{"id":73317,"date":"2025-08-01T12:29:43","date_gmt":"2025-08-01T12:29:43","guid":{"rendered":"https:\/\/coinjournal.net\/?p=326643"},"modified":"2025-08-01T12:29:43","modified_gmt":"2025-08-01T12:29:43","slug":"solana-price-forecast-as-sol-bulls-look-to-buy-the-dip","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/solana-price-forecast-as-sol-bulls-look-to-buy-the-dip\/","title":{"rendered":"Solana price forecast as SOL bulls look to buy the dip"},"content":{"rendered":"\n<ul>\n<li><span style=\"font-weight: 400;\">Solana has fell 7.6% in the past 24 hours to touch lows of $166.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The technical outlook on the daily chart shows price is taking on a bearish flip.<\/span><\/li>\n<li>Bulls bouncing amid crypto recovery could target $200.<\/li>\n<\/ul>\n<p>Solana has experienced a 7.6% dip in the past 24 hours to touch lows of $166, with declines coming amid widespread selling across crypto.<\/p>\n<p>But as the volatility prompts some investors to take profits, bulls are likely eyeing the downturn as a buying opportunity.<\/p>\n<p>Here&#8217;s a look at the technical picture for SOL.<\/p>\n<h2>Solana drops to key support level<\/h2>\n<p>As highlighted, Solana&#8217;s price has declined by about 7.6% in the past 24 hours, trading to lows near $166.<\/p>\n<p>CoinMarketCap data shows Solana&#8217;s 24-hour trading volume increased by about 25% to $7.38 billion, which hints at heightened market activity.<\/p>\n<p>It&#8217;s an outlook that mirrors the broader crypto market performance, with Bitcoin (BTC) selling-off to below $115k, Ethereum (ETH) to around $3,500 and <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/xrp-price-forecast-xrp-dips-7-as-crypto-downturn-threatens-bulls\/\">XRP down 7%<\/a> to around $2.90.<\/p>\n<p>Losses across board saw <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.coinglass.com\/LiquidationData\">total liquidations<\/a> reach $758 million in the last 24 hours, with SOL seeing about $43.8 million liquidated.<\/p>\n<p>The sudden price dip meant most of the liquidations are of bullish Solana bets, which Coinglass data shows at $42 million of the $43.8 million.<\/p>\n<p>A bearish sentiment amid this flip has SOL currently hovering at a key support level.<\/p>\n<p>Could bulls capitalize on the dip to build fresh momentum towards $200? Continued network growth, as highlighted by key metrics such as active users and revenue, suggests Solana is strong long term.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128680;BREAKING: <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/solanaref_src=twsrc%5Etfw\">@Solana<\/a> has surpassed all L1 and L2 chains in Network Rev for the 10th consecutive month. <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/t.co\/AN5WXf0qUW\">pic.twitter.com\/AN5WXf0qUW<\/a><\/p>\n<p>&mdash; SolanaFloor (@SolanaFloor) <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/SolanaFloor\/status\/1951239045507403932?ref_src=twsrc%5Etfw\">August 1, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Solana price prediction<\/h2>\n<p>The Solana price prediction for 2025 is largely bullish, with analysts seeing it as a key breakout level.<\/p>\n<p>Conservative forecasts put SOL at $500 by the end of 2025, mainly driven by Solana&#8217;s robust ecosystem and institutional interest.<\/p>\n<p>Spot ETFs and regulatory tailwinds could be the main catalyst.<\/p>\n<p>However, what&#8217;s the short-term outlook as cryptocurrencies navigate yet another sell-off phase?<\/p>\n<figure id=\"attachment_326644\" aria-describedby=\"caption-attachment-326644\" class=\"wp-caption alignnone\"><img data-source=\"CoinJournal\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-326644\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/08\/SOLUSD_2025-08-01_14-59-21.png\" alt=\"\" width=\"1057\" height=\"546\"><figcaption id=\"caption-attachment-326644\" class=\"wp-caption-text\"><a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/SOLUSD\/\">SOL price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>The technical outlook on the daily chart shows the price remains within an ascending channel, but has broken below the middle line.<\/p>\n<p>Meanwhile, the Relative Strength Index (RSI) stands at 45, below the midpoint after SOl flipped from overbought territory.<\/p>\n<p>The RSI indicator is also downsloping to suggest a potential move toward the oversold zone.<\/p>\n<p>SOL&#8217;s daily chart also shows the Moving Average Convergence Divergence (MACD) indicators hinting at bearish momentum after a bearish crossover.<\/p>\n<p>While a drop below $160 may test lower supports at $145 and $130, a reversal amid buying pressure will allow buyers to target $200.<\/p>\n<p>As noted, some analysts are predicting SOL price to $500 in a sharp rally amid spot Solana ETFs approval.<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/solana-price-forecast-as-sol-bulls-look-to-buy-the-dip\/\">Solana price forecast as SOL bulls look to buy the dip<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>Solana has fell 7.6% in the past 24 hours to touch lows of $166. The technical outlook on the daily chart shows price is taking on a bearish flip. Bulls bouncing amid crypto recovery could target $200. Solana has experienced a 7.6% dip in the past 24 hours to touch lows of $166, with declines [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/solana-price-forecast-as-sol-bulls-look-to-buy-the-dip\/\">Solana price forecast as SOL bulls look to buy the dip<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":73318,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48],"tags":[],"class_list":["post-73317","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Solana price forecast as SOL bulls look to buy the dip - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/solana-price-forecast-as-sol-bulls-look-to-buy-the-dip\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana price forecast as SOL bulls look to buy the dip - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"Solana has fell 7.6% in the past 24 hours to touch lows of $166. The technical outlook on the daily chart shows price is taking on a bearish flip. Bulls bouncing amid crypto recovery could target $200. 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The technical outlook on the daily chart shows price is taking on a bearish flip. Bulls bouncing amid crypto recovery could target $200. 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