Solana trades at $84.71 with analysts forecasting SOL price targets of $90-$95 within weeks. Technical indicators show neutral momentum as SOL eyes breakout aboveSolana trades at $84.71 with analysts forecasting SOL price targets of $90-$95 within weeks. Technical indicators show neutral momentum as SOL eyes breakout above

SOL Price Prediction: Targets $95 by Late March Amid Technical Recovery

2026/03/11 19:43
4 min read
For feedback or concerns regarding this content, please contact us at [email protected]

SOL Price Prediction: Targets $95 by Late March Amid Technical Recovery

Tony Kim Mar 11, 2026 11:43

Solana trades at $84.71 with analysts forecasting SOL price targets of $90-$95 within weeks. Technical indicators show neutral momentum as SOL eyes breakout above $87 resistance.

SOL Price Prediction: Targets $95 by Late March Amid Technical Recovery

SOL Price Prediction Summary

Short-term target (1 week): $90-$92 • Medium-term forecast (1 month): $88-$95 range
Bullish breakout level: $90.20 • Critical support: $81.92

What Crypto Analysts Are Saying About Solana

Recent analyst predictions paint a cautiously optimistic picture for Solana's near-term price action. Caroline Bishop provided a SOL price prediction on March 10, 2026, suggesting "a short-term target of $90–$92 within the next week, with a medium-term forecast of $88–$95 by late March."

Adding to the positive sentiment, Ann Maria Shibu highlighted on March 9 that "Solana has achieved a historic milestone, surpassing both Ethereum and Tron in monthly stablecoin transaction volume for February 2026." This fundamental strength in network activity provides underlying support for bullish price forecasts.

For longer-term projections, CoinPriceForecast published analysis on March 8 stating that "according to the latest long-term forecast, Solana price will hit $100 by the middle of 2026 and then $200 by the middle of 2030."

SOL Technical Analysis Breakdown

Current technical indicators present a mixed but stabilizing picture for Solana. Trading at $84.71, SOL has experienced a -2.32% decline in the past 24 hours, with the price range between $88.80 and $84.66.

The RSI (14-period) sits at 46.04, indicating neutral momentum with no immediate overbought or oversold conditions. This suggests room for movement in either direction based on market catalysts.

MACD analysis shows bearish momentum with the histogram at 0.0000, though the convergence suggests potential momentum shifts ahead. The current MACD reading of -2.0902 aligns with the recent price consolidation.

Bollinger Band positioning reveals SOL trading at 0.51 relative position, essentially at the middle band ($84.58). The upper band at $90.60 represents immediate resistance, while the lower band at $78.56 provides downside support.

Moving average analysis shows mixed signals. While SOL trades above the 20-day SMA ($84.58), it remains below the 50-day SMA ($93.96), indicating medium-term resistance. The 200-day SMA at $151.71 highlights the significant distance from previous highs.

Solana Price Targets: Bull vs Bear Case

Bullish Scenario

The Solana forecast turns positive if SOL breaks above the immediate resistance at $87.45. A sustained move above this level could target the strong resistance zone at $90.20, aligning with analyst predictions of $90-$92.

Technical confirmation for the bull case requires: - RSI breaking above 50 with momentum - MACD histogram turning positive - Volume expansion above the 24-hour average of $269 million

Success above $90.20 opens the path toward the $95 target by late March, as suggested by recent analyst forecasts.

Bearish Scenario

Downside risks emerge if SOL fails to hold the immediate support at $83.31. A break below this level could trigger selling toward the strong support at $81.92.

The bear case intensifies if: - RSI drops below 40 - Price breaks below the lower Bollinger Band at $78.56 - Volume increases on downside moves

In an extreme bearish scenario, SOL could retest psychological support levels around $75-$80.

Should You Buy SOL? Entry Strategy

For traders considering SOL positions, the current technical setup offers defined entry opportunities:

Conservative entry: Wait for a pullback to $83.31 support with confirmation of buying interest through volume and RSI stabilization above 45.

Aggressive entry: Current levels around $84.71 offer reasonable risk-reward, with stop-loss below $81.92 and initial target at $90.20.

Breakout entry: Above $87.45 resistance with volume confirmation targets the $90-$92 range within one week.

Risk management remains crucial given the $5.71 Average True Range, indicating significant daily volatility that requires appropriate position sizing.

Conclusion

The SOL price prediction for the coming weeks appears cautiously optimistic, with technical indicators supporting potential upside toward $90-$95 targets. Current consolidation around key moving averages suggests accumulation before the next directional move.

While analyst forecasts align on near-term upside potential, traders should monitor the $87.45 resistance level as the key catalyst for confirming bullish momentum. The neutral RSI and stabilizing MACD provide room for upward movement, particularly if Solana's strong network fundamentals continue supporting price action.

Disclaimer: Cryptocurrency price predictions involve significant risk and uncertainty. This analysis is for educational purposes and should not constitute financial advice. Always conduct your own research and consider your risk tolerance before trading.

Image source: Shutterstock
  • sol price analysis
  • sol price prediction
Market Opportunity
Solana Logo
Solana Price(SOL)
$85.87
$85.87$85.87
+0.56%
USD
Solana (SOL) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise

The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37
Bitcoin and Ethereum prices to crash after FOMC, top analyst warns

Bitcoin and Ethereum prices to crash after FOMC, top analyst warns

A popular analyst has predicted that Bitcoin, Ethereum, and the crypto market could crash after the Federal Reserve starts cutting interest rates on Wednesday.  Top expert predicts Bitcoin and Ethereum prices to cash In an X post, Ash Crypto, a…
Share
Crypto.news2025/09/18 02:13
Trump Iran War Resolution: President Claims He Can End Conflict Anytime, Expects Swift Conclusion

Trump Iran War Resolution: President Claims He Can End Conflict Anytime, Expects Swift Conclusion

BitcoinWorld Trump Iran War Resolution: President Claims He Can End Conflict Anytime, Expects Swift Conclusion WASHINGTON, D.C. — President Donald Trump asserted
Share
bitcoinworld2026/03/11 22:50