{"id":12060,"date":"2026-04-27T13:00:28","date_gmt":"2026-04-27T13:00:28","guid":{"rendered":"https:\/\/coinscap.info\/blog\/solana-sol-edges-up-traders-watch-for-sustained-upside-move\/"},"modified":"2026-04-27T13:00:28","modified_gmt":"2026-04-27T13:00:28","slug":"solana-sol-edges-up-traders-watch-for-sustained-upside-move","status":"publish","type":"post","link":"https:\/\/coinscap.info\/blog\/solana-sol-edges-up-traders-watch-for-sustained-upside-move\/","title":{"rendered":"Solana (SOL) Edges Up, Traders Watch For Sustained Upside Move"},"content":{"rendered":"<p><em>Solana started a fresh increase above the $86 zone. SOL price is now consolidating above $87 and might aim for more gains above the $90 zone.<\/em><\/p>\n<ul>\n<li>SOL price started a fresh upward move above the $85 and $86 levels against the US Dollar.<\/li>\n<li>The price is now trading above $87 and the 100-hourly simple moving average.<\/li>\n<li>There is a bullish trend line forming with support at $86.50 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The pair could extend gains if it clears the $90 resistance zone.<\/li>\n<\/ul>\n<h2>Solana Price Regains Traction<\/h2>\n<p>Solana price corrected gains from the $90 zone but remained stable above the $85 zone, like Bitcoin and Ethereum. SOL formed a low near $85 and started a fresh upward move.<\/p>\n<p>The price climbed above the $85 level to enter a short-term positive zone. It surpassed the 50% Fib retracement level of the downward move from the $89.34 swing high to the $84.55 low. Besides, there is a bullish trend line forming with support at $86.50 on the hourly chart of the SOL\/USD pair.<\/p>\n<p>Solana is now trading above $87 and the 100-hourly simple moving average. On the upside, the price is facing resistance near $88.20 and the 76.4% Fib retracement level of the downward move from the $89.34 swing high to the $84.55 low. The next major resistance is near the $90 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-893362\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Solana_2477f3.png?resize=1024%2C512\" alt=\"Solana Price\" width=\"1024\" height=\"512\" \/><\/p>\n<p>The main resistance could be $92. A successful close above the $92 resistance zone could set the pace for another steady increase. The next key resistance is $100. Any more gains might send the price toward the $105 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $90 resistance, it could start another decline. Initial support on the downside is near the $86.50 zone and the trend line. The first major support is near the $85 level.<\/p>\n<p>A break below the $85 level might send the price toward the $80 support zone. If there is a close below the $78 support, the price could decline toward the $72 support in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bullish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $86.50 and $85.00.<\/p>\n<p>Major Resistance Levels \u2013 $88.20 and $90.00.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh increase above the $86 zone. SOL price is now consolidating above $87 and might aim for more gains above the $90 zone. SOL price started a fresh upward move above the $85 and $86 levels against the US Dollar. The price is now trading above $87 and the 100-hourly simple moving&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12061,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[92],"tags":[126,127,191,192,142,94],"class_list":["post-12060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-analysis","tag-sol","tag-solana","tag-solbtc","tag-solusd","tag-solusdt","tag-technical-analysis"],"_links":{"self":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts\/12060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/comments?post=12060"}],"version-history":[{"count":0,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/posts\/12060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/media\/12061"}],"wp:attachment":[{"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/media?parent=12060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/categories?post=12060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscap.info\/blog\/wp-json\/wp\/v2\/tags?post=12060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}