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Yesterday, the bulls breached the 50-day SMA, initiating the altcoin’s bullish surge, which pushed the worth to the 21-day SMA barrier, reaching a excessive of $230, Coinidol.com stories.
Solana value long-term prediction: bearish
Solana (SOL) value is rising after discovering help above its $190 low. Now, the bullish momentum might lengthen to a excessive of $253. Conversely, if the altcoin falls from its current excessive, Solana will likely be caught between the transferring common traces.
Technical indicators
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Key provide zones: $220, $240, $260 -
Key demand zones: $140, $120, $100
SOL value indicator evaluation
The transferring common traces have an upward slope, indicating a earlier uptrend. The worth bars are between the transferring common traces, and bulls are retesting the 21-day SMA. On the 4-hour chart, the transferring common traces are sloping downward, with the 21-day SMA above the 50-day SMA, indicating a constructive development.
SOL/USD day by day chart – October 2, 2025
What’s the subsequent transfer for Solana?
Solana’s value has resumed its upward development after breaking above the transferring common traces on the 4-hour chart. The cryptocurrency has began forming greater highs and better lows. The bullish momentum is encountering preliminary resistance on the $230 excessive. A breach above the $230 stage will propel the altcoin to a excessive of $253.
SOL/USD 4-hour chart – October 2, 2025
Disclaimer. This evaluation and forecast are the private opinions of the creator. The info supplied is collected by the creator and isn’t sponsored by any firm or token developer. This isn’t a suggestion to purchase or promote cryptocurrency and shouldn’t be seen as an endorsement by Coinidol.com. Readers ought to do their analysis earlier than investing in funds.
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