Published: 09 March 2026 at 13:43
Solana (SOL) broke above the 21-day SMA, but was held at $90.
Long-term SOL price forecast: comprehensive
Buyers failed to sustain the positive momentum above the $90 resistance and the 50-day SMA. The cryptocurrency broke above the 21-day SMA support. If the bears break the price below the 21-day SMA support, the altcoin will return to its range above $75. If the 21-day SMA support holds, the altcoin will continue to move between the moving averages.
Meanwhile, the bears are trying to push the price below the 21-day SMA support. The annual rate is currently $82.43.
Technical indicators
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Main supply areas: $220, $240, $260
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key demand areas: $140, $120, $100
Solana price indicator
Solana trades above the horizontal moving average. Buyers pushed the price above the 21-day SMA barrier twice, but could not sustain the upward momentum. Bears are trying to push the price below the 21-day SMA support.
In the 4-hour chart, the price lines fluctuate around the horizontal moving averages.
What’s next for Solana?
Solana remains within the range, trading below the $75 support and below the $95 resistance. On the 4-hour chart, the price lines have broken below the moving averages and are consolidating above the $80 support. Doji candlesticks are forming as the price holds above the $75 support.
Disclaimer. This analysis and prediction is the author’s personal opinion. The information provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be considered an endorsement by Coinidol.com. Readers should do their own research before investing in funds.
