Solana Eyes Big Rally as Bullish Signal Reappears
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A bullish signal from Solana’s MACD indicator hinted at a potential rally, though resistance at $90 could delay the recovery.
Solana’s (SOL) MACD indicator sent a “buy” signal on its weekly chart, an occurrence that has historically preceded parabolic rallies.
Solana’s MACD indicator sent a “buy” signal that has led to a 100%-860% SOL price rallies in the past.
Solana’s price chart’s symmetrical triangle targets $130.
Solana’s MACD signals a “powerful move” in SOL price
Solana’s weekly chart showed that the moving average convergence divergence (MACD) indicator flashed a bullish signal when the MACD line (blue) crossed above the signal line (orange).
The MACD is a popular momentum indicator used in technical analysis that helps traders identify the strength, direction, and duration of a trend in an asset’s price.
The last time the indicator sent the “buy” signal was in May 2025, preceding a 100% rally above $250 reached on Sept. 18, 2025, from just around $125. The SOL/USD gains were 860% in 2023 and 617% in 2021.
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