Solana Price Prediction Hinges on Holding Above $103.35

Solana's price prediction for September 9 remains bullish as long as it holds above $103.35, a level that could flip the Supertrend indicator back to a buy signal and keep $109 within reach.

However, if Solana falls below $98.76, it risks sliding back towards $89.98, where the Supertrend support and 50-day EMA converge.

The price remains above all four EMAs, with the 20-day at $98.76, the 50-day at $89.96, the 100-day at $85.73, and the 200-day at $91.21 intact.

Solana's official transaction capacity upgrade, Transaction v1, went live today, raising the maximum transaction size from 1,232 bytes to 4,096 bytes.