Price analysis by Coinidol.com: The Solana price is rising and approaching the previous high of $260.
Solana price long-term prediction: bullish
In the previous price action, Solana (SOL) was in a sideways trend below the $200 mark. The altcoin moved above the moving average lines before the price rally, but then fell below the $200 mark. In a shorter period, the price broke through the current support at $200 and retested it before resuming its uptrend. Solana is currently trading at a high of $242.
Buyers are driving the altcoin to its previous highs of $260 and $272. The price indicator predicts that Solana will hit a high of 2.618 Fibonacci extension or $331.91.
Technical indicators
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Key supply zones: $220, $240, $260 -
Key demand zones: $140, $120, $100
SOL price indicators analysis
Solana is approaching the overbought area of the market. In other words, the uptrend is nearing its end. When sellers appear in an overbought market, SOL will fall. The moving average lines on the weekly chart are horizontal but sloping upwards.
SOL/USD weekly price chart – September 13, 2025
What is the next step for SOL price?
Solana price have continued to rise above $200. The cryptocurrency is returning to its previous price levels of $260 and $272. The bullish surge has stalled below the $245 high. Since September 12, the altcoin has been trading below its recent high in expectation of a positive trend. The price signal, however, suggests that an upward movement is possible.
SOL/USD 4-hours chart – September 13, 2025
Today, Coinidol.com reported that medical device company Forward Industries has made a colossal $1.65 billion bet on Solana through a strategic private placement.
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.