CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

SOL Price Prediction: Stalled Below a Dense MA Ceiling as MACD Converges at Zero

Blockchain.News logo

Published on

Add as a preferred source on Google
SOL Price Prediction: Stalled Below a Dense MA Ceiling as MACD Converges at Zero

Solana trades at $106.23 on Binance spot as of October 21, 2026, holding above the seven-day simple moving average but capped beneath a compressed resistance cluster running from $108.39 to $110.56...

Market analysis includes conditional scenarios, not assured price outcomes or investment advice. Check the data, assumptions and dates cited.

Solana gained 1.68% in the 24-hour session to October 21, 2026 (Binance spot), printing an intraday high of $108.25 before retreating to $106.23. That high effectively probed the immediate resistance at $108.39 and was turned back, which matters because the next meaningful levels are stacked within a tight $2.20 band: immediate resistance at $108.39, the SMA 50 at $109.63, the SMA 20 at $110.50, and strong resistance at $110.56. Clearing that entire range in a single push would require buying pressure that the current session did not supply.

The longer-term anchor remains constructive. The SMA 200 sits at $88.01, placing current price roughly $18.22 above it and keeping the macro arithmetic in buyers' favour. But the shorter-range exponential averages tell a different story: the EMA 12 at $107.02 and the EMA 26 at $108.96 are both above price, meaning SOL is trading beneath its short-term trend references rather than using them as a floor. The SMA 7 at $105.05 is the only moving average currently providing upside support to the spot price.

Hourly candlesticks (about 96 bars), same endpoint as our cryptocurrency price pages. Numbers below refresh from 1-minute klines.

9345, producing a histogram reading of exactly zero. Supplied data characterises this as bearish momentum; more precisely, the histogram at zero signals that the gap between the MACD and its signal has closed entirely — bearish momentum has stopped accelerating, but no bullish cross has occurred.


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.