$145.42
+ $14.44 (11.03%)
End-of-day quote: 2022-10-17
SOL/USD

Is Solana on an upswing?

No, the price is below all 3 moving averages and is therefore in a downtrend.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Solana Forecast for 2023

Let's take a deeper look at the one-year forecast since it is the most precise of the analysts' forecasts.

Analysts had a wide range of forecasts for the Solana price over the next year. The most optimistic predicted a 12-month price target of $171.52, implying an 87 percent raise, while the worst-case scenario would be $130.81.

The most recent average price target for the next year is $148.69, and it's the most crucial.

That equates to a potential gain of 2.25 percent.

SOL - Relative Strength Forecast

Solana broke through the 25 strength line from above on and then changed into a trend, which thereby generated sell signals that lasted one month.

SOL - Trend Prediction

SOL - Price Volatility Prediction

SOL - Relative Strength

SOL - Momentum Forecast

In we then see weak volatility for Solana for a longer period of time which led to negative signals for Solana.

What Does the Future Hold for Solana?

Solana's long-term prospects appear to be excellent. 5 analysts predicted that Solana would reach $155.46 by March 2025. The Solana price is expected to be $162.53 in five years, according to their five-year forecast through March 2027. By 2030, the long-term forecast is anticipated to be $173.75.