MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Font ResizerAa
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Reading: Solana in Danger: Will SOL Plunge Below $120?
Share
Font ResizerAa
MarketAlert – Real-Time Market & Crypto News, Analysis & AlertsMarketAlert – Real-Time Market & Crypto News, Analysis & Alerts
Search
  • Crypto News
    • Altcoins
    • Bitcoin
    • Blockchain
    • DeFi
    • Ethereum
    • NFTs
    • Press Releases
    • Latest News
  • Blockchain Technology
    • Blockchain Developments
    • Blockchain Security
    • Layer 2 Solutions
    • Smart Contracts
  • Interviews
    • Crypto Investor Interviews
    • Developer Interviews
    • Founder Interviews
    • Industry Leader Insights
  • Regulations & Policies
    • Country-Specific Regulations
    • Crypto Taxation
    • Global Regulations
    • Government Policies
  • Learn
    • Crypto for Beginners
    • DeFi Guides
    • NFT Guides
    • Staking Guides
    • Trading Strategies
  • Research & Analysis
    • Blockchain Research
    • Coin Research
    • DeFi Research
    • Market Analysis
    • Regulation Reports
Have an existing account? Sign In
Follow US
© Market Alert News. All Rights Reserved.
  • bitcoinBitcoin(BTC)$77,519.000.02%
  • ethereumEthereum(ETH)$2,314.78-0.13%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$1.42-0.91%
  • binancecoinBNB(BNB)$628.62-1.20%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$86.04-0.26%
  • tronTRON(TRX)$0.3242190.36%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.02-0.55%
  • dogecoinDogecoin(DOGE)$0.097891-0.65%
DeFi

Solana in Danger: Will SOL Plunge Below $120?

Last updated: July 6, 2025 11:55 am
Published: 10 months ago
Share

Solana Price Prediction: How High Can SOL Price Go If Bulls Return?

Solana (SOL) has long been one of the most talked-about altcoins in the crypto market, known for its blazing-fast blockchain and thriving DeFi and NFT ecosystems. In 2025, SOL has seen dramatic swings, capturing both bullish and bearish traders in its volatile price action. As it hovers around the $147 mark today, investors are closely watching whether Solana price can break higher toward $200 again or slip back to key support levels near $120. In this detailed daily chart analysis, we’ll break down what Solana’s price structure, key indicators, and recent momentum really suggest — and calculate where SOL price could realistically be headed next.

Looking at the daily chart for Solana (SOL), the Solana price is hovering around $147.43 at the time of writing. The Heikin Ashi candles show a clear slowdown in the previous uptrend — the candles have turned neutral with short bodies and wicks on both ends, which typically signals indecision in the market. The Relative Strength Index (RSI) is at 47.60, which puts SOL price in the neutral zone, neither oversold nor overbought. This suggests the market is waiting for a clear catalyst.

Key resistance is sitting near $160, which has acted as a ceiling during the recent price attempts to break higher. On the downside, there’s visible horizontal support around $140-$142, where price has bounced multiple times. If this level breaks, the next visible support is around $120, which aligns with the dotted blue levels marked on the chart.

To quantify: if SOL price closes a daily candle below $142, we could see a 15-20% downside move toward $120:

The RSI hovering just below 50 indicates a lack of strong bullish or bearish momentum. It’s worth noting that the RSI recently made a lower high — a sign that buying strength is fading. If RSI dips below 40, the market could see accelerated selling.

The broader daily structure shows that Solana price is technically in a sideways range after peaking near $200 earlier this year. Recent lower highs and lower lows hint at a minor downtrend inside this bigger sideways pattern. Until we see a daily close above $160 with strong volume, there’s no confirmation of a renewed bullish trend.

If SOL price manages to flip $160 into support, the next upside target would be the psychological level of $180-$200. This is roughly a 22% upside from the current level:

So the risk-to-reward ratio favors patient buyers only if Solana price holds above $142 and breaks $160 with momentum.

To sum up, the chart indicates caution. If SOL price defends $142, short-term buyers may target $160 and $180. But if this support fails, a drop toward $120 looks likely — and if panic selling kicks in, even $100 is possible. The RSI and Heikin Ashi candles both suggest the market is not ready to choose a clear direction yet.

So, traders should watch the $142 level like a hawk and keep an eye on the RSI dipping below 40 for signs of stronger selling. On the flip side, a daily close above $160 backed by volume would revive bullish hopes for $180-$200. Until then, Solana looks range-bound — so position sizing and tight stop-losses are crucial.

OKX is a top choice to buy SOL. With low trading fees, extensive token listings, and an intuitive interface, it’s a preferred platform for many crypto traders across Europe.

Special Promotion – Limited Time

Until September 14, 2025, OKX is hosting an exclusive McLaren F1 Team giveaway:

–> Receive a complimentary McLaren F1 Team cap<–

Enter to win a VIP trackside experience in Zandvoort (Aug 29-31)

This offer is open to all new European users who haven't yet traded on OKX. Don't wait – claim your reward today!

Read more on cryptoticker.io

This news is powered by cryptoticker.io cryptoticker.io

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook

Like this:

Like Loading...

Related

Virtual Cards vs. Physical Cards: Which One Wins?
SHOWS – Thurs Aug 14: Stewart Rhodes, Dr Phranq Tamburri, Richard Grove
DeFi Technologies Faces Legal and Strategic Crossroads
Cardano Price Crashed 60% in 2025, This New Crypto Gained Over 300% With More Gains Expected – Cryptopolitan · Cardano Feed
Clapp Finance Launches Flexible Savings: Up to 5.2% APY With Instant Access | UseTheBitcoin

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
Previous Article FISUSDT Forming Bullish Wave for BINANCE:FISUSDT by Alpha-GoldFX
Next Article PABLO DEFI price today, PABLO to USD live price, marketcap and chart | CoinMarketCap
© Market Alert News. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Prove your humanity


Lost your password?

%d