Solana Price Rally Expected to Reach $95 in Next 7 Days
Solana's price action has been displaying strong momentum without being overbought, indicating a potential breakout towards $95. The cryptocurrency is trading at $87.62 with a clean daily gain of 3.18%, positioning itself perfectly for the next leg higher.
The Bollinger Bands indicate that Solana is sitting comfortably in the upper third of its bands at 0.86 position, suggesting strong momentum without overbought conditions. The RSI holding neutral at 57.77 gives plenty of room for upward movement without triggering selloffs.
On-chain data reveals a striking 2.06 long/short ratio among top traders, with 67.4% holding long positions. This institutional bias rarely appears without inside knowledge of upcoming catalysts, suggesting that market makers are accumulating Solana rather than distributing it.




