{"content":"From Pattern to Moon 🌙 – Solana Eyes $1,000 After Breakout 🚀 A cryptocurrency expert said Solana's cup-and-handle breakout suggests a sky-high primary goal. Analysts have posted on X about a trend the 1-week price of SOL has followed in recent years. Technical analysis calls this pattern a “cup and handle”. A U-shaped trendline forms the “cup” while a downward parallel channel forms the “handle.” After a decrease to a low, the asset recovers to nearly the same height as before the downturn. Finally, it shows a negative trajectory, this time a falling channel. The higher line works as a resistance barrier, while the lower line offers support when the price is within the channel. A breach of the levels may indicate a trend continuance. Cup and handle patterns are usually bullish continuation patterns, therefore breakouts are more likely to be up. Even Solana's 1-week price has surged over the resistance line in its multi-year cup and handle pattern. As seen in the graph above, the weekly Solana price followed a cup from 2021 and 2024, however this year it entered the handle or downward consolidation phase. After some time in the zone, the coin broke out in July. This escape from the declining trend was followed by an upward surge, suggesting SOL may soon have persistent bullish momentum. Starting from a bottom, asset price charts show Fibonacci Extension levels. Martinez lowered SOL's cup to zero. The famous Fibonacci series ratios represent each level's percentage extension from this bottom. #SummerOfSolana? #BNBBreaksATH #ETHWhaleWatch #ETHReclaims4700 #Write2Earn $SOL $BTC $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/13/340b11b0dd104498b7934ea1bde8b913.png"],"tags":[],"tradingPairs":["XRP/USDT"],"quotearticleid":0}