SOL Price Prediction: Targets $131-135 by February Amid Technical Recovery
Jessie A Ellis Jan 22, 2026 15:12
Solana shows potential for 5-10% gains targeting $131-135 resistance zone, but faces bearish momentum with RSI at 41.70 and price near Bollinger Band support at $126. SOL Price Prediction Summary...
Solana shows potential for 5-10% gains targeting $131-135 resistance zone, but faces bearish momentum with RSI at 41.70 and price near Bollinger Band support at $126.
SOL Price Prediction Summary
• Short-term target (1 week): $131-133
• Medium-term forecast (1 month): $127-135 range
• Bullish breakout level: $135.39
• Critical support: $121.57
What Crypto Analysts Are Saying About Solana
While specific analyst predictions are limited from recent crypto Twitter activity, established forecasting platforms remain optimistic about SOL's near-term trajectory. According to DigitalCoinPrice's latest analysis from January 9, Solana's price is forecasted to reach $127.67 on January 23, 2026, suggesting modest upward momentum from current levels.
Changelly's recent forecast indicates a more bullish outlook, projecting SOL's maximum trading value around $131.42 for January 2026, with support holding above $127.84. This aligns with current technical resistance levels identified in our analysis.
The upcoming Alpenglow upgrade scheduled for Q1 2026 represents a significant catalyst for Solana's price action. According to CoinMarketCap's analysis, this upgrade aims to slash transaction finality from 12 seconds to 150 milliseconds, potentially providing fundamental support for higher SOL valuations.
SOL Technical Analysis Breakdown
Solana's current price of $128.02 reflects a 1.62% decline over the past 24 hours, with the token trading within a range of $125.26 to $132.17. The technical picture presents mixed signals that require careful interpretation for accurate price prediction.
The RSI reading of 41.70 indicates SOL remains in neutral territory, avoiding both overbought and oversold extremes. This positioning suggests room for movement in either direction, though the slight bearish bias below the 50 midpoint warrants attention.
MACD analysis reveals concerning momentum patterns, with the MACD histogram at precisely 0.0000, indicating stalled momentum and potential directional uncertainty. The MACD line at -0.1283 matches the signal line, suggesting SOL price prediction models should account for potential sideways consolidation before clear directional moves emerge.
Bollinger Bands analysis shows SOL trading near the lower band support at $126.28, with a %B position of 0.0778. This positioning indicates the token is approaching oversold conditions within its recent trading range, potentially setting up a bounce toward the middle band at $137.49.
Moving averages paint a more complex picture for this Solana forecast. While SOL trades below shorter-term averages (SMA 7: $134.75, SMA 20: $137.49), it remains close to the SMA 50 at $132.00, suggesting consolidation rather than strong trending behavior.
Solana Price Targets: Bull vs Bear Case
Bullish Scenario
The bullish case for SOL price prediction centers on a recovery toward immediate resistance at $131.71, followed by a test of strong resistance at $135.39. A successful break above $135.39 could trigger momentum toward the middle Bollinger Band at $137.49.
Key technical confirmation for this Solana forecast would include RSI breaking back above 50, MACD histogram turning positive, and sustained volume above the recent 24-hour average of $343 million. The upcoming Alpenglow upgrade provides fundamental support for this upside scenario.
Target progression in the bullish case: $131.71 → $135.39 → $137.49, representing potential gains of 3-7% from current levels.
Bearish Scenario
The bearish case acknowledges SOL's position near Bollinger Band support and the negative MACD momentum. A break below immediate support at $124.80 could accelerate selling toward strong support at $121.57.
Risk factors include broader crypto market weakness, any delays in the Alpenglow upgrade timeline, or failure to maintain above the critical $121.57 support level. A break below this level could target the next major support zone around $115-118.
Downside targets in the bear case: $124.80 → $121.57 → $115-118, representing potential declines of 2-8% from current levels.
Should You Buy SOL? Entry Strategy
For traders considering SOL positions, the current technical setup offers defined risk parameters. Conservative entry points exist around $126-128, near current levels and Bollinger Band support.
More aggressive buyers might wait for a break above $131.71 with volume confirmation before establishing positions targeting the $135-137 resistance zone. This approach reduces downside risk but requires patience for proper setup confirmation.
Stop-loss placement below $121.57 provides logical risk management, representing roughly 5% downside from current entry levels. Position sizing should account for SOL's daily ATR of $5.93, indicating normal volatility ranges of approximately 4.6% daily.
Risk management remains crucial given the mixed technical signals. Consider scaling into positions rather than full allocation, allowing for additional purchases if SOL approaches stronger support levels.
Conclusion
This SOL price prediction suggests a cautiously optimistic outlook for the next 2-4 weeks, with targets of $131-135 representing realistic upside potential. The technical analysis indicates Solana is approaching oversold conditions that could support a bounce, while the upcoming Alpenglow upgrade provides fundamental catalysts.
However, the bearish MACD momentum and position below key moving averages suggest this Solana forecast should be approached with appropriate risk management. The probability of reaching $131-135 targets appears moderate at 60-65%, contingent on broader market conditions and successful defense of $121.57 support.
Disclaimer: This SOL price prediction is for educational purposes only and does not constitute financial advice. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance before making investment decisions.
Image source: Shutterstock