A crypto analyst has issued a new Solana price forecast, outlining several potential target levels for the current cycle. In the short term, the analyst expects significant volatility and the possibility of a sharp price crash to new lows. Despite this, his ultimate projection suggests that SOL could surge toward $360, representing a roughly 333% increase from its price of about $83 at the time of writing.
When The Solana Price Could Hit $360
A detailed technical analysis shared by market expert Celal Kucuker on X has sparked renewed optimism around Solana’s price outlook. The analyst shared a chart showing the SOL price around $88 at the time. He also outlined a clear roadmap that points to a potential final surge near $360 for the cryptocurrency.
The chart reveals a dominant bearish channel defined by several parallel red descending trendlines that shaped Solana’s price action from late 2025 through early 2026. These lines have repeatedly capped rallies and guided SOL’s downtrend, while also respecting the critical resistance point around $147.15.
Following the cryptocurrency’s rally to $147, it recorded a massive price crash to $66.92, marking the first floor of its Double Bottom pattern, as shown on the chart. Based on the trajectory of black lines within the descending parallel channel, Kucuker expects Solana to rally again to $111.32 in the near term, representing a roughly 66% increase from the previous bottom.
Once this happens, SOL is projected to plunge even deeper toward $50.42, officially completing its bearish Double Bottom pattern. Kucuker has highlighted this area as a solid support zone. From this pivotal low, the analyst drew a black, upward-sloping line that cleanly slices through the entire bearish descending channel.
This line points directly to the $361.47 bullish target. Kucuker’s timing for this projection suggests that Solana could skyrocket to this level by 2027. However, the chart shows somewhere around the third quarter of 2026. Notably, such a move would deliver a staggering 616% gain from the projected $50.42 support level.
Additional targets in the chart analysis further reinforce Kucuker’s bullish outlook. The analyst drew multiple horizontal lines on the chart to mark key resistance zones that may influence price movement. The first red line points to $130 as an immediate resistance level, which comes into play once the price surpasses the initial target of $111.32. Beyond this, the next black line identifies $260 as the next major resistance level that, if broken, could confirm Solana’s projected price rally above $360.
The Thesis Behind The Bull Rally
A crypto community member has challenged Kucuker’s bullish forecast for Solana, questioning why he posted price targets and charts without explaining the underlying thesis. They asked the analyst to explain which macroeconomic factors could push the SOL price above $360 and which could drive it down to the $50 support level.
In response, Kucuker pointed to broader market dynamics, noting that price rallies often start with meme coins, which typically generate momentum across the market. He noted that Solana will likely benefit from this upward movement, potentially propelling it to new all-time highs.
Featured image from iStock, chart from Tradingview.com
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