{"id":41660,"date":"2026-08-05T05:48:34","date_gmt":"2026-08-05T05:48:34","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=41660"},"modified":"2026-08-05T05:51:07","modified_gmt":"2026-08-05T05:51:07","slug":"sol-technical-analysis-report-5th-august-2026","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/sol-technical-analysis-report-5th-august-2026","title":{"rendered":"SOL Technical Analysis Report &#8211; 5th August 2026"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 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\" style=\"cursor:inherit\">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\/in\/blog\/sol-technical-analysis-report-5th-august-2026\/#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\/in\/blog\/sol-technical-analysis-report-5th-august-2026\/#Support_and_Resistance_Levels\" >Support and Resistance Levels<\/a><\/li><\/ul><\/nav><\/div>\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/zebpay.com\/in\/buy-solana\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>SOL<\/strong><\/a> has a market cap of $42.87 billion, as of today, while the total crypto market cap stands at $2.19 trillion:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Doom co-designer Sandy Petersen promotes Solana memecoin and play-to-earn game.<\/li>\n\n\n\n<li>Solana has captured 78% of the trading volume in pre-IPO OpenAI and Anthropic tokens.<\/li>\n\n\n\n<li>BlackRock launches a tokenized stablecoin reserve vehicle on Solana.<\/li>\n\n\n\n<li>Solana is set to release Agave 4.2 on mainnet, bringing a 90% rent reduction, 4,096-byte transactions, and 200ms slot times.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">On the daily chart, Solana is currently trading around $73.82. Over the past two weeks, the market has remained in a very tight range, awaiting a fresh catalyst to drive stronger participation. Although the broader crypto market witnessed positive momentum earlier this week, buying strength has weakened due to subdued market activity. SOL is currently holding key support near the $73 level. Overall, the market structure remains neutral to bearish, and traders should remain cautious until a decisive breakout or breakdown confirms the next directional move.<\/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<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"562\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/08\/SOL-12-1024x562.png\" alt=\"\" class=\"wp-image-41663\" style=\"width:1120px;height:auto\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/08\/SOL-12-1024x562.png 1024w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/08\/SOL-12-300x165.png 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/08\/SOL-12-768x422.png 768w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/08\/SOL-12-150x82.png 150w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/08\/SOL-12.png 1488w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">On the daily chart, SOL is trading below its 14-period and 21-period Simple Moving Averages at $75.24 and $74.83, respectively, and may face resistance in the near term. On the daily chart, the RSI is at 46.17 and is gradually moving toward the 50 level, suggesting that bearish momentum is weakening, although the overall trend remains cautious. The Stochastic Oscillator is at 44.51, indicating that SOL is recovering from the oversold zone and could witness a short-term relief rally if buying interest continues to improve. Overall, market sentiment remains mixed, with the $78 level acting as a key resistance. A sustained move above this level could strengthen bullish momentum, while failure to break it may keep SOL trading within its current range.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read: <a href=\"https:\/\/zebpay.com\/in\/blog\/ethereum-turns-11-a-decade-plus-of-innovation\" target=\"_blank\" rel=\"noreferrer noopener\">Ethereum Turns 11: Celebrating a Decade-Plus of Innovation<\/a><\/strong><\/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><span style=\"text-decoration: underline;\">Support 2<\/span><\/strong><\/td><td><strong><span style=\"text-decoration: underline;\">Support 1<\/span><\/strong><\/td><td><strong><span style=\"text-decoration: underline;\">Asset (Price)<\/span><\/strong><\/td><td><strong><span style=\"text-decoration: underline;\">Resistance 1<\/span><\/strong><\/td><td><strong><span style=\"text-decoration: underline;\">Resistance 2<\/span><\/strong><\/td><\/tr><tr><td>$69.85<\/td><td>$66.55<\/td><td><strong>SOL ($73.82)<\/strong><\/td><td>$77.20<\/td><td>$81.35<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Above $81.35, there\u2019s a possibility of hitting the $85.80 levels.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the grand scheme of things, <a href=\"https:\/\/zebpay.com\/in\/blog\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ZebPay blogs<\/strong><\/a> are here to provide you with crypto wisdom. Get started today and join 6 million+ registered users to explore endless features on <a href=\"https:\/\/zebpay.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ZebPay<\/strong><\/a>!<\/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 has-white-color has-vivid-cyan-blue-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/onboarding.zebpay.com\/onboarding?returnUrl=https%3A%2F%2Fzebpay.com%2Fapp\" target=\"_blank\" rel=\"noreferrer noopener\">TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SOL has a market cap of $42.87 billion, as of today, while the total crypto market cap stands at $2.19 trillion: On the daily chart, Solana is currently trading around $73.82. Over the past two weeks, the market has remained in a very tight range, awaiting a fresh catalyst to drive stronger participation. Although the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40873,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"_ayudawp_aiss_exclude_summary":false,"_ayudawp_aiss_summary":"","_ayudawp_aiss_summary_provider":"","_ayudawp_aiss_summary_hash":"","footnotes":""},"categories":[26],"tags":[79,16,336,290],"class_list":["post-41660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-blockchain","tag-crypto","tag-sol","tag-solana"],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/41660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=41660"}],"version-history":[{"count":2,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/41660\/revisions"}],"predecessor-version":[{"id":41664,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/41660\/revisions\/41664"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/40873"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=41660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=41660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=41660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}