Solana under the negative momentum pushed the price below the moving average lines. Price analysis of SOL by Coinidol.com.
SOL price long-term prediction: bearish
Solana (SOL) has faced renewed selling pressure after failing to break the $240 mark. The negative momentum pushed the price below the moving average lines, reaching a low of $164 on October 10.
However, the bulls capitalised on the dips, and the altcoin rebounded above the $170 support level. Solana is expected to trade within a range above $170 and below the resistance at $240. But if negative momentum breaks below the $170 support, the altcoin could fall further to a low of $160. At the time of writing, the altcoin is trading at $196.
Technical indicators
-
Key supply zones: $220, $240, $260 -
Key demand zones: $140, $120, $100
SOL price indicator analysis
The price bars are below the downward-sloping moving average lines. The 21-day SMA is below the 50-day SMA, indicating a current decline. On the 4-hour chart, the price bars remain below the southward-sloping moving averages.
SOL/USD daily chart – October 13, 2025
What is the next move for Solana?
Solana’s price is rising after a recent decline. The cryptocurrency is trading above the $170 support but below the 21-day SMA barrier and the $200 high. The upward movement is currently stalled at the 21-day SMA. The bullish trend will resume if buyers overcome the resistance and push the price above the moving average lines.
SOL/USD 4-hour chart – October 13, 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.