{"id":136745,"date":"2026-02-20T00:00:19","date_gmt":"2026-02-20T00:00:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=136745"},"modified":"2026-02-20T00:00:19","modified_gmt":"2026-02-20T00:00:19","slug":"this-analyst-predicted-solana-sell-off-at-250-and-is-back-with-a-new-prediction","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=136745","title":{"rendered":"This Analyst Predicted Solana Sell-Off At $250, And Is Back With A New Prediction"},"content":{"rendered":"

The crypto analyst who warned Solana (SOL) traders to sell near the cycle top at $250 is back with a new outlook after the market validated his earlier call. Crypto Patel says the decline in SOL\u2019s price following his $200-$250 exit zone has now created the conditions for a new long-term opportunity, but only if another key level gives way. His latest chart frames Solana\u2019s price action<\/a> as a repeatable cycle of euphoric expansion and sharp correction before the next major rally.\u00a0<\/p>\n

Crypto Patel Shares New Solana Price Prediction\u00a0<\/h2>\n

In a recent post on X, Crypto Patel reminded<\/a> community members that when Solana was trading near its peak between $250 and $200, most investors were projecting a run to $1,000. Instead, the price reversed from a high around $295<\/a> and collapsed to near $67, marking a massive 77% drawdown from the top.\u00a0<\/p>\n

Related Reading: Here\u2019s Why The Bitcoin, Ethereum, And Solana Prices Are Still Crashing Hard<\/a><\/p>\n

Now, the analyst is presenting a new outlook, warning of a potentially similar decline in Solana\u2019s price this cycle. He notes that Solana is now testing the $85 level<\/a>, which corresponds to the 0.382 Fibonacci retracement on the chart. The zone has acted as a temporary support; however, it remains structurally weak given the broader trend of lower highs since the peak.\u00a0<\/p>\n

The analyst suggests that if Solana fails to break $85, its price could slide into the $50- $30 range, extending its decline over the past two years<\/a>. He has labeled this area as a strong Fair Value Gap (FVG)<\/a> accumulation zone based on historical demand and volume behavior.\u00a0<\/p>\n

The accompanying chart also maps prior expansion phases in which Solana surged by thousands of percent after long consolidation periods. In the 2021 bull cycle<\/a>, price rallied by more 24,234.55% and then declined by 97.01% the following year. Crypto Patel\u2019s current projection places Solana in a similar expansion and corrective phase.\u00a0<\/p>\n

The cryptocurrency has already experienced its expansion stage in 2024, when its price jumped by more than 3,699% to a peak of around $295. Now the analyst predicts an upcoming correction,<\/a> where price is expected to decline by a whopping 89.44% in mid 2026.\u00a0\u00a0<\/p>\n

Long-Term Targets Remain Intact Despite Correction<\/h2>\n

Despite the bearish short-term outlook, Crypto Patel has not abandoned his long-range bullish projections for SOL. He maintains that once the corrective phase is complete, Solana could still target the $500<\/a>\u2013 $1,000 range. His chart projects a sharp upward surge toward the $1,000 level by 2027, representing a massive 3,103% surge.\u00a0<\/p>\n

Related Reading: XRP, Solana Secure Inflows As Institutions Move $1 Billion Out Of Bitcoin And Ethereum<\/a><\/p>\n

Going further, the analyst also shared his bullish price projection for Solana by late 2029. He expects that once the price hits $1,000, SOL could rally strongly and steadily toward $10,000. He has marked $9,270 as the next long-term target, reflecting a rally of approximately 27,660%.<\/p>","protected":false},"excerpt":{"rendered":"

The crypto analyst who warned Solana (SOL) traders to sell near the cycle top at $250 is back with a new outlook after the market validated his earlier call. Crypto Patel says the decline in SOL\u2019s price following his $200-$250 exit zone has now created the conditions for a new long-term opportunity, but only if […]<\/p>\n","protected":false},"author":0,"featured_media":136746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-136745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/136745"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=136745"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/136745\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/136746"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=136745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=136745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=136745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}