Solana's price has dropped to its weekly lower Bollinger Band near $67, signaling strong selling pressure and a potential oversold condition. Analysts highlight a critical support zone between $58 and $67, which could trigger a rebound if held. One analyst predicts a possible recovery toward $120-$175 later this year if Solana stabilizes above this range, while a break below $58 could lead to further declines. Trading volume has increased during the sell-off, emphasizing the importance of this support level for Solana's near-term trend.
Solana's price fell to a multi-year low around $69.97, down over 6.8% in 24 hours and 18.3% monthly, following a broad crypto sell-off triggered by Bitcoin dropping toward $61,300. This led to $1.6 billion in leveraged liquidations, pushing Solana be...
Crypto markets experienced $1.2 billion in liquidations over 24 hours, driven mainly by Bitcoin and Ethereum long positions being squeezed amid high volatility. Bitcoin liquidations totaled about $778 million, Ethereum $400 million, with altcoins lik...
Solana's price recently dropped sharply, moving into the lower Bollinger Band near $67, signaling strong selling pressure and oversold conditions. Analysts identified a key support range between $58 and $67, suggesting the price may retest this zone ...
Solana (SOL) dropped to its lowest price since December 2023, falling toward $68 after over $88 million in long positions were liquidated in a single day. The selloff reflects weakening demand, as active addresses and social interest have steadily de...
Solana's price fell sharply below the $70 support level to $66, marking its lowest point since December 2023. This drop triggered widespread panic selling across both spot and futures markets, with significant liquidations totaling $83 million, mostl...
