{"id":27015,"date":"2026-05-20T12:44:48","date_gmt":"2026-05-20T12:44:48","guid":{"rendered":"https:\/\/zebpay.com\/au\/?p=27015"},"modified":"2026-05-20T12:44:50","modified_gmt":"2026-05-20T12:44:50","slug":"technical-analysis-report-sol","status":"publish","type":"post","link":"https:\/\/zebpay.com\/au\/blog\/technical-analysis-report-sol","title":{"rendered":"Technical Analysis Report \u2013 SOL"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/au\/blog\/technical-analysis-report-sol\/#Technical_Chart_of_SOL\" title=\"Technical Chart of SOL\">Technical Chart of SOL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/au\/blog\/technical-analysis-report-sol\/#Support_and_resistance_levels\" title=\"Support and resistance levels:\">Support and resistance levels:<\/a><\/li><\/ul><\/nav><\/div>\n\n<p><strong>SOL:<\/strong> Solana is a highly functional open-source project that banks on blockchain technology\u2019s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.<\/p>\n\n\n\n<p>The Solana protocol is designed to facilitate decentralized app (DApp) creation. It aims to improve scalability by introducing a proof-of-history (PoH) consensus combined with the underlying proof-of-stake (PoS) consensus of the blockchain.<\/p>\n\n\n\n<p>SOL has a Market Cap of $49.10Bn as of the date, and Crypto Market Cap is at $2.57T.<\/p>\n\n\n\n<p>On the daily chart, SOL is currently trading around $84.78 after correcting sharply from the $250+ zone over the past year. Following an extended consolidation phase, the price is now showing signs of strength near the bottoming region, indicating a potential bullish reversal. If momentum sustains, SOL could soon reclaim triple-digit territory in the coming sessions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technical_Chart_of_SOL\"><\/span><strong>Technical Chart of SOL<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"has-text-align-center\"><img decoding=\"async\" width=\"700\" height=\"388\" class=\"wp-image-27016\" style=\"width: 700px;\" src=\"https:\/\/zebpay.com\/au\/wp-content\/uploads\/2026\/05\/SOL.png\" alt=\"Technical Analysis of SOL \" srcset=\"https:\/\/zebpay.com\/au\/wp-content\/uploads\/2026\/05\/SOL.png 1181w, https:\/\/zebpay.com\/au\/wp-content\/uploads\/2026\/05\/SOL-300x166.png 300w, https:\/\/zebpay.com\/au\/wp-content\/uploads\/2026\/05\/SOL-1024x567.png 1024w, https:\/\/zebpay.com\/au\/wp-content\/uploads\/2026\/05\/SOL-768x425.png 768w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n\n\n\n<p><em>Image Source: TradingView<\/em><\/p>\n\n\n\n<p>On Daily Chart, SOL price is trading below its Simple Moving Average (14 &amp; 21 periods) levels of $87.707 &amp; $87.503 and will act as a small resistance in the coming sessions.<\/p>\n\n\n\n<p>On the Daily Chart, the Relative Strength Index (RSI) is at 42.84, and Stochastic is at 1.72, indicating an oversold zone and RSI shifting to the positive zone and potential positive trend.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Support_and_resistance_levels\"><\/span><strong>Support and resistance levels:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Name<\/strong><\/td><td><strong>Price<\/strong><\/td><td><strong>Support 1<\/strong><\/td><td><strong>Support 2<\/strong><\/td><td><strong>Resistance 1<\/strong><\/td><td><strong>Resistance 2<\/strong><\/td><\/tr><tr><td>SOL<\/td><td>84.78<\/td><td>75.20<\/td><td>67.84<\/td><td>99.32<\/td><td>116.84<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Above $116.84 possibility of hitting the $132 levels.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/onboarding.zebpay.com\/onboarding?returnUrl=https%3A%2F%2Fzebpay.com%2Fapp\">Trade Now<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SOL: Solana is a highly functional open-source project that banks on blockchain technology\u2019s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland. The Solana protocol is designed to [&hellip;]<\/p>\n","protected":false},"author":38,"featured_media":27017,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[26],"tags":[312,282,438],"class_list":["post-27015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-sol","tag-solana","tag-technical-analysis"],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts\/27015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/comments?post=27015"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts\/27015\/revisions"}],"predecessor-version":[{"id":27019,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/posts\/27015\/revisions\/27019"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/media\/27017"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/media?parent=27015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/categories?post=27015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/au\/wp-json\/wp\/v2\/tags?post=27015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}