Published: Dec 24, 2025 at 17:37
Solana’s (SOL) price has fallen below the moving average lines, but the price range has remained steady above the $120 support and below the moving average lines.
Solana price long-term prediction: ranging
Buyers were unable to sustain bullish momentum above the $148 high and the 50-day SMA barrier. Today, the cryptocurrency has dropped to a low of $123.
Since November 21, the bears have not broken through the $120 support. If the current support holds, the altcoin will return to its trading range. If the support level is breached, selling pressure will resume and Solana will fall to the previous low of $103. Solana is currently trading at $123.59.
Technical indicators
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Key supply zones: $220, $240, $260 -
Key demand zones: $140, $120, $100
SOL price indicator analysis
The moving average lines have been moving horizontally above the price bars since November 21. The 21-day SMA acts as the resistance line for the price bars. On the 4-hour chart, the price bars are below the downward-sloping moving averages. The moving average lines have slowed the price movement.
What is the next move for SOL?
Solana price is falling below the moving average lines. Solana reached a low of $117, but bulls bought the dips. Buyers have pushed the altcoin back above the $120 support. Bulls and bears are struggling to keep the price above the $120 support level. If buyers prevail, the cryptocurrency will return to its previous range.
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-recovers-above-crucial/
