Yesterday, the bulls breached the 50-day SMA, initiating the altcoin’s bullish surge, which pushed the price to the 21-day SMA barrier, reaching a high of $230, Coinidol.com reports.
Solana price long-term prediction: bearish
Solana (SOL) price is rising after finding support above its $190 low. Now, the bullish momentum could extend to a high of $253. Conversely, if the altcoin falls from its recent high, Solana will be caught between the moving average lines.
Technical indicators
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Key supply zones: $220, $240, $260 -
Key demand zones: $140, $120, $100
SOL price indicator analysis
The moving average lines have an upward slope, indicating a previous uptrend. The price bars are between the moving average lines, and bulls are retesting the 21-day SMA. On the 4-hour chart, the moving average lines are sloping downward, with the 21-day SMA above the 50-day SMA, indicating a positive trend.
SOL/USD daily chart – October 2, 2025
What is the next move for Solana?
Solana’s price has resumed its upward trend after breaking above the moving average lines on the 4-hour chart. The cryptocurrency has started forming higher highs and higher lows. The bullish momentum is encountering initial resistance at the $230 high. A breach above the $230 level will propel the altcoin to a high of $253.
SOL/USD 4-hour chart – October 2, 2025
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.