{"id":559810,"date":"2026-02-23T12:35:47","date_gmt":"2026-02-23T12:35:47","guid":{"rendered":"https:\/\/Blockchain.News\/news\/20260223-price-prediction-sol-solana-eyes-recovery-to-88-92"},"modified":"2026-02-23T12:35:47","modified_gmt":"2026-02-23T12:35:47","slug":"sol-price-prediction-solana-eyes-recovery-to-88-92-range-despite-recent-selloff","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/02\/23\/sol-price-prediction-solana-eyes-recovery-to-88-92-range-despite-recent-selloff\/","title":{"rendered":"SOL Price Prediction: Solana Eyes Recovery to $88-92 Range Despite Recent Selloff"},"content":{"rendered":"
\n

Tony Kim<\/a> Feb 23, 2026 12:35<\/span> <\/p>\n

Solana trades at $80.12 after 5.56% decline, but technical indicators suggest potential bounce toward $88-92 resistance zone within 2-3 weeks if key support holds.<\/p>\n

\"SOL <\/a> <\/figure>\n

SOL Price Prediction Summary<\/h2>\n

\u2022 Short-term target (1 week): $84-88
\n\u2022 Medium-term forecast (1 month): $88-105 range
\u2022 Bullish breakout level: $92
\n\u2022 Critical support: $77<\/p>\n

What Crypto Analysts Are Saying About Solana<\/h2>\n

While specific analyst predictions are limited in recent trading sessions, available forecasts from earlier this year remain relevant to current price action. According to blockchain industry analysts, Rebeca Moen<\/strong> projected in early January that “SOL price prediction shows bullish momentum with technical indicators supporting a move to $150-155 over the next 4-6 weeks, contingent on holding $120 support levels.”<\/p>\n

However, Solana’s price has since retreated significantly from those elevated targets. Darius Baruo<\/strong> had suggested that “SOL price prediction shows bullish momentum with $162 target possible within 3 weeks, though analyst forecasts range from bearish $30-40 to optimistic $184 levels.”<\/p>\n

Given the current technical picture, on-chain data from platforms like Glassnode and CryptoQuant will be crucial in determining whether institutional accumulation patterns emerge at these lower price levels.<\/p>\n

SOL Technical Analysis Breakdown<\/h2>\n

Solana’s technical structure reveals a mixed but potentially oversold condition. The current price of $80.12 sits well below all major moving averages, with the 7-day SMA at $83.13 and 20-day SMA at $84.34 providing immediate resistance levels.<\/p>\n

The RSI reading of 33.69 indicates SOL is approaching oversold territory without quite reaching extreme levels, suggesting there may be room for further downside before a meaningful bounce materializes. The MACD histogram at effectively zero (-0.0000) shows bearish momentum has stalled, which could precede a directional shift.<\/p>\n

Bollinger Bands analysis reveals SOL trading near the lower band support, with the %B position at 0.1983 indicating the price is in the lower 20% of the recent trading range. The upper Bollinger Band at $91.36 represents a logical upside target, while the lower band at $77.33 provides critical support.<\/p>\n

Key support and resistance levels show immediate resistance at $84.26, aligning closely with the 20-day moving average. Strong resistance sits at $88.41, which represents a 10% upside move from current levels.<\/p>\n

Solana Price Targets: Bull vs Bear Case<\/h2>\n

Bullish Scenario<\/h2>\n

The bullish case for SOL centers on the cryptocurrency holding above the $77 support zone and reclaiming the $84 resistance level. If Solana can break above $84.26 with volume, the next logical target becomes $88.41, representing the strong resistance level identified in the technical analysis.<\/p>\n

A successful break above $88.41 could trigger momentum toward the upper Bollinger Band near $91-92, potentially setting up a test of the $105-110 zone where the 50-day moving average currently resides at $111.28.<\/p>\n

For this Solana forecast to materialize, SOL would need to see increased buying pressure and a shift in the MACD from its current neutral position back into positive territory.<\/p>\n

Bearish Scenario<\/h2>\n

The bearish scenario involves a breakdown below the critical $77 support level, which aligns closely with the lower Bollinger Band. Such a move could trigger selling toward the strong support level at $73.01, representing an 8-9% decline from current prices.<\/p>\n

Further downside risk exists if broader crypto market sentiment deteriorates, potentially pushing SOL toward the $65-70 range, though such levels would likely represent significant oversold conditions suitable for accumulation by longer-term investors.<\/p>\n

Risk factors include continued selling pressure in altcoins, potential regulatory headwinds, and any technical issues with the Solana network that could impact investor confidence.<\/p>\n

Should You Buy SOL? Entry Strategy<\/h2>\n

For traders considering SOL positions, the current price level offers a reasonable risk-reward setup. Conservative buyers might wait for a test of the $77 support zone before entering, with a stop-loss placed below $73 to limit downside risk.<\/p>\n

More aggressive traders could consider scaling into positions between $78-80, targeting the $84-88 resistance zone for partial profit-taking. The daily ATR of $4.99 suggests position sizing should account for potential daily volatility of approximately 6-7%.<\/p>\n

A disciplined approach would involve taking profits at the $88 resistance level while maintaining a core position for potential continuation toward $92-95 if momentum continues.<\/p>\n

Conclusion<\/h2>\n

This SOL price prediction suggests Solana is positioned for a potential recovery toward the $88-92 range over the next 2-3 weeks, provided the cryptocurrency maintains support above $77. The technical setup shows oversold conditions without extreme readings, indicating a bounce could materialize once selling pressure subsides.<\/p>\n

However, investors should remain cautious given the significant distance between current prices and longer-term moving averages. The Solana forecast carries moderate confidence due to mixed technical signals, and traders should implement proper risk management given the volatile nature of cryptocurrency markets.<\/p>\n

Cryptocurrency price predictions are inherently speculative and should not constitute sole investment advice. Always conduct thorough research and consider your risk tolerance before making trading decisions.<\/em><\/p>\n

Image source: Shutterstock<\/i><\/span> Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Tony Kim Feb 23, 2026 12:35 Solana trades at $80.12 after 5.56% decline, but technical indicators suggest potential bounce toward $88-92 resistance zone within 2-3 weeks if key support holds. SOL Price Prediction Summary \u2022 Short-term target (1 week): $84-88 \u2022 Medium-term forecast (1 month): $88-105 range\u2022 Bullish breakout level: $92 \u2022 Critical support: $77 […]<\/p>\n","protected":false},"author":1,"featured_media":559811,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[272,21495,8232],"class_list":{"0":"post-559810","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain","8":"tag-analysis","9":"tag-sol-price-analysis","10":"tag-sol-price-prediction"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/559810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=559810"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/559810\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/559811"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=559810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=559810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=559810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}