{"id":22493,"date":"2026-04-23T06:00:20","date_gmt":"2026-04-23T06:00:20","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/solana-sol-strength-fades-will-bulls-regain-momentum-soon\/"},"modified":"2026-04-23T06:00:20","modified_gmt":"2026-04-23T06:00:20","slug":"solana-sol-strength-fades-will-bulls-regain-momentum-soon","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/solana-sol-strength-fades-will-bulls-regain-momentum-soon\/","title":{"rendered":"Solana (SOL) Strength Fades, Will Bulls Regain Momentum Soon?"},"content":{"rendered":"<p><em>Solana failed to settle above $90 and corrected most gains. SOL price is now consolidating losses above $85 and might attempt another increase.<\/em><\/p>\n<ul>\n<li>SOL price started a fresh decline below $88 and $87 against the US Dollar.<\/li>\n<li>The price is now trading near $86 and the 100-hourly simple moving average.<\/li>\n<li>There is a bullish trend line forming with support at $85.50 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The price could start a recovery wave if the bulls defend $85.50 or $85.<\/li>\n<\/ul>\n<h2>Solana Price Dips From $90<\/h2>\n<p>Solana price failed to remain stable above $90 and started a fresh decline, unlike Bitcoin and Ethereum. SOL declined below the $88 and $87 levels.<\/p>\n<p>The bears even pushed the price toward $85. A low was formed at $85.55, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $89.34 swing high to the $85.55 low.<\/p>\n<p>Solana is now trading near $86 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $85.50 on the hourly chart of the SOL\/USD pair.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-892908\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Solana_813f21.png?resize=1024%2C512\" alt=\"Solana Price\" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/p>\n<p>On the upside, immediate resistance is near the $87 level. The next major resistance is near the $87.80 level or the 61.8% Fib retracement level of the downward move from the $89.34 swing high to the $85.55 low. The main resistance could be $88.80. A successful close above the $88.80 resistance zone could set the pace for another steady increase. The next key resistance is $90. Any more gains might send the price toward the $92 level.<\/p>\n<h2>More Losses In SOL?<\/h2>\n<p>If SOL fails to rise above the $87.80 resistance, it could continue to move down. Initial support on the downside is near the $85.50 zone. The first major support is near the $84 level.<\/p>\n<p>A break below the $84 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $80 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 bearish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $85.50 and $84.00.<\/p>\n<p>Major Resistance Levels \u2013 $87.80 and $88.80.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana failed to settle above $90 and corrected most gains. SOL price is now consolidating losses above $85 and might attempt another increase. SOL price started a fresh decline below $88 and $87 against the US Dollar. The price is now trading near $86 and the 100-hourly simple moving average. There is a bullish trend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":22494,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144],"tags":[169,170,218,219,184,145],"class_list":["post-22493","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:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/22493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=22493"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/22493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/22494"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=22493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=22493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=22493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}