Crypto Price Prediction: Can the Solana Price Hit $120 by the End of September?

Solana has clawed back from summer lows and now sits one key resistance zone away from a potential surge, but a Fed rate decision, collapsing ETF inflows, and a stubborn ceiling at $110 could end the rally before it begins.

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Solana (CRYPTO:SOL) trades at $101.18 on September 15, up 34.3% over the past 30 days, but still 65.5% below its January 2025 record of $293. Reaching $120 would require an 18.6% gain before September 30, with $110 and $118.84 standing in the way. The rebound has already started to lose momentum below $105, leaving the $105 to $110 zone as the first major test, followed by $112 to $115 and then $118.84.

The downside begins with $100 support, followed by $97.50 and the 20-day EMA at $94.40. The 50-day and 200-day EMAs are at $85.79 and $90.37, while RSI at 52.6, Stochastic at 79, and a slightly positive MACD point to some upward momentum without confirming a breakout. With ETF inflows dropping sharply and the Federal Reserve decision due September 16, SOL needs fresh demand to push through those resistance levels before month-end.