{"id":376046,"date":"2025-02-27T15:35:21","date_gmt":"2025-02-27T10:05:21","guid":{"rendered":"https:\/\/dripp.zone\/news\/solana-price-hits-extreme-oversold-levels-after-40-crash-will-sol-recover-crypto-news\/"},"modified":"2025-02-27T15:40:37","modified_gmt":"2025-02-27T10:10:37","slug":"solana-price-hits-extreme-oversold-levels-after-40-crash-will-sol-recover-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/solana-price-hits-extreme-oversold-levels-after-40-crash-will-sol-recover-crypto-news\/","title":{"rendered":"Solana Price Hits Extreme Oversold Levels After 40% Crash, Will SOL Recover? &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Solana price is down by 40% over the past month, with the crash causing panic selling that has pushed SOL to extremely oversold levels. Traders are selling Solana at the same pace they did during the FTX collapse in 2022, raising speculation over whether the altcoin faces further downside or a price recovery lies ahead. Let\u2019s explore what this oversold situation means for SOL price.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Solana price today trades at $141 with a marginal increase of 1%. SOL is experiencing volatile swings with the price fluctuating between $130 and $142 in 24 hours.\u00a0<\/span><\/p>\n<h2><strong>Solana Price Hits Extreme Oversold Levels After Crashing 40%<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The intense selling pressure caused by <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/bitcoin-fear-and-greed-index-lower-than-ftx-collapse-bounce-back-ahead\/\">bearish trends across the broader crypto market<\/a> has pushed Solana into extremely oversold territory. According to analyst Gnarleyquinn, Solana\u2019s Relative Strength Index (RSI) has dropped to levels usually seen during capitulation events.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After the recent drop in Solana price, the RSI has tanked 40% to levels previously seen when the FTX exchange filed for bankruptcy. SOL also witnessed two other capitulation events in 2023 that forced the RSI to drop to these extreme levels.\u00a0<\/span><\/p>\n<figure id=\"attachment_241321\" aria-describedby=\"caption-attachment-241321\" style=\"width: 1462px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-241321\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Solana-RSI.jpg\" alt=\"Solana Hits Extreme Oversold Levels As SOL Price Crashes 40% - Is a Recovery Ahead?\" width=\"1462\" height=\"771\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Solana-RSI.jpg 1462w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Solana-RSI-300x158.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Solana-RSI-1224x645.jpg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Solana-RSI-768x405.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/Solana-RSI-150x79.jpg 150w\" sizes=\"auto, (max-width: 1462px) 100vw, 1462px\"\/><\/noscript><figcaption id=\"caption-attachment-241321\" class=\"wp-caption-text\">Solana RSI<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Usually, whenever the RSI drops to these record lows, it may precede a reversal to the upside. Analyst Raoul Pal <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/RaoulGMI\/status\/1894907325615427714\">outlined<\/a> this potential rebound by pointing out that Solana price has breached the lower boundary of the logarithmic regression channel.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This drop suggests the likelihood of a reversal. Looking at the past trends, whenever SOL reaches this level, it bounces back to the center of the midline, suggesting that a mean reversion is likely to happen.\u00a0<\/span><\/p>\n<figure id=\"attachment_241320\" aria-describedby=\"caption-attachment-241320\" style=\"width: 1711px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-241320\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Solana Hits Extreme Oversold Levels As SOL Price Crashes 40% - Is a Recovery Ahead?\" width=\"1711\" height=\"784\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression.jpg 1711w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression-300x137.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression-1224x561.jpg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression-768x352.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression-1536x704.jpg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression-150x69.jpg 150w\" data-lazy-sizes=\"(max-width: 1711px) 100vw, 1711px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-241320\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression.jpg\" alt=\"Solana Hits Extreme Oversold Levels As SOL Price Crashes 40% - Is a Recovery Ahead?\" width=\"1711\" height=\"784\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression.jpg 1711w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression-300x137.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression-1224x561.jpg 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression-768x352.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression-1536x704.jpg 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/RSI-regression-150x69.jpg 150w\" sizes=\"auto, (max-width: 1711px) 100vw, 1711px\"\/><\/noscript><figcaption id=\"caption-attachment-241320\" class=\"wp-caption-text\">Solana Log Regression Channel<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">If sellers are exhausted and buyers step in now to buy SOL at the current price, it may precede a bullish <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price-predictions\/solana-sol-price-prediction\/\">Solana price forecast<\/a>. But how far can SOL rally?\u00a0<\/span><\/p>\n<h2><strong>What\u2019s Next For SOL \u2013 Recovery or Crash? <\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Solana price has dropped to the lowest level since October 2024, as <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/trending\/solana-sol-investors-fearful-after-price-crashes-40-whats-next\/\">SOL bears take control<\/a>. The price has also been consistently making lower lows, suggesting that the downward momentum is growing stronger.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">SOL has formed support at $134 and it is successfully defending this price level. If the downtrend continues and the extreme crowd bearishness pushes SOL below this support, a drop to $120 remains likely.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Technical indicators also show that despite oversold conditions, SOL may be poised for another downtrend. The Average Directional Index is rising, suggesting the current downtrend is strong. The red Awesome Oscillator bars are also increasing in their length, indicating that the bearish momentum is accelerating.\u00a0<\/span><\/p>\n<p>For the trend to reverse to the upside, SOL needs to flip resistance at $177, which will set the stage for a rally past $200.<\/p>\n<figure id=\"attachment_241322\" aria-describedby=\"caption-attachment-241322\" style=\"width: 1781px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-241322\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Solana Hits Extreme Oversold Levels As SOL Price Crashes 40% - Is a Recovery Ahead? \" width=\"1781\" height=\"798\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13.png 1781w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13-300x134.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13-1224x548.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13-768x344.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13-1536x688.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13-150x67.png 150w\" data-lazy-sizes=\"(max-width: 1781px) 100vw, 1781px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-241322\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13.png\" alt=\"Solana Hits Extreme Oversold Levels As SOL Price Crashes 40% - Is a Recovery Ahead? \" width=\"1781\" height=\"798\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13.png 1781w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13-300x134.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13-1224x548.png 1224w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13-768x344.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13-1536x688.png 1536w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/02\/SOLUSDT_2025-02-27_12-03-13-150x67.png 150w\" sizes=\"auto, (max-width: 1781px) 100vw, 1781px\"\/><\/noscript><figcaption id=\"caption-attachment-241322\" class=\"wp-caption-text\">SOL\/USDT: 1-day Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Because of this bearish outlook, SOL price may not be poised for a recovery in the near term. A bullish reversal will only happen if greed replaces the current sentiment of fear in the market.\u00a0<\/span><\/p>\n<section class=\"accordion-content mt-4\" id=\"faq\">\n<h2 class=\"mb-4 h3 fw7\">Frequently Asked Questions (FAQs)<\/h2>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tThe oversold RSI suggests Solana price might rebound if sellers are exhausted and buying pressure replaces selling pressure. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tSelling pressure remains high, which may derail Solana&#8217;s price recovery. However, if the downtrend reaches exhaustion, SOL may be poised for a recovery.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tThe next support level to watch in SOL price is $120. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>                                <!-- \n\n<div class=\"desktopPostEnd d-on\"><\/div>\n\n --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/solana-price-hits-extreme-oversold-levels-after-40-crash-will-sol-recover\/\" target=\"_blank\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/solana-price-hits-extreme-oversold-levels-after-40-crash-will-sol-recover\/\" target=\"_blank\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" data-lazy-src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"authorBoxnew newauthordesign\">\n<div class=\"author_Ndata d-flex align-items-center mb-2\">\n<div class=\"author_Image\">\n                                           <img loading=\"lazy\" alt=\"\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" data-lazy-srcset=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" data-lazy-src=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=200&#038;d=mm&#038;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=200&#038;d=mm&#038;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/6efc8974f41600ded0ff3e8b454dc03b?s=400&#038;d=mm&#038;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                  <\/div>\n<p>muthoni  <\/p>\n<\/p><\/div>\n<p>Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience dissecting blockchain trends, price movements, and market dynamics. With a sharp eye for technical analysis and an in-depth understanding of on-chain metrics, she delivers insightful, data-driven content that helps investors navigate the fast-paced world of digital assets.                     <\/p>\n<\/p><\/div>\n<p>Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana price is down by 40% over the past month, with the crash causing panic selling that has pushed SOL to extremely oversold levels. Traders are selling Solana at the same pace they did during the FTX collapse in 2022, raising speculation over whether the altcoin faces further downside or a price recovery lies ahead. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":376051,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-376046","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/376046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=376046"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/376046\/revisions"}],"predecessor-version":[{"id":376052,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/376046\/revisions\/376052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/376051"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=376046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=376046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=376046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}