattern.
» These are some of the classic signals, all bullish. Bullish means up. Solana is going up.
Thank you for reading.
Namaste.