Solana Price Surges from $129 to $140. Will $150 Break before 2025 ends?

Solana has gained quite significantly by more than 7 percent in the last 24 hours, falling below the mark of $129 in the previous day to currently reaching a peak of $140. At the time of writing, the Solana price is experiencing a minor pullback and has dropped to $138. This is where a high level of resistance is recorded, while a good support level is also present, indicating that the price may remain on an upward trend throughout the day. The RSI has shown that we are overbought, and the Golden Cross on the MACD has shown the surge in price that we have experienced today.

From $142 to $128. What Caused the Crash?

To get a better perspective on the market, let’s take a look at the Solana price history over the last 24 hours. Solana began the day on the 11th of December, 2025, with a steep decline, falling as low as $128. A Death Cross brought about this drop in the MACD at the start of the trade session. The RSI at this stage was a sign of oversold, and this meant that a recovery might soon follow. At 4:00 AM UTC, a Golden Cross provided a momentary price adjustment, with the Solana price consolidating between $130 and $132.8.

SOL/USDT M5 chart, analyzed by Ali Oliyaee, published on TradingView, December 12, 2025

Golden Cross Sparks Solana Breakout. Is the Rally Sustainable?

Another Golden Cross was formed on the MACD at 15:00 UTC, and the breakout above the resistance range occurred at 18:10 UTC. Solana price increased and formed a flag pattern. Although RSI showed an overbought condition, the price did not reverse and instead went even higher, breaking the flag pattern and reaching a high of $137.75. There was, however, a small pullback, and the Solana price fell to the support level of $135.37. This new trend makes it doubtful that the rally will be sustainable.

Solana’s Surge to $140: A Closer Look at the SOL Chart Today

As of today, December 12th, 2025, Solana began the day trading between the $135 support and $138 resistance levels. At 5:25 AM UTC, a Golden Cross was observed on the MACD, and a sharp price surge was triggered. This breakout also saw the Solana price spike to the $138 resistance and the day’s high of $140. But at this stage, the RSI went into overbought status. Soon, at 6:40 AM UTC, the MACD indicated a price correction with a Death Cross. The price subsequently reverted down the upward channel profile to the level of the price support of $138.

Solana at a Crossroads: Will It Break $135 or $140 Next?

At the moment, the RSI is in oversold territory, and the Solana price is at $138. The nearest resistance is at $140, and the nearest support is at $135. A breakout beyond these two levels may continue the breakout’s direction. In case of a breakout of the $135 support, the following level would be the $130. On the other hand, if the resistance gets broken at a price over $140, the next target price should be $142.5.

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Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.