Published: Mar 09, 2026 at 13:43
Solana (SOL) broke above the 21-day SMA but was halted at $90.
SOL price long-term prediction: ranging
Buyers failed to sustain positive momentum above the $90 resistance and the 50-day SMA. The cryptocurrency has moved above the 21-day SMA support. If bears push 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 oscillate between the moving average lines.
Meanwhile, bears are attempting to drive the price below the 21-day SMA support. Solana is currently at $82.43.
Technical indicators
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Key supply zones: $220, $240, $260 -
Key demand zones: $140, $120, $100
Solana price indicator
Solana is trading below the horizontal moving averages. Buyers have twice pushed the price above the 21-day SMA barrier but failed to maintain bullish momentum. Bears are attempting to push the price below the 21-day SMA support.
On the 4-hour chart, price bars fluctuate around the horizontal moving average lines.
What is the next move for Solana?
Solana remains range-bound, trading above the $75 support and below the $95 resistance. On the 4-hour chart, price bars have fallen below the moving average lines and are consolidating above the $80 support. Doji candlesticks are forming as the price remains stagnant above the $75 support.
Disclaimer. This analysis and forecast are the personal opinions of the author. The data 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 viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
Source: https://coinidol.com/sol-retraces-and-consolidates/
