Solana Price Hits $102.93 as Momentum Turns Bearish

Solana's price has reached $102.93 on September 8, 2026, marking a critical juncture in its daily uptrend.

While the daily chart shows that Solana remains above all major moving averages, with prices above EMA20 at $98.79, EMA50 at $90, and EMA200 at $89.26, momentum indicators suggest that the uptrend is cooling rather than accelerating.

The MACD histogram has turned negative at -0.6, indicating a decline in momentum, while the RSI14 on the daily chart sits at 61.1, which is considered healthy but not stretched.

On the other hand, the hourly chart shows neutral-to-weak conditions, with an RSI14 of 38.78 and bearish MACD readings across the board.