$SOL Price Prediction: Back to $194 in November? - BeinCrypto Analytics

Currently, SOL’s ADX stands at 12.3, indicating weak trend strength according to the DMI chart. This suggests limited momentum in either direction, and traders should expect minimal price movement unless a stronger trend emerges soon.

On a positive note, SOL’s EMA lines remain bullish, with short-term EMAs positioned above the long-term ones. However, the short-term EMAs are showing signs of a slight downward movement. If this continues and they cross below the long-term EMAs, a “death cross” could form, signaling a potential bearish downtrend.

In the event of a downtrend, SOL could find support at $165 and $158.9, potentially leading to a 9% correction. On the other hand, if bullish momentum picks up, SOL may test resistance at $182. Breaking above this level could push SOL to $194, a 10.8% gain.