Solana Price Prediction: SOL Breaks Three-Month Fib Resistance With MACD Turning Bullish
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Solana traded at $95.26 on May 13 after spot ETFs pulled $19.07M on May 12, pushing cumulative ETF inflows to $1.10B and with Bitwise’s BSOL crossing $899M in total net flows. Technicals turned constructive as the daily MACD printed its first bullish cross since January, price cleared the 0.382 Fibonacci at $90.42 and is pressing the 0.5 Fib at $97.54 while spot netflow flipped to +$8.02M and SOL approaches the 100 EMA at $93.98, indicating ETF-driven demand could support further crypto and DeFi adoption if key resistance is broken.
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- SOL spot ETFs pulled $19.07M on May 12, pushing cumulative inflows to $1.10B as Bitwise’s BSOL alone crossed $899M in total net flows
- Daily MACD printed its first bullish cross since January with price clearing the 0.382 Fib at $90.42 and pressing the 0.5 Fib at $97.54
- Spot netflow turned positive at $8.02M on May 13, a shift worth watching as SOL approaches the 100 EMA at $93.98
Solana trades at $95.26 on May 13, breaking above the 0.382 Fibonacci level that held as resistance for three months as spot ETF inflows accelerate and the daily MACD prints its first bullish cross since January.
SOL Daily Chart: First Fib Breakout Since the February Crash
SOL spent February through April trapped between the 0.236 Fib at $81.62 and the 0.382 at $90.42, unable to close above either with any conviction. Price broke the 0.…
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