Solana Price Analysis of March 14, 2025: SOL Bulls Tested $128 Resistance, Is a Breakout Ahead?

Are you tracking SOL price today and wondering what’s next? The latest Solana price analysis shows significant market movements, with SOL fluctuating within a defined range. Over the past 24 hours, the price has experienced an upward channel, a breakout attempt, and renewed selling pressure. Bulls are attempting to sustain momentum, but bears remain active, keeping Solana price prediction uncertain. As traders focus on key resistance and support levels, the next move could determine whether SOL breaks higher or faces another pullback. Let’s dive into the current market trends shaping Solana’s trajectory.

SOL Faces Rejection at $128.03 and Finds Support at $121.11 After Sharp Drop

The trading day of March 13th started with selling pressure, as a death cross on the MACD line triggered a downward trend. Another death cross at 2:35 UTC intensified the decline, leading to bearish momentum. However, a reversal emerged at 6:00 UTC when a golden cross appeared, signaling an upward trend. The RSI indicator showed overbought conditions from 9:15 UTC to 10:00 UTC, with resistance forming at $128.03. At 10:20 UTC, a death cross initiated a downward channel, pushing the price lower. The price attempted to break through resistance at 12:30 UTC, reaching $128.76, but was rejected. 

Chart 1, Analyzed by ShwetaCW, published on TradingView, March 14, 2025

Based on Solana price analysis, another death cross at 12:45 UTC continued the downtrend. By 17:45 UTC, the RSI indicated oversold, and the price found support at $121.11. A golden cross at 18:00 UTC suggested a potential recovery, but selling pressure resumed with a death cross at 19:45 UTC, leading to another downward attempt at the support level. However, the price failed to break below support and bounced back. The day ended on a bullish note, with a golden cross at 21:35 UTC initiating an upward channel. Overbought RSI signals at 22:55 UTC and 23:05 UTC further pushed the price upward.

Solana Price Struggles to Break Out, Stays Between Key Levels on March 14

The trading day of March 14th opened with a slight downward move due to the previous day’s death cross at 23:10 UTC. However, a golden cross soon appeared, extending the prior upward channel and pushing the price higher. This momentum continued until a death cross at 2:35 UTC initiated a downward trend. The price fluctuated moderately, staying within its key resistance and support levels.

Solana Market Prediction: Will Hold Support or Push Higher?

The latest Solana price analysis shows that SOL price today has experienced multiple fluctuations, including downward and upward channels, a breakout attempt, and a downward trend. If bearish momentum persists, the price could break the $121.11 support level, potentially leading to further losses. However, if buying pressure increases, SOL may break the $128.03 resistance, with the possibility of reaching $130 or higher. Traders are closely watching these key levels as market sentiment shifts. Stay tuned for further Solana price prediction updates as the trend unfolds.

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