Investment
Features
FeesSafety
Academy
More
Pluang+

Solana's 5-year cup-and-handle pattern signals a potential 106% price surge to $240, says analyst Peter Brandt.

Technical Signals
21 Sep 2026
UToday
View Source
Bullish
Solana's 5-year cup-and-handle pattern signals a potential 106% price surge to $240, says analyst Peter Brandt.

Technical analyst Peter Brandt highlights a rare 5-year cup-and-handle pattern forming on Solana's chart, suggesting a possible 106% price increase from $116 to $240. This pattern, spanning from Solana's 2021 peak through the 2022 crypto winter low, indicates a long-term consolidation phase that could lead to a major breakout if the $240 resistance is surpassed. A confirmed breakout above $240 could trigger a much larger rally, while a drop below $80 would invalidate the pattern and risk a downtrend. Investors are advised to watch these key levels closely as the pattern unfolds.

Solana trades at Rp2.090.901 on Pluang as of Sep 22, 2026 00:22 WIB, showing a 7.47% gain in the last day. The platform records a market cap of Rp1.231,94T and a 24-hour volume of Rp114,78T. Buyer interest remains strong with 62% of orders favoring purchases, while typical hold time is 70 days.

More News (SOL)

Solana ETFs see $47.62M inflows, pushing assets to $1.62B amid record on-chain activity.

Solana ETFs see $47.62M inflows, pushing assets to $1.62B amid record on-chain activity.

U.S. investors have heavily invested in Solana, with spot Solana ETFs recording $47.62 million in net inflows on September 18, all into Bitwise’s Solana Staking ETF (BSOL). This raised total assets under management for Solana ETFs to about $1.62 bill...

Market News
Bullish
4 hours ago
Solana leads decentralized exchange volume with $20B amid DeFi and memecoin surge

Solana leads decentralized exchange volume with $20B amid DeFi and memecoin surge

Solana has become the top blockchain for decentralized exchange (DEX) volume, regularly exceeding $17 billion weekly and surpassing $3 trillion in cumulative trades. Key drivers include stablecoin swaps, memecoin transactions, and tokenized equities,...

Market News
Bullish
5 hours ago
Render token jumps 19% on rising AI demand and network activity, leading AI crypto gains.

Render token jumps 19% on rising AI demand and network activity, leading AI crypto gains.

Render token surged about 19% to $1.83, marking it the second strongest AI-related crypto after Sui on September 21, 2026. The rise reflects growing demand for Render's GPU-based distributed computing service, which supports 3D rendering and AI train...

Market News
Bullish
5 hours ago
Solana and its app Jupiter surge as capital shifts into ecosystem applications amid strong market and ETF filings.

Solana and its app Jupiter surge as capital shifts into ecosystem applications amid strong market and ETF filings.

Solana's price rose 7.6% to $116.63, while its largest app, Jupiter, jumped 13% to $0.305, reflecting a capital shift from the base chain to applications. Jupiter benefits from increased trading volume on Solana, which boosts its fees and token buyba...

Market News
Bullish
6 hours ago
Altcoins like Solana, Ethereum, SUI, Avalanche, and Dogecoin rally as Bitcoin stabilizes, signaling rising crypto risk appetite.

Altcoins like Solana, Ethereum, SUI, Avalanche, and Dogecoin rally as Bitcoin stabilizes, signaling rising crypto risk appetite.

Bitcoin's recovery is boosting the broader crypto market, with altcoins such as Solana, Ethereum, SUI, Avalanche, and Dogecoin showing strong gains. SUI is nearing the key $1 level, Solana is testing resistance near $120, and Ethereum is pushing towa...

Technical Signals
Bullish
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App