The price of Solana (Sol) is facing weakness as the headwind of recession remains in the market. In addition, the SOL continues weakness against the atherium (Ath), with a Sol/ETH ratio falls by 25% in its lowest level of three weeks in about a month. Between weakening the speed of boom, will the Solna price crashes to $ 130 or will the higher bounce?
Solana Value is weakened as Sol/Ath Crash
The speed around the Solana price is weakening between the accident in the Sol/ETH ratio. As Coingpe said, Solana’s underperformance is running the benefit of the atheriumLater with later recording declines mild 1.3% in seven days, especially lower than 11% of Sol’s fall.
At the press time, the Sol/ETH ratio was at 0.0613 after the price of more than 25% since May 8. At this stage, the ratio was testing a multi-maiden support level which was previously determined whether the price continues or low.
SOL/Eth is losing this support level because bears hold their grip on the market. Last time when the ratio violated this support, it crashed by $ 0.000055, a lower level that was formed in December 2024. Therefore, if the ongoing decline continues, Sol/ETH is likely to hit this below again.
The above Outlook has grown from the increased capital flow towards the Solana feeds to the atherium. Etharium ETFs are growingAnd as soon as institutions gather, they are absorbing sales-side pressure caused by Bellesh Crypto Market Outlook. It has seen solana better performance from several top altcoins, including atherium.
Will Sol fall to $ 130?
The Solana Price is brightening more recession signals on a daily time frame, technical indicators suggest that the bulls are no longer under the control of value action. In fact, Sol’s RSI is at the lowest level since April 8, a sign that the recession speed is at its strongest point in about two months.
The AO indicator does not show any hope for the bull because the red histogram shrinks in the size, showing that the price of Soul is weakening the price pushing up to $ 187 last week. If the AO bar turns into green color, the rapid trends will be confirmed to be resumed.
Due to this technical approach and weakness against Sol’s largest altcoin, it is possible that the solan price loses support at 50% fibonacci level of $ 141 and crashes to $ 130. This drop will mark a decline of 16% from the current Solana price of $ 154 recently, according to the recent. Coinmarketcap dataThis recession forecasts recently aligns with a coeingpe analysis that pays attention Crash in solana After making a double-top pattern.
The invalid thesis for this recession approach depends on a solana price brakeout above the $ 165 resistance level. If the price can overcome this resistance, the next speed will take Solna to Solna to $ 187.
In short, the price of Solana is making signs of recession as the daily timeframe chart suggests that the sellers are under control. As the speed is weak, solana can crash by $ 130, the drop in the soul/ETH ratio within three weeks is even more likely to drop due to a 25% fall.
For predicting long-term value on Solana between 2025 and 2030- Read this,
Frequently asked questions (FAQs)
The solana value sol/ETH ratio may crash as accidents. Historical patterns suggest that the decline of ratio coincides with recession trends for Dogi.
Solana has fallen to 10% in seven days, and as the pressure increases, it may soon fall at a price of $ 130.
Solana price can cross the recession trends and rally if the wider market spirit again intensifies.
Muthoni
Muthoni Mary is an experienced crypto market analyst and writer, who has an experience over three years, dissecting blockchain trends, price movements and market dynamics. With a sharp look for technical analysis and intense understanding of on-chain matrix, she provides practical, data-powered materials that help investors navigate the world with a fast book of digital assets.
Disclaimer: The material presented may include the author’s personal opinion and is subject to the market status. Do your market research before investing in cryptocurrency. The author or publication does not have any responsibility for your personal financial loss.
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