SOL Price Prediction: Targets $105-110 by March End
Darius Baruo Mar 16, 2026 07:41
Solana shows bullish momentum at $93.45 with RSI neutral and price above key moving averages. Technical analysis suggests SOL could reach $105-110 within two weeks if it breaks $98.67 resistance.
SOL Price Prediction Summary
• Short-term target (1 week): $105 • Medium-term forecast (1 month): $110-120 range
• Bullish breakout level: $98.67 • Critical support: $89.10
What Crypto Analysts Are Saying About Solana
While specific analyst predictions are limited for the current timeframe, several notable forecasts from early 2026 remain relevant to our Solana forecast. Alex Carchidi projected that "by the end of 2026, Solana's (SOL) price will be at or more than $200," representing significant upside potential from current levels.
Rebeca Moen's earlier technical analysis suggested "SOL price prediction shows bullish momentum with technical indicators supporting a move to $150-155 over the next 4-6 weeks," though this timeframe has since passed. 21Shares provided a bull case scenario where "Solana is predicted to reach $197, a 57% increase."
According to on-chain data from major platforms, Solana's network activity and transaction volume continue to support bullish price action, with the current technical setup aligning with these optimistic longer-term projections.
SOL Technical Analysis Breakdown
Solana's current technical picture presents a compelling bullish setup. Trading at $93.45 with a strong 5.93% daily gain, SOL has broken above its 7-day SMA ($88.75) and 20-day SMA ($86.64), signaling renewed buying interest.
The RSI reading of 58.87 sits comfortably in neutral territory, providing room for further upside without entering overbought conditions. However, the MACD histogram at 0.0000 suggests bearish momentum may be waning, potentially setting up for a bullish crossover.
Most notably, SOL's Bollinger Band position at 1.0534 indicates the price is trading above the upper band ($92.79), suggesting strong momentum but also proximity to short-term resistance. The daily ATR of $4.66 reflects moderate volatility, typical for sustained trending moves.
Key resistance lies at $96.06 (immediate) and $98.67 (strong), while support is established at $89.10 (immediate) and $84.75 (strong). The current price action suggests SOL is preparing to test the strong resistance level.
Solana Price Targets: Bull vs Bear Case
Bullish Scenario
If SOL breaks above the strong resistance at $98.67, the next logical targets emerge at $105-110 based on previous support-turned-resistance levels. A sustained move above $98.67 with increased volume would likely trigger algorithmic buying, potentially pushing SOL toward $115-120 within the month.
Technical confirmation would require the RSI to maintain above 60 while the MACD histogram turns positive. Breaking above the upper Bollinger Band with expanding bands would signal a strong trending move higher.
Bearish Scenario
Failure to hold current levels could see SOL retreat to immediate support at $89.10. A break below this level would target the strong support at $84.75, representing a potential 9-10% downside from current levels.
The primary risk factor is SOL's position significantly below its 200-day SMA at $148.93, indicating the longer-term trend remains bearish despite recent gains.
Should You Buy SOL? Entry Strategy
For traders seeking SOL exposure, the current level offers a reasonable entry point with defined risk parameters. Consider entering on any pullback toward $91.71 (pivot point) with a stop-loss below $89.10.
More conservative investors might wait for a successful break above $98.67 before establishing positions, accepting higher entry prices in exchange for greater trend confirmation. This approach would target the $105-110 range with stops below $96.
Risk management remains crucial given cryptocurrency volatility. Position sizing should account for the potential 9% downside to strong support levels.
Conclusion
Our SOL price prediction suggests bullish momentum could drive Solana toward $105-110 within the next two weeks, contingent on breaking key resistance at $98.67. The technical setup appears favorable with neutral RSI readings and price action above short-term moving averages.
However, the broader market structure and SOL's position well below longer-term averages warrant cautious optimism. Traders should monitor the $89.10 support level closely, as a break below could invalidate the bullish thesis and target lower levels around $84.75.
Disclaimer: Cryptocurrency price predictions involve significant risk and uncertainty. This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consider your risk tolerance before making investment decisions.
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