SOL Price Prediction: Solana Eyes $95-100 Recovery as RSI Shows Oversold Bounce Signal

Caroline Bishop Feb 09, 2026 05:27

Solana trades at $87.04 with oversold RSI at 29.61 signaling potential bounce. Technical analysis points to $95-100 targets within 2 weeks if key resistance breaks.

SOL Price Prediction Summary

• Short-term target (1 week): $92-95 • Medium-term forecast (1 month): $88-105 range
• Bullish breakout level: $90.62 • Critical support: $83.96

What Crypto Analysts Are Saying About Solana

While specific analyst predictions from major crypto Twitter influencers are limited in the past 24 hours, recent forecasts from early January 2026 provide valuable context for current SOL price prediction models.

According to recent analyses, Rebeca Moen highlighted Solana's potential upside with targets around $150, noting "key resistance at $142 could unlock 8% upside potential within weeks." However, with SOL currently trading significantly below these levels at $87.04, the market has clearly shifted.

Darius Baruo's previous forecast suggested SOL could reach $162 within weeks, though he acknowledged analyst forecasts ranging "from bearish $30-40 to optimistic $184 levels," highlighting the current market uncertainty.

The CMC AI Forecast projected maximum trading values around $146.76 for January 2026, but current price action suggests these bullish scenarios may need recalibration given the oversold conditions.

SOL Technical Analysis Breakdown

Solana's current technical picture presents a mixed but potentially constructive setup for near-term recovery. Trading at $87.04, SOL sits well below all major moving averages, indicating the broader trend remains bearish.

• RSI (14): 29.61 - Deeply oversold territory suggests potential bounce
• MACD: -12.29 - Bearish momentum but histogram at zero indicates possible stabilization
• Bollinger Bands: SOL trading near lower band ($74.30) with %B at 0.19

The oversold RSI reading of 29.61 represents the most compelling bullish signal in the current setup. Historically, SOL has shown strong bounce tendencies when RSI drops below 30, making this a critical level to monitor.

• Price sits 47% below the 200-day SMA ($166.25)
• Immediate resistance cluster between $88.83-$90.62
• Support structure holds above $83.96

Solana Price Targets: Bull vs Bear Case

Bullish Scenario

A bullish SOL price prediction scenario unfolds if Solana can break above the immediate resistance at $90.62. This level represents the confluence of recent highs and technical resistance that has capped recovery attempts.

• RSI bounce from oversold levels (29.61)
• Reclaim of $90.62 resistance

• Volume expansion above current $249M daily average

• First resistance: $95 (psychological level)

• Secondary target: $100-105 (approaching EMA 12)

Bearish Scenario

The bearish case for this Solana forecast centers on failure to hold current support structures. With all major moving averages showing bearish alignment, any breakdown below $83.96 could accelerate selling.

• Break below critical support at $83.96
• MACD remaining in negative territory

• Broader crypto market weakness

• Initial support: $80 (psychological level)

• Extended target: $75-77 (near Bollinger lower band)

Should You Buy SOL? Entry Strategy

Current oversold conditions present a tactical opportunity for SOL price prediction traders, though risk management remains paramount.

• Conservative entry: Wait for break above $90.62 with volume confirmation
• Aggressive entry: Current levels ($87-88) with tight stops below $83.96

• Dollar-cost averaging: Scale in between $83-90 range

• Aggressive traders: $82.50 (below major support)

• Conservative approach: $79.00 (swing low protection)

Position sizing: Given high volatility (ATR: $9.59), limit exposure to 1-2% of portfolio maximum.

Conclusion

This SOL price prediction suggests a cautiously optimistic near-term outlook based on oversold technical conditions. While the broader trend remains bearish with SOL trading well below major moving averages, the RSI reading of 29.61 provides the strongest signal for potential bounce toward $92-95 targets.

The key catalyst will be SOL's ability to reclaim resistance at $90.62, which could open the path to $100+ recovery levels. However, failure to hold support at $83.96 would likely extend the correction toward $75-80.

Confidence Level: Medium - Technical setup favors bounce but broader trend remains challenging.

This Solana forecast is for educational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making investment decisions.

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