Published: Jan 06, 2026 at 18:27
Updated: Jan 06, 2026 at 18:34
Solana’s (SOL) price has broken above the moving average lines, reaching a high of $137.50.
SOL price long-term prediction: bullish
The cryptocurrency price has fallen below the $135 high, but remains above the moving average lines. Previously, Solana traded above the $120 support but below the moving average lines. Solana is currently trading in the bullish trend zone, but still below the $135 high. The upward trend is expected to reach a maximum of $150. The cryptocurrency price was previously rejected at the $146 high.
Solana is currently facing initial resistance at $135. A break above $135 will propel the altcoin to $150. If the bullish scenario does not materialise, the cryptocurrency will trade in a range above the moving average lines. Solana was trading at $138.
Technical indicators
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Key supply zones: $220, $240, $260 -
Key demand zones: $140, $120, $100
Solana price indicators analysis
The cryptocurrency price is slightly above the downward-sloping moving average lines. Selling pressure will return if the price falls below the moving average lines. The price will rise if the 50-day SMA support holds. The moving average lines on the 4-hour chart are sloping upwards, indicating an uptrend.
What is the next move for SOL?
Solana has regained positive momentum, reaching a high of $137. The price has retraced and stabilised above the 21-day moving average support. If the 21-day SMA support holds, the altcoin’s price will rise further.
However, if Solana breaks below the moving average, it will revert to the area above the $120 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/solana-rebounds-peak/
