Solana Price Analysis of March 13, 2025: Bulls Eye to Break $131.33, But Can It Happen Today?

Are you keeping an eye on the SOL price today? The latest Solana price analysis shows ongoing volatility, with SOL moving in an upward channel, attempting to break resistance while facing the risks of a downturn. Bulls are aiming for higher levels, but bearish signals hint at a possible decline. As market conditions remain uncertain, the Solana price prediction focuses on key support and resistance zones that could dictate the next trend. Will SOL maintain its momentum, or is a reversal on the way? Let’s dive into the latest market movement to see what lies ahead.

Solana Hits $131.33 Before Reversing into a Downtrend

The trading day of March 12th began with bullish momentum as a golden cross on the MACD line signaled an upward trend. However, at 2:05 UTC, a death cross triggered selling pressure, pushing SOL into a downward trend within its trading range. Oversold conditions on the RSI at 3:55 UTC and 4:40 UTC helped the price find support at $121.22. A golden cross at 4:40 UTC fueled a rebound, leading to moderate price fluctuations. At 9:15 UTC, a death cross caused a minor pullback, keeping SOL in a trading range. 

Chart 1, Analyzed by ShwetaCW, published on TradingView, March 13, 2025

Based on Solana price analysis, a golden cross at 10:55 UTC then sparked an upward channel, leading to stronger buying pressure. The price surged further. The RSI overbought at 11:55 UTC, which led to resistance at $131.33. At 13:10 UTC, a death cross reversed the momentum, leading to a downward trend with selling pressure. However, at 15:35 UTC, a golden cross reignited a bullish move, forming an upward channel with higher highs, which continued into the next trading session.

Solana Faces Mixed Signals on March 12

The trading day of March 13th began with an upward channel continuing from the previous session. A death cross at 00:10 UTC signaled a minor pullback, but the upward channel continued. At 2:35 UTC, another death cross on the MACD initiated a downward trend. The price moved downward until 6:05 UTC, when a golden cross showed, indicating a potential upward move. With the market showing mixed signals, traders are closely watching whether Solana will sustain its recovery or face another decline in the coming hours. The next move will determine SOL’s short-term direction.

Solana Price Prediction: Will See A Breakout Or Reversal Ahead?

The Solana price analysis indicates mixed momentum, with fluctuations between upward and downward trends. In the past 24 hours, the SOL price today attempted to sustain an upward channel but faced resistance at $131.33. If the bullish move continues, SOL could break this key resistance and push toward higher levels. However, if selling pressure increases, the price may lose its upward momentum and test the support at $121.22. Traders should monitor whether the upward channel holds or if a breakdown occurs. The next move will determine the Solana price prediction for the short term.

The post Solana Price Analysis of March 13, 2025: Bulls Eye to Break $131.33, But Can It Happen Today? appeared first on Coinfomania.