Solana Breaks Consolidation Zone, Hits $100 Amid Bullish Technical Indicators

Solana has broken out of its consolidation zone and hit $100. According to technical analysis, this price point is being tested by the upper Bollinger band at $99.42.

The Relative Strength Index (RSI) reached 78.0, indicating overbought territory, while the Moving Average Convergence Divergence (MACD) registered a bullish golden cross at 3.04.

With the EMA50 anchored at $88.98 as support, analysts predict a healthy retracement to that level before further upside in Solana's price prediction setup.