{"id":143926,"date":"2026-03-23T05:18:04","date_gmt":"2026-03-23T05:18:04","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=143926"},"modified":"2026-03-23T05:18:04","modified_gmt":"2026-03-23T05:18:04","slug":"solana-sol-drifts-lower-is-a-drop-below-85-now-imminent","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=143926","title":{"rendered":"Solana (SOL) Drifts Lower, Is a Drop Below $85 Now Imminent?"},"content":{"rendered":"

Solana failed to settle above $92 and extended losses. SOL price is now consolidating losses below $90 and might struggle to start a recovery wave.<\/em><\/p>\n

SOL price started a fresh decline below $90 and $88 against the US Dollar.
\nThe price is now trading below $88 and the 100-hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe price could start a recovery wave if the bulls defend $85 or $80.<\/p>\n

Solana Price Revisits $85<\/h2>\n

Solana price failed to remain stable above $92 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. SOL declined below the $90 and $88 support levels.<\/p>\n

The price gained bearish momentum below $87.20. A low was formed at $85.10, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $90.81 swing high to the $85.10 low.<\/p>\n

Solana is now trading below $88 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $88 level. There is also a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL\/USD pair.<\/p>\n

<\/a><\/p>\n

The next major resistance is near the $88.60 level or the 61.8% Fib retracement level of the downward move from the $90.81 swing high to the $85.10 low. The main resistance could be $90. A successful close above the $90 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $102 level.<\/p>\n

More Losses In SOL?<\/h2>\n

If SOL fails to rise above the $88 resistance, it could continue to move down. Initial support on the downside is near the $85 zone. The first major support is near the $82 level.<\/p>\n

A break below the $82 level might send the price toward the $80 support zone. If there is a close below the $80 support, the price could decline toward the $74 support in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bearish zone.<\/p>\n

Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is below the 50 level.<\/p>\n

Major Support Levels \u2013 $85 and $80.<\/p>\n

Major Resistance Levels \u2013 $88 and $90.<\/p>","protected":false},"excerpt":{"rendered":"

Solana failed to settle above $92 and extended losses. SOL price is now consolidating losses below $90 and might struggle to start a recovery wave. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $88 and the 100-hourly simple moving average. There is a […]<\/p>\n","protected":false},"author":0,"featured_media":143927,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-143926","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/143926"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=143926"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/143926\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/143927"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=143926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=143926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=143926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}