Solana Wave Analysis - 26 October 2026

Date: October 26, 2026

Analysis by: The FxPro Tech Analysis Team

Market Overview

As of October 26, 2026, Solana has shown a positive reversal from a significant support level, indicating potential bullish momentum in the near term.

Key Technical Levels

• Support Level: 98.35
• Resistance Level: 108.25

Analysis Summary

Solana cryptocurrency has recently reversed upwards from the key support zone at 98.35. This level has historically been pivotal, having halted price declines since the end of August. It has previously stopped wave A at the start of September, wave (4) in mid-September, and wave (A) earlier this month. The support zone also aligns with the lower daily Bollinger Band and the 50% Fibonacci correction of the upward impulse that began in early August.

The upward movement from this support zone has completed the short-term impulse wave 1 and initiated the active correction 2 of the C-wave of the intermediate ABC correction 4 that has been ongoing since the end of September.

Future Expectations

Given the robustness of the support level at 98.35 and the presence of a bullish divergence on the daily Stochastic oscillator, it is anticipated that Solana will continue to rise towards the next resistance level at 108.25. This level previously halted wave (B) earlier this month, making it a critical target for traders.

Conclusion

Traders and investors should monitor Solana closely as it approaches the resistance level of 108.25, while the support at 98.35 remains a crucial point for potential price reversals.