TLDR
- Solana’s weekly MACD indicator has triggered a “buy” signal, a sign that historically came before price surges ranging from 100% to 860%.
- The Relative Strength Index (RSI) has rebounded to 35 from 25 in mid-February, aligning with its level at Solana’s 2022 bear market low.
- A symmetrical triangle formation on the daily chart suggests a potential breakout target of $130.
- Major resistance is positioned between $90 and $96, an area where approximately 9.9 million SOL tokens are held at an average cost of $90–$92.
- Analyst Ali Charts highlighted a Bollinger Band squeeze on the 3-day chart, labeling the $77–$94 range a “no-trade zone.”
(SeaPRwire) – Solana’s (SOL) weekly chart has generated a MACD “buy” signal—identical to the indicator that foreshadowed significant price increases in past market cycles. The cryptocurrency is now trading near $85–$86, following a retreat from its weekly peak of $89.

On the weekly chart, the MACD line has crossed above its signal line. This same crossover occurred in May 2025, preceding SOL’s climb from approximately $125 to over $250—a gain of about 100%.
In prior cycles, comparable signals emerged before rallies of 860% in 2023 and 617% in 2021.

The weekly RSI has also risen to 35, up from 25 in mid-February. This level corresponds to where SOL’s RSI was at the 2022 bear market trough, which was followed by a 2,500% surge to $210 by March 2024.
Analyst Tyler Hill observed that Solana’s RSI fell below 35 for the first time in 1,200 days. He stated that the last instance it reached such levels marked the bear market bottom and led to a subsequent 3,000% price advance.
Analyst Sixtysecondalpha commented that the MACD crossover happened after its “lowest stretch ever.” Together with bullish RSI divergence, they argued SOL is positioned for its “most powerful move” in two years.
$130 Breakout Target in Play
On the daily timeframe, SOL has developed a symmetrical triangle pattern. The breakout point is at $90. A daily close above this level would project a measured move target near $130, roughly 50% higher than current prices.

The daily RSI has improved to 52 from an oversold reading of 11 on February 6, indicating strengthening momentum.
$90 Resistance Remains the Key Hurdle
The $90–$96 price band poses a significant obstacle. Data from Glassnode indicates that roughly 9.9 million SOL are owned by investors who bought at an average price of $90–$92. Many of these holders might look to sell at their break-even point, potentially dampening or halting an upward move.
The 100-day moving averages also cluster within this zone, contributing additional technical resistance.
Solana $SOL is ready for a big price move!
The Bollinger Bands are squeezing on the 3-day chart, creating a tight price range between $77 and $94. This high-timeframe squeeze could act like a coiled spring. The longer the price stays in here, the more energy it builds for the… pic.twitter.com/AtV8GaUwiu
— Ali Charts (@alicharts) April 24, 2026
Analyst Ali Charts identified a Bollinger Band squeeze on the 3-day chart, with the price confined between $77 and $94. Ali Charts described this range as a “no-trade zone,” advising traders to await a definitive 3-day candle close outside the bands before taking a position.
SOL is presently maintaining the $85–$86 range as bullish traders persist in their efforts to recapture the $90 level.
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