Disclaimer: Information found on CryptoreNews is those of writers quoted. It does not represent the opinions of CryptoreNews on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoreNews covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.
Solana Price Forecast: SOL Rises 12% Overnight – However, This Single Indicator May Complicate Matters
The Solana price ($SOL) has achieved an impressive 12% increase from its lowest point, yet one significant indicator poses a risk to this momentum.
The rapid rebound has propelled SOL away from precarious levels. However, experienced analysts remain pessimistic, casting doubt on optimistic Solana price forecasts.
There is one ominous signal that could potentially reverse the gains.
Here’s what every SOL holder should be aware of at this moment.
This One Signal Could Ruin Everything
Long-term holders are retreating from Solana at a particularly inopportune time. HODLer Net Position Change data indicates that accumulation is significantly slowing following last week’s sharp decline.
These steadfast investors typically provide essential price support during challenging times. However, their confidence seems to be wavering, which raises a substantial concern for sustainability.
Source: Glassnode
The Money Flow Index is nearing oversold territory below 20.0, which generally indicates that seller fatigue is beginning to occur.
Solana has only reached oversold conditions three times in the last two and a half years. Each instance resulted in significant price stabilization or even reversals that surprised bearish traders.
Solana Price Prediction: Will SOL Break Under $70 Support?
Solana remains trapped in a descending channel and has now fallen below that structure into the $85 to $90 range, which is currently serving as short-term support.
From a trend perspective, the situation has not changed significantly. This remains a bearish configuration with lower highs and lower lows firmly established.
Source: SOLUSD / Tradingview
If this support level fails, the next significant downside target is approximately $70, which represents the last robust demand zone.
The initial resistance to monitor is around $100, but the crucial level to consider is $144. A daily close above $144 would indicate that the downtrend is likely at an end and a genuine bullish shift is beginning.
New Presale SUBBD Lets Users Generate Crypto With AI
Market uncertainty is precisely why many are beginning to look beyond mere price movements and towards platforms with genuine, immediate utility.
SUBBD is designed to capitalize on that transition. As an AI-driven content platform, SUBBD aims at the $85 billion creator economy by assisting users in generating income directly from their content, rather than through speculation.
Rather than depending on centralized platforms, SUBBD eliminates intermediaries and restores control to creators.
Audiences are owned, not leased, while fans gain direct access to exclusive content through token-gated benefits and engagement.
The concept is already gaining momentum. SUBBD is approaching $1.5 million in presale funding as investors support a more sustainable model focused on real usage rather than short-lived excitement.
With SUBBD, creators earn more, fans engage more deeply, and the platform aligns with the original intent of crypto to enable.
Ownership, access, and decentralized monetization that functions effectively, even amid market unpredictability.
Visit the Official SUBBD Website Here
The post Solana Price Prediction: SOL Bounces 12% Overnight – But This One Signal Could Ruin Everything appeared first on Cryptonews.