Solana price prediction

[kevin1]

The long tail on Solana’s SOL $132.91 Thursday candlestick shows that the bulls are aggressively defending the $126 level.

SOL/USDT daily chart. Source: Cointelegraph/TradingView
The bulls will have to propel the Solana price above the 50-day SMA ($152) to signal a potential trend change in the near term. The SOL/USDT pair could then ascend to $172 and subsequently to $190.

On the other hand, a break and close below the $126 level signals the resumption of the downward move. The pair may plummet to $100 and, after that, to the strong support at $95.

[Abdul Khan]

Solana’s ecosystem growth continues to support long-term bullish expectations.

[Nahid Hossen]

Short-term price action will depend on how SOL reacts to key support levels.