Solana Soars: SOL Hops Past 88, Bulls Dream of 100

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Solana is staging a fresh uptick, bouncing above the $85 floor and sultrily hovering around $87. It’s eyeing more gains beyond $90, because apparently even crypto wants a sequel-starring SOL and a lot of dramatic suspense.

  • Solana kicked off a new climb past the $82 and $85 marks against the US Dollar, like a performer finally finding the right spotlight.
  • The price is strutting above $85 and the 100-hour simple moving average-yes, the moving average wants a cameo in this production too.
  • There was a break above a bearish trend line with resistance at $83.60 on the hourly SOL/USD chart (data courtesy of Kraken) – talk about breaking through the wall, except the wall is a chart and the wall is wearing a frown.
  • The pair could extend gains if it clears the $88 resistance zone – cue the fireworks and the confetti cannons, please.

Solana Price Starts Fresh Recovery Wave

Solana’s comeback tour kicked off after it settled above the $82 zone, trying to be as bold as Bitcoin and Ethereum. SOL climbed above $85 to enter a short-term positive groove, because who doesn’t love a good comeback with an encore?

Earlier, there was a bold break above a bearish trend line with resistance at $83.60 on the hourly SOL/USD chart. The price even smashed the $86 barrier. A high formed at $86.85, and the price is now rallying above the 23.6% Fibonacci retracement of the recent move from the $81.32 swing low to the $86.85 high.

Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, it faces resistance near $86.80. The next major resistance is near the $88 level. The main resistance could be $92. A successful close above $92 could set the pace for another steady increase, and the next key resistance stomps in at $100. Any more gains might send the price toward the $102 level, or so they tell the popcorn crowd.

Downside Correction In SOL?

If SOL fails to rise above the $88 resistance, a little curtain call on the downside could be in order. Initial support on the downside sits near the $85.50 zone. The first major support is near $84.00 and the 50% Fib retracement of the recent upward move from the $81.32 swing low to the $86.85 high.

A break below $84.00 might send the price toward the $82 zone. If there’s a close below $82, the price could slip toward the $76.50 support in the near term-and the crowd gasps, but the show must go on.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is gaining pace in the bullish zone, because even the charts enjoy a little razzle-dazzle.

Hourly RSI – The RSI for SOL/USD is above the 50 level, proving the market isn’t just dreaming in a tuxedo.

Major Support Levels – $85.50 and $84.00

Major Resistance Levels – $88.00 and $90.00.

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2026-04-14 07:52