Solana’s Onchain Data Signals Bullish Rebound Despite Drop Below $130
22 Articles
22 Articles
While the crypto market is going through a phase of decline, Solana (SOL) is picking up under the $130, sowing doubt among investors. However, behind this sudden fall, the on-chain data draw a very different scenario. Whales to buy, offers free fall on trades, network activity is booming: the fundamentals remain solid. A significant divergence between price and reality of the network, which could beat the cards faster than one imagines. The arti…
Solana Approaches Critical $120 Support as Technical Structure Faces Decisive Inflection Point
TLDR: Solana tests the $120-$127 zone, where the ascending trendline from the 2023 lows meets horizontal support. Token broke $136 support with a bearish engulfing candle after months in $130-$145 trading range. Solana DEX maintains $8.43 billion TVL despite price weakness, showing that network strength persists. A hold above $120 could target a $180-$200 recovery; a breakdown risks a deeper drop toward the $75 level. Solana has dropped below…
Solana Price Prediction as Staking Ratio Jumps to 70%
Key Insights Solana price has pulled back in the past few days, moving to its lowest level since January 3. The SOL staking ratio has jumped to a high of 70% as demand rises. Technical analysis suggests that a rebound is possible as it has formed a cup-and-handle pattern. Solana price continued its strong downtrend today, January 20th, reaching its lowest level since January 2nd. SOL fell to a low of $129, down over 13% from its highest this mo…
Solana Price Loses Major Volume Support as Capitulation Risk Builds Toward $117
Solana price broke below major volume support at the Point of Control, triggering bearish momentum and increasing capitulation risk toward $117 if the value area low fails to hold.
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