Solana (SOL) Price Prediction: Can Bulls Push Through $220 After Alpenglow Approval?
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Solana price today is trading at $209, holding near the upper boundary of its ascending channel after a strong summer rally. Buyers are testing the $210–$220 zone, which coincides with Fibonacci retracement levels and EMA clusters, leaving traders to weigh the impact of bullish fundamentals against seasonal headwinds.
Solana Price Holds Channel Support
The daily chart shows SOL advancing within a rising parallel channel since April. Support rests near $197–$200, where the 20-day EMA aligns with mid-channel demand. Resistance remains concentrated around $220, where price has stalled multiple times.
Related: XRP (XRP) Price Prediction: Analysts Eye $3.60 Breakout As ETF Speculation Heats Up
Momentum indicators lean neutral but constructive. The RSI sits near 58, showing room for further gains without being overbought. Meanwhile, the alignment of the 50- and 100-day EMAs below spot continues to provide structural support. A clean breakout above $220 could open the path toward $236 and the key Fibonacci level at $252.
Alpenglow Upgrade Secures Overwhelming Approval
The post Solana (SOL) Price Prediction: Can Bulls Push Through $220 After Alpenglow Approval? appeared first on Coin Edition.
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