Solana Surges Past $90-Is the $100 Break Finally Coming?

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Solana (<a href="https://jpyxx.com/sol-usd/">SOL</a>) Rally Builds, Traders Watch Critical $100 Test

Solana’s price has been rising and is now trading above $90, after breaking through $88. It could potentially climb higher, with a target around $95.

  • SOL price started a fresh upward move above the $85 and $88 levels against the US Dollar.
  • The price is now trading above $90 and the 100-hourly simple moving average.
  • There is a bullish trend line forming with support at $89 on the hourly chart of the SOL/USD pair (data source from Kraken).
  • The pair could extend gains if it clears the $95 resistance zone.

Solana Price Regains Traction

Solana’s price has been rising steadily after breaking through the $85 level, mirroring recent gains seen in Bitcoin and Ethereum. It has now moved above $88, indicating a positive short-term trend.

The price surged past the $90 mark, with buyers driving it up to $92 and briefly reaching a peak of $94.10. Now, the price is stabilizing after those gains. There was a small dip below a key technical level, specifically the 23.6% Fibonacci retracement of the recent rise from $82.50 to $94.10.

Solana’s price has risen above $90 and is currently trading above its 100-hour average. A positive trend is also appearing on the hourly chart, with support around $89 for the SOL/USD pair.

The price is currently encountering some difficulty around $92, and further gains may be limited near $95. A break above $100 could lead to continued price increases, with $108 as the next significant target. If the price continues to rise beyond that, it could potentially reach $112.

Downside Correction In SOL?

If SOL doesn’t break past the $92 mark, its price might start to fall again. It could initially find some support around $90. A stronger support level is near $88.50, which also aligns with a key trend line and a 50% retracement of the recent price increase from $82.50 to $94.10.

If the price falls below $88.50, it could move down to around $84. A further drop below $84 could lead to a decline toward $78 in the short term.

Technical Indicators

Hourly MACD – The MACD for SOL/USD is losing pace in the bullish zone.

Hourly Hours RSI (Relative Strength Index) – The RSI for SOL/USD is above the 50 level.

Major Support Levels – $90 and $88.50

Major Resistance Levels – $92 and $95.

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2026-03-05 08:29