• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Solana Price Has Repeated the Same Bearish Pattern Twice Already — Is a Drop to $52 Next?

April 10, 2026
in Crypto News
Reading Time: 4min read
0 0
A A
0
Solana Price Prediction: SOL Is Pushing Against This Critical Level – But Traders Say the Next Move is What Matters Most
0
SHARES
4
VIEWS
ShareShareShareShareShare

Solana price is trading around $83, up 4.5% intraday after a brief push to $85.20, and it doesn’t matter. The rebound has failed to reclaim the 50-day SMA sitting at $86, and that failure is the only number that counts right now.

Without a clean close above it, every bounce is an exit opportunity, not a reversal signal.

Bitcoin’s recovery above $73,000 dragged SOL off its lows, but altcoin momentum here looks borrowed.

SOL technical analysis shows a textbook three-step bearish cycle – and if the pattern holds, the sideways action of the past week isn’t stabilization. It’s the coil before the next leg down, with $52 as the terminal target.

Solana (SOL)
24h7d30d1yAll time

Discover: The best pre-launch token sales

Solana Price Prediction: Reclaim $86 or Slide Toward $52?

The bearish structure has been building since SOL peaked near $148 earlier this year.

Since then, the token has printed lower highs and lower lows, tracing a distribution pattern that analyst Ali Martinez has tracked across three distinct cycle instances since October 2025.

The pattern is consistent: SOL reclaims the 50-day SMA, fails to hold it as support, then enters a consolidation trap – a tight sideways range that disguises the real setup, which is a breakdown.

I’ve been tracking a specific structural pattern for Solana $SOL that has been remarkably consistent since October 2025.

It’s a three-step cycle that seems to repeat every time we lose momentum.

The Anatomy of the Pattern:

• The Reclaim: SOL rallies and manages to close… pic.twitter.com/Xj6GftpKun

— Ali Charts (@alicharts) April 8, 2026

This cycle has already played out twice. In November 2025 and again in January 2026, SOL entered multi-week consolidation phases below the 50-day SMA before selling off hard to new local lows. In mid-March, SOL surged to $97, briefly clearing the 50-day SMA before rolling over sharply.

That was the local top. The token is now in phase three of the current cycle, grinding between $79 and $85 while the 50-day SMA holds overhead at $86.

Martinez’s read is direct: “This sideways movement isn’t stabilization. It’s the coiling of a new leg down.” The consolidation trap is deceptive precisely because it looks like support is holding. It isn’t – it’s exhaustion.

Source: Solana Price / Tradingview

The level that actually matters is $86 – the 50-day SMA. A daily close above it with volume flips the short-term read and opens a path toward $95 and $120.

Without that, the downside scenario cascades through $75, then $67, then $60, before approaching the $52 zone that previously sparked a 2,194% rally.

That’s the high-conviction accumulation level analysts are eyeing – but getting there means absorbing every one of those intermediate breaks first.

The bull case exists. Weekly RSI shows early divergence, and there’s genuine accumulation noise in the $80–$85 range.

Discover: The best crypto to diversify your portfolio with

LiquidChain Targets Early-Mover Upside as Solana Tests Key Levels

Watching SOL grind sideways below a distribution ceiling while the broader market moves on is a particular kind of frustration – especially when the most likely resolution is another leg down. For traders sitting in SOL waiting for the $86 reclaim that keeps failing, the asymmetry argument for rotating into early-stage positioning is straightforward.

A $27 billion market cap asset delivering a 60% drawdown is a different trade than an early-stage project at ground floor pricing.

LiquidChain, a Solana Layer 3 infrastructure project targeting cross-chain throughput and settlement efficiency, is currently in presale.

Key metrics: presale price $0.031, $2.4 million raised, staking APY 127%. The core technical differentiator is a parallelized settlement layer designed to resolve Solana’s congestion bottlenecks during high-demand periods – a real problem the network has faced repeatedly.

The dynamic mirrors what’s been observed with coordinated volatility plays on established assets: when large-cap momentum stalls, early-stage infrastructure with a specific use case captures rotational capital.

That’s not a trade – that’s a thesis.

Research LiquidChain here.

The post Solana Price Has Repeated the Same Bearish Pattern Twice Already — Is a Drop to $52 Next? appeared first on Cryptonews.


Credit: Source link

ShareTweetSendPinShare
Previous Post

Here’s Why The Dogecoin Price Is Under Threat Of Crashing Again

Next Post

Anthropic Warns AI-Powered Cyberattacks Will Surge Within 24 Months

Next Post
Bitcoin Holdings in Public Company Treasuries Exceed 200,000 BTC

Anthropic Warns AI-Powered Cyberattacks Will Surge Within 24 Months

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You might also like

Retail Is Cashing Out On Ethereum, But The Selloff Is Being Absorbed. Discover Who Is Buying

Retail Is Cashing Out On Ethereum, But The Selloff Is Being Absorbed. Discover Who Is Buying

April 23, 2026
Dogecoin Price Recovery Sends OI Above $1.2 Billion, But Is It Sustainable?

Dogecoin Price Recovery Sends OI Above $1.2 Billion, But Is It Sustainable?

April 24, 2026
Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals

NVIDIA Red Team Exposes AI Coding Agent Vulnerability in OpenAI Codex

April 20, 2026
CGV Leads Expansion in Bitcoin Wallet Sector with UniSat Investment

Kelp DAO $293M Exploit Triggers DeFi-Wide Contagion Across 9 Protocols

April 19, 2026
Kalshi Taps Pyth Network to Power Commodities Expansion with Real-Time Data

Kalshi Taps Pyth Network to Power Commodities Expansion with Real-Time Data

April 23, 2026
XRP “Millionaire” Wallets Rise Despite Modest Price Dip: Santiment

DeFi Losses Surpass $600M as Kelp DAO Exploit Pushes TVL to One-Year Low

April 21, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Analyst Who Called Bitcoin’s Top Correctly Now Predicting The Bottom

Analyst Who Called Bitcoin’s Top Correctly Now Predicting The Bottom

April 26, 2026
Bitcoin Price Prediction: Florida’s Crypto Bill and $198B U.S. Surplus Boost Market Outlook

XRP NEWS: GraniteShares Just Delayed Its 3x XRP ETF for the Fifth Time: Is the SEC Blocking Leveraged Crypto Products?

April 26, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.