Published: Dec 16, 2025 at 20:52
Solana’s (SOL) price has remained stable above the $120 support level since November 21.
Solana price long-term prediction: ranging
The cryptocurrency has been trading above this support but below the moving average lines and the resistance at $148. The price has twice broken above the 21-day SMA but has failed to sustain upward momentum above the 50-day SMA. If buyers surpass the 50-day SMA barrier, Solana will resume its bullish trend. A break above the 50-day SMA could push the altcoin to highs of $170 and $200.
Currently, the price has dropped to a low of $127, marking the third time the altcoin has returned to the lower price range. Solana will begin an upward trend when bulls buy the dips. The cryptocurrency is consolidating after falling to $127.
Technical indicators
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Key supply zones: $220, $240, $260 -
Key demand zones: $140, $120, $100
Solana price indicator analysis
The downward-sloping moving average lines have now shifted horizontally above the price bars. The price bars are moving both below and above the 21-day SMA. On the 4-hour chart, the moving average lines are horizontal, and the price bars oscillate below and above them.
What is the next move for Solana?
Solana price is trading flat after falling to a low of $121 on November 21. The cryptocurrency has been trading above the $120 support level but below the $148 peak. Currently, the altcoin has dropped to a low of $124. Solana’s decline will continue if it falls below the $120 support.
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.
Source: https://coinidol.com/solana-remains-steady-120/
