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Solana costs have recovered above the $173 help stage after falling to a low of $164. SOL value evaluation by Coinidol.com.
Solana value long-term prediction: bearish
For the previous two weeks, the altcoin has traded above the $173 help however beneath the $210 resistance. On the weekly chart, the worth indicator means that the cryptocurrency will proceed to say no.
On September 22, a fall occurred, with a retraced candle physique testing the 38.2% Fibonacci retracement stage. This retracement signifies that Solana is prone to decline additional. In line with the worth indicator, Solana might fall to the two.618 Fibonacci extension, or $92.83. Solana is presently valued at $184.
Technical indicators
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Key provide zones: $220, $240, $260 -
Key demand zones: $140, $120, $100
SOL value indicator evaluation
On the weekly chart, the shifting common traces are horizontal regardless of the bearish pattern. On the 4-hour chart, the shifting common traces are additionally horizontal, indicating a sideways pattern. The 21-day SMA is beneath the 50-day SMA, confirming the decline.
SOL/USD every day chart – October 23, 2025
What’s the subsequent transfer for Solana?
Solana value is shifting sideways above the $175 help and beneath the $210 resistance. On the weekly chart, the cryptocurrency value stays above the shifting common traces. Promoting stress will enhance if the worth falls beneath the shifting common traces.
SOL/USD 4-hour chart – October 23, 2025
Disclaimer. This evaluation and forecast are the non-public opinions of the writer. The information offered is collected by the writer 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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