Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the hreflang-tags-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6121
[www-stage.newsbtc.com/news/solana/solana-loses-long-term-support-level-analyst-shares-insights/]
[wp-includes/functions.php:6121 trigger_error(), wp-includes/functions.php:6061 wp_trigger_error(), wp-includes/l10n.php:1371 _doing_it_wrong(), wp-includes/l10n.php:1409 _load_textdomain_just_in_time(), wp-includes/l10n.php:195 get_translations_for_domain(), wp-includes/l10n.php:307 translate(), wp-content/plugins/hreflang-tags-for-wordpress/includes/variables.php:24 __(), wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro-main.php:45 include_once('wp-content/plugins/hreflang-tags-for-wordpress/includes/variables.php'), wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro.php:40 require_once('wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro-main.php'), wp-settings.php:545 include_once('wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro.php'), wp-config.php:53 require_once('wp-settings.php'), wp-load.php:50 require_once('wp-config.php'), wp-blog-header.php:13 require_once('wp-load.php'), index.php:17 require('wp-blog-header.php')]

Solana Loses Long-Term Support Level – Analyst Shares Insights
NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Solana Loses Long-Term Support Level – Analyst Shares Insights

Sebastian Villafuerte
Sebastian Villafuerte
3 months ago
3 mins read
Solana Loses Long-Term Support Level – Analyst Shares Insights

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

Solana is trading at its lowest levels since September 2024, with extreme fear and selling pressure dominating the market. Since breaking its all-time high in January, SOL has retraced over 55%, leaving bulls struggling to regain momentum. The broader crypto market is facing a period of uncertainty, and Solana has been one of the hardest-hit altcoins in recent weeks.

Related Reading

Litecoin Trading Activity Increases Over The Past Month – Potential LTC ETF Draws Speculation

Litecoin Trading Activity Increases Over The Past Month – Potential LTC ETF Draws Speculation

3 months ago

Bears have remained in control, consistently driving prices lower as investors lose confidence. The once-thriving meme coin speculation that fueled Solana’s rally has now turned into a major headwind, accelerating the selloff and preventing a stable recovery. Analysts believe further declines could be on the horizon, especially if SOL fails to reclaim key support levels.

Top analyst Jelle shared a technical analysis on X, noting that Solana has broken below a crucial demand level, signaling increased risk of additional downside. According to Jelle, SOL’s current price structure suggests that bears still have control, and unless a strong bounce occurs soon, lower price targets could come into play. With market sentiment at extreme lows, all eyes are on Solana to see if it can stabilize or if further declines are inevitable.

Solana As Market Turns Bearish

Solana is trading below critical demand levels that previously sustained its long-term bullish structure. Bulls have lost control, and bears continue to dominate, pushing the entire market lower. Since reaching all-time highs in January, SOL has dropped over 55%, erasing months of gains and signaling extreme fear among investors. As selling pressure intensifies, Solana has become one of the hardest-hit altcoins, with meme coins suffering the most. The speculative frenzy that once fueled Solana’s surge has now turned into a major risk, with rug pulls and liquidity issues shaking investor confidence.

Jelle’s analysis on X reveals that when he sold his SOL bags, he didn’t expect the price to drop this hard. He also notes that Solana has lost both monthly and weekly support levels, which could indicate further declines. The breakdown below these key demand zones has intensified bearish sentiment, making a recovery more difficult in the short term.

Solana lost long-term support | Source: Jelle on X
Solana lost long-term support | Source: Jelle analysis on X

The upcoming week will be crucial for Solana’s price action, as the market leans increasingly bearish. If SOL fails to reclaim lost support, it could face another wave of selling pressure, potentially pushing it into lower demand zones around the $140 mark. However, if bulls manage to regain control and push the price back above $185, it could trigger a short-term relief rally.

Related Reading

Bitcoin Faces Serious Price Compression As BB Narrow – What Happened Last Time

Bitcoin Faces Serious Price Compression – What Happened Last Time

3 months ago

With the broader market struggling and uncertainty rising, Solana’s next move will determine whether it can stabilize or continue its downward trajectory. Investors remain cautious as fear dominates sentiment, but some still believe in a potential recovery if market conditions improve. The coming days will be crucial in deciding Solana’s fate in this volatile market.

Price Struggles To Hold $140

Solana is trading at $139 after a brutal selloff that saw the price drop over 22% since Sunday. The entire crypto market has been hit with extreme selling pressure, but SOL continues to struggle more than other altcoins. Bearish momentum remains strong, and bulls are finding it difficult to establish a clear support zone.

SOL Loses Key Demand | Source: SOLUSDT chart on TradingView
SOL Loses Key Demand | Source: SOLUSDT chart on TradingView

If Solana can hold above the $140 mark, there is a chance of a short-term recovery. Bulls must step in and push the price above $150 to signal strength and prevent further downside. However, current sentiment remains weak, and any failure to reclaim lost levels could lead to further declines.

If SOL loses $140, the next significant demand zone sits around the $125–$130 range. Breaking below this level would confirm a deeper correction, potentially pushing SOL into its lowest price since August 2024. Investors are growing cautious as market volatility increases, and Solana’s price action remains uncertain.

Related Reading

Cardano Remains In Consolidation – Expert Projects A 25% Price Move

Cardano Remains In Consolidation – Expert Projects 25% Price Move

3 months ago

For now, traders are watching for signs of a potential bounce, but the risk of continued declines remains high. If the broader market doesn’t recover soon, Solana could continue to face downward pressure, testing even lower support levels in the coming days.

Featured image from Dall-E, chart from TradingView

Tweet123Share196ShareSend
Sebastian Villafuerte
Sebastian Villafuerte

Sebastian Villafuerte

Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies.

Read more

To share his insights with others, Sebastian became an active contributor to online discussions on platforms like X and LinkedIn. His focus on fintech and crypto-related topics quickly established him as a trusted voice in the online crypto community. Sebastian's goal was to educate and inform his audience about the latest trends and insights in the rapidly evolving crypto landscape.

To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance and decentralized finance. The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology.

Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K reports, or engaging in thought-provoking discussions about the future of finance.

Sebastian's journey as a crypto pioneer has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable contributor to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and helping to shape the future of this revolutionary technology.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Solana Price (SOL) Slips

Solana (SOL) Flashes Bearish Signs — Are Further Losses Ahead?

Solana started a fresh decline from the $188 zone. SOL price is now moving lower and might decline further below...

Aayush Jindal 2 days ago
Solana Bulls Watch The $190 Level – ATHs Back In Sight?

Solana Bulls Watch The $190 Level – ATHs Back In Sight?

Solana is trading at critical levels after weeks of strong price action and tight consolidation around current prices. Following an...

Sebastian Villafuerte 3 days ago
Solana

Solana Picture Bigger Than $420: Analyst Predicts 140% Surge To New ATHs

Solana (SOL) is once again in the spotlight, as a market analyst has forecasted a massive rally that could propel...

Scott Matherson 3 days ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

JUP價格飆升13% Solana生態DeFi與迷因幣掀起六月行情熱潮

Kelvin Lee 20 hours ago
solana koers, nu solana kopen of niet

SOL koers blijft sterk door 2,2 miljoen outflows – nu Solana kopen of niet?

Lars Diederiksen 2 days ago
Solana Funding Rates Turn Negative – Early Sign Of Selling Pressure?

Solana Funding Rates Turn Negative – Early Sign Of Selling Pressure?

Sebastian Villafuerte 2 days ago

Premium Sponsors

Top Brands

Press Releases

  • A smart choice for XRP investors to passively earn money...

    18 hours ago
  • Bitget Lists Ripple USD (RLUSD) to Expand Stablecoin...

    19 hours ago
  • Bitget Lists Ripple USD (RLUSD) to Expand Stablecoin...

    20 hours ago
  • Let everyone earn $10,0080 a day – CRYPTOMININGFIRM...

    1 day ago
  • Start RIPPLECOIN Mining cloud mining package through...

    1 day ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.