{"id":385700,"date":"2025-03-29T22:14:20","date_gmt":"2025-03-29T16:44:20","guid":{"rendered":"https:\/\/dripp.zone\/news\/solana-price-risks-50-crash-from-triangle-pattern-as-whales-dump-sol-crypto-news\/"},"modified":"2025-03-29T22:28:38","modified_gmt":"2025-03-29T16:58:38","slug":"solana-price-risks-50-crash-from-triangle-pattern-as-whales-dump-sol-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/solana-price-risks-50-crash-from-triangle-pattern-as-whales-dump-sol-crypto-news\/","title":{"rendered":"Solana Price Risks 50% Crash From Triangle Pattern As Whales Dump SOL &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Solana price is on the verge of a 50% decline toward $60 if it breaks down below an ascending triangle pattern and confirms a full bearish reversal. Whales appear to be preparing themselves for this decline as on-chain data reveals that these large addresses are selling SOL.\u00a0<\/span><\/p>\n<h2><strong>Solana Price Risks 50% Crash From Triangle Pattern\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Solana price trades at $126 today after a 3% decline in 24 hours. This marks the altcoin\u2019s lowest level in two weeks as bearish trends prevail across the broader crypto market due to a massive selloff from traders because of fears of <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/us-pce-comes-in-at-2-5-but-core-pce-sparks-bitcoin-dip-concerns\/\"><span style=\"font-weight: 400;\">spiking US inflation<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This decline has caused more than $12M in total SOL liquidations, with over 90% of the liquidated positions being from long traders. This scenario has created concerns from traders, with popular analyst Ali Charts sharing a bearish <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/price-predictions\/solana-sol-price-prediction\/\"><span style=\"font-weight: 400;\">Solana price prediction<\/span><\/a><span style=\"font-weight: 400;\"> that it is headed for a crash towards $60.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In his analysis, trader Ali noted that Solana price had formed an ascending triangle pattern. The most crucial support level for SOL in this pattern is $125. If this altcoin drops below this support level, it could trigger a 50% decline toward $60 and push SOL toward a multi-month low.<\/span><\/p>\n<figure id=\"attachment_246654\" aria-describedby=\"caption-attachment-246654\" style=\"width: 1207px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-246654\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/sol-5.jpg\" alt=\"Solana Price Risks 50% Crash From Triangle Pattern As Whales Dump SOL\" width=\"1207\" height=\"775\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/sol-5.jpg 1207w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/sol-5-300x193.jpg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/sol-5-768x493.jpg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2025\/03\/sol-5-150x96.jpg 150w\" sizes=\"auto, (max-width: 1207px) 100vw, 1207px\"\/><\/noscript><figcaption id=\"caption-attachment-246654\" class=\"wp-caption-text\">SOL\/USD: 1-day Chart<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">At the same time, Crypto Patel observed that <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/CryptoPatel\/status\/1905846882330661248\"><span style=\"font-weight: 400;\">Solana has confirmed a downtrend<\/span><\/a><span style=\"font-weight: 400;\"> after it dropped below a critical demand zone. Patel urged traders to book partial profits on SOL and adjust their stop-loss to the break-even point to avoid recording more losses.\u00a0<\/span><\/p>\n<h2><strong>Whales Dump SOL as DEX Volumes Hit 6-Month Low\u00a0<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The recent decline in Solana price has stirred whale selling activity. <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/lookonchain\/status\/1905869957973283070\"><span style=\"font-weight: 400;\">Data from Lookonchain<\/span><\/a><span style=\"font-weight: 400;\"> shows that one whale address has unstaked 60,289 SOL valued at $7.67M, suggesting that these large addresses are bearish on the price and anticipate that the SOL will plunge.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whales are also likely selling because of concerns that Solana price might soon drop below the $100 price level and reach a one-year low. However, reduced network activity might also be keeping large addresses on edge.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to data from DeFiLlama, the DEX volumes on the Solana network recently dropped to the lowest point in six months. At press time, SOL had recorded $14B in weekly DEX volumes, which is a massive drop from the peak of $97 billion posted in January 2025 when <\/span><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/solana-price-eyes-96-rally-amid-surging-social-sentiment-and-ghibli-meme-coin-frenzy\/\"><span style=\"font-weight: 400;\">Solana price rallied<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the DeFi activity falls alongside the price, it will reduce the level of market confidence in Solana, which could accelerate the ongoing selling activity. This highlights bearish headwinds that will likely force Solana price to lose the psychological level of $100 and plunge towards $60. <\/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                            \tSolana price may crash by 50% to below $100 if it breaks the support line of an ascending triangle pattern. Intense selling activity might trigger this decline. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tSolana price is falling today because of a major selloff in the crypto market after investors were spooked by the US PCE inflation data that showed inflation remained a concern. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"accordion-item\">\n<div class=\"faq-item-content\" style=\"\">\n<p>\n                            \tOne whale address has dumped nearly $8M due to prevailing bearish trends. Reduced network activity might also lead to more large addresses selling. <\/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-risks-50-crash-from-triangle-pattern-as-whales-dump-sol\/\" 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-risks-50-crash-from-triangle-pattern-as-whales-dump-sol\/\" target=\"_blank\"><br \/>\n  <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\"\/><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 on the verge of a 50% decline toward $60 if it breaks down below an ascending triangle pattern and confirms a full bearish reversal. Whales appear to be preparing themselves for this decline as on-chain data reveals that these large addresses are selling SOL.\u00a0 Solana Price Risks 50% Crash From Triangle Pattern\u00a0 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":385701,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-385700","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/385700","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=385700"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/385700\/revisions"}],"predecessor-version":[{"id":385702,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/385700\/revisions\/385702"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/385701"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=385700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=385700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=385700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}