The price of Solana (Sol) rose to a high of $253, but was rejected at an overhead resistance level of $260.
Solana Price Long-Term Prediction: Bull
Since November 18, 2024, Solana has been rejected three times with an overhead resistance level of $260. With each rejection, Solana falls below the moving average.
Yesterday, Altcoin fell below the moving average line, but was suspended for 50 days of SMA support. If Solana loses 50 days of SMA support, it’s another $155. However, if a 50-day SMA is retained, Altcoin will be forced to move within a limited range. Solana is currently at $212.
Technical indicators
SOL Price Indicator Analysis
The price bar is locked between 50 days of SMA support and 21 days of SMA line. The moving average line is tilted upward, suggesting that previous rises could continue. On the 4-hour chart, the moving average line shows the downtrend. The 21-day SMA is below the 50-day SMA, indicating a downward trend.
Sol/USD Daily Chart- September 24, 2025
What will Sol’s next move?
Sol slid under the moving average line on the 4-hour chart. Cryptocurrency fell to a low of $204 before it began its upward trend. In previous price transfers, Altcoin turned around after establishing support of over $200.
Currently, Sol is trading above $200 support, but below the moving average. If current support is retained, Altcoin will start a bullish rise.
SOL/USD 4-Hour Chart – September 24, 2025
Disclaimer. This analysis and prediction is the author’s personal opinion. The data provided is collected by the authors and is not sponsored by the company or token developers. This is not a recommendation for buying and selling cryptocurrency and should not be considered an approval by Coinidol.com. Readers should do research before investing in funds.
