
{"id":154675,"date":"2026-04-23T05:48:24","date_gmt":"2026-04-23T05:48:24","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=154675"},"modified":"2026-04-23T05:48:24","modified_gmt":"2026-04-23T05:48:24","slug":"solana-sol-strength-fades-will-bulls-regain-momentum-soon","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=154675","title":{"rendered":"Solana (SOL) Strength Fades, Will Bulls Regain Momentum Soon?"},"content":{"rendered":"<p><em>Solana failed to settle above $90 and corrected most gains. SOL price is now consolidating losses above $85 and might attempt another increase.<\/em><\/p>\n<p>SOL price started a fresh decline below $88 and $87 against the US Dollar.<br \/>\nThe price is now trading near $86 and the 100-hourly simple moving average.<br \/>\nThere is a bullish trend line forming with support at $85.50 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe price could start a recovery wave if the bulls defend $85.50 or $85.<\/p>\n<h2>Solana Price Dips From $90<\/h2>\n<p>Solana price failed to remain stable above $90 and started a fresh decline, unlike <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-rally-nears-80k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-struggles-2365\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL declined below the $88 and $87 levels.<\/p>\n<p>The bears even pushed the price toward $85. A low was formed at $85.55, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $89.34 swing high to the $85.55 low.<\/p>\n<p>Solana is now trading near $86 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $85.50 on the hourly chart of the SOL\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Solana_813f21.png\"><\/a><\/p>\n<p>On the upside, immediate resistance is near the $87 level. The next major resistance is near the $87.80 level or the 61.8% Fib retracement level of the downward move from the $89.34 swing high to the $85.55 low. The main resistance could be $88.80. A successful close above the $88.80 resistance zone could set the pace for another steady increase. The next key resistance is $90. Any more gains might send the price toward the $92 level.<\/p>\n<h2>More Losses In SOL?<\/h2>\n<p>If SOL fails to rise above the $87.80 resistance, it could continue to move down. Initial support on the downside is near the $85.50 zone. The first major support is near the $84 level.<\/p>\n<p>A break below the $84 level might send the price toward the $82 support zone. If there is a close below the $82 support, the price could decline toward the $80 support in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bearish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $85.50 and $84.00.<\/p>\n<p>Major Resistance Levels \u2013 $87.80 and $88.80.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana failed to settle above $90 and corrected most gains. SOL price is now consolidating losses above $85 and might attempt another increase. SOL price started a fresh decline below $88 and $87 against the US Dollar. The price is now trading near $86 and the 100-hourly simple moving average. There is a bullish trend [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":154676,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-154675","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\/154675"}],"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=154675"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/154675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/154676"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=154675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=154675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=154675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}