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SOL

Solana SOL Is Crashing: End Of Memes Era!Hello, Skyrexians! Recently when the BINANCE:SOLUSDT price was at $250 we warned you that it is going to reach $165 and after that we will see what will happen. Today we can see that price broke down this level and continue crashing. This is the bear market start for Solana, we have a proofs that it's enough for meme king. Let's take a look at the weekly time frame. Here we can see the clear Elliott waves structure consists of 5 waves. Wave 2 hit exactly 0.61 Fibonacci, wave 4 - 0.38, like a textbook. At the very top we can see the bearish divergence on the Awesome Oscillator. This divergence is confirmed and tells us that wave 5 has been finished, we told you about it before Feb 3 dump. The biggest bear market confirmation is the breakdown of support green area on Fractal Trend Detector , moreover the bars are red and it means that global bearish phase is in progress. Now we are struggling to point out any targets, expecting some bounce and the continuation of the dump below $100. Best regards, Skyrexio Team ___________________________________________________________ Please, boost this article and subscribe our page if you like analysis!
Short
by Skyrexio
SOLUSD Megaphone bottomed. $205 min and $340 max Targets.Solana (SOLUSD) has been trading within a Megaphone pattern, which technically had the price bottomed on its Lower Lows 3 days ago. That bottom was also a 1D RSI oversold barrier (30.00) test, which is exactly where the December 22 2024 Low was priced. Being below both the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line), the natural short-term Target is again the 1D MA50 at $205.00, similar to the January 03 test. On the longer term, if SOL makes a 1W candle closing above the 1D MA50, we can resume buying and target the top (Higher Highs trend-line) of the Megaphone at $340, which is where the 1.236 Fibonacci extension is, exactly where the January 19 High was priced. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SOLUSDLong
by TradingShot
3
$SOL RSI Fully Reset! Could Very Well Have Seen the BottomI’ve been waiting a few days before posting an update on CRYPTOCAP:SOL to see if it forms a cluster that mimics the fractal before the Trump Pump. So far it has been playing out perfectly. I still think we might have a wick at the very least to retest $155, but it does not necessarily have to happen as we’ve already have some confirmed price action in that region. Main target is reclaiming the DMA9 and then prior Trend. The RSI has FULLY RESET, so we could very well have seen the bottom here.
CRYPTO:SOLUSDLong
by jonnieking
6
Drop to $160?Solana’s teetering on the 4H at $172.24, rebounding from $165 in early February after a brutal drop from $250 in January. I’m bullish, SOL’s market cap (~$85B) and 162% YTD growth make it the next crypto king, powered by DeFi, NFTs, and meme coins like $WIF/$BONK. But can it reclaim its glory, or is this another bear trap? Technically, we’re consolidating in a tight range near $165-$170, forming a bullish flag or triangle, breakout potential to $250 if we flip $180-$182 (50 EMA). RSI’s at ~55 and rising, showing buyers gaining steam, while volume’s spiked since mid-Feb, hinting at accumulation. The 50/200 EMAs tell a rollercoaster story: Golden Cross at $200 (Jan 18) hinted at a pump but got crushed, Death Cross at $220 (Feb 4) triggered the dump, and now they’re diverging (50 EMA at $182, 200 EMA at $209), watch for a new Golden Cross above $200 if price holds. Trump’s pro-crypto push and Solana’s ETF rumors could blast us to $300, but bears argue $160’s the floor if $165 cracks. I’ve seen similar patterns in 2021 lead to 35%+ pumps, history repeating? What’s your take? SOL to $250 by March or back to $160, where’s the real target? Is Solana the next BTC/ETH, or just meme coin hype from $WIF/ SEED_DONKEYDAN_MARKET_CAP:BONK ? EMA divergence now, Golden Cross ahead, or death spiral? Bullish or bearish? Trump’s policies + ETF buzz, pump to $300, or noise leading to a crash? Drop your targets, indicators, or contrarian views. I’ll reply to every comment and debate!
by MonoCoinSignal
SOLUSD: Libra crash is a buy in disguiseSolana is suffering heavy losses these past few days due to the prevailing news regarding Libra and has turned oversold on its 1D technical outlook (RSI = 30.523, MACD = -8.449, ADX = 53.479). Since the long term pattern is a Channel Up and the price is headed for its bottom, while the 1D RSI is at 30.000, which has been a buy signal for over 1 year, this is technically a buy opporutnity in disguise. The similar buy signal of June 23rd targeted the R1 level at the top of the corrective Channel. Go long, TP = 260.00. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:SOLUSDLong
by InvestingScope
NothingThis is the result of trusting certain politicians !! Following the crowd isn't always the right move! It might seem bold, but if you take a look at the market, you'll see that even professional analysts have made mistakes multiple times. Still, when the big names on Wall Street say something, everyone listens because it's much easier to rely on an expert's words than to think and make decisions on your own. If you want to rely solely on yourself, well, your success is yours, but if you fail, you can't blame anyone but yourself. People naturally like to follow others, often without even realizing it. That's why many traders use mechanical trading systems to take decision-making out of their own hands and avoid hesitation. If you like support me...
Long
by CobraVanguard
$SOL: warning!**🚨 CRYPTOCAP:SOL Analysis: Major Unlock & Market Impact 🚨** 📅 **March 1st Unlock:** Approximately 11.16 million SOL tokens (~$2 billion) are set to be released into the market. 🔗 Source: (www.eblockmedia.com) ### **What’s Happening with CRYPTOCAP:SOL ?** After the $TRUMP pump, Solana faced a significant pullback, which was expected after such hype. However, a more concerning effect of the meme craze is the liquidity drain from the Solana ecosystem. 🔻 **Liquidity Issues:** - Rug pulls often result in selling SOL for cash, CRYPTOCAP:USDT , or even $CRYPTOCAP:BTC. - Exchanges like Raydium and Meteora made huge profits from fees in SOL and typically "sell to cash out". This has led to a liquidity squeeze, causing a prolonged consolidation. 📉 **Technical Outlook:** - Daily timeframe: Consolidation appears to be ending, and MACD is about to cross bullish, signaling a short-term relief for 1-2 weeks. - Weekly timeframe: The bearish divergence remains strong and still needs to play out. - A double top bearish pattern is identified, likely to push the price down. ⚠️ **March 1st Unlock - The Biggest Bearish Factor** While 11M SOL represents only 2% of circulating supply, it comes at a bad time, adding selling pressure just as the ecosystem struggles with bearish sentiment. ### **Price Outlook:** 🛑 Short-term impact: Likely downside pressure. ✅ Long-term: Solana remains a solid and popular blockchain—it will recover. **📉 Price Targets:** - $160 or lower seems likely. - Worst-case scenario: $120 , which is a major support level. 💡 Potential Buy Opportunity for long-term holders! **DYOR!**
Short
by CryptoNikkoid
7