Price Analysis View Non-AMP

Solana Back Above $100 as Bulls Gain Control—Will SOL Price Reclaim $110?

Published by
Sahana Vibhute

The Solana price is on the verge of rising over the bearish captivity while the bears are utilizing all their strength to push back the levels below $100. The global markets faced a dreadful weekend following Trump’s Liberation Day. The global crypto market cap plunged by over $300 billion but with the beginning of the American trading session, things seem to have turned in favor of the bulls. Bitcoin price reclaims $78,000 while Solana climbs above $100 after marking lows around $95. This suggests the traders utilized the buy-the-dip opportunity, which could pave the way for a decent recovery. 

Solana price has been facing massive upward pressure since the start of the year that has dragged the price lower by more than 60%. The token formed constant lower highs and lows, hinting towards the bears holding a tight grip over the rally. In such a scenario, a slight rise in the price may not be considered as a rise above the bearish influence until the pivotal resistance is secured. 

Presently, the SOL price is juggling at a threshold, and hence a slight drop below the range could squash the bullish possibilities. 

The bears dragged the price below the crucial support levels but the bulls have managed to lift the levels within the range. Despite this, the bearish impact on the rally continues to persist as the Ichimoku cloud has not confirmed a bullish reversal, as the base line and conversion line continue to descend. Meanwhile, the RSI is trying for a rebound, which is yet to be validated and once done, the rebound could be confirmed. 

In case of a rebound, the SOL price is required to rise to secure levels above $118, which could squash the bearish possibilities. Otherwise, the possibility of a continued descending trend may drag the levels to the 2024 lows below $80. However, one of the smartest plays during this sell-off is to accumulate a Solana position in anticipation of the SOL ETF later this year. 

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Recent Posts

3 Best Cryptos Under $0.01 Ready to Explode in 2025 and Turn $100 Into $10,000

Historical crypto charts indicate that small coins, costing less than a penny, often experience explosive…

July 25, 2025

Ruvi AI’s (RUVI) Audited Token Could Rival Ripple (XRP) This Cycle, With New CoinMarketCap Listing It Won’t Stay in Phase 2 Long

The cryptocurrency world is buzzing with excitement as Ruvi AI (RUVI) gains momentum as a…

July 25, 2025

BitLemons ($BLEM) Poised for Growth as BTC Tests $118K Resistance and ETH Surges Past $3,700 – Is This the Breakout Moment Investors Have Been Waiting For?

The cryptocurrency market is experiencing a pivotal moment as institutional money floods into digital assets…

July 25, 2025

Bitcoin Price Prediction: Bullish And Bearish Scenarios Explained

Bitcoin is currently in a quiet phase. The price has been moving sideways without any…

July 25, 2025

The Smarter Web Company Expands Bitcoin Holdings to 1,825 BTC

The Smarter Web Company PLC, a publicly listed firm in the UK, has just added…

July 25, 2025

Ripple News: Here’s Why XRP ETF Hype Could Be a Short-Lived Win

ETF analyst James Seyffart from Bloomberg recently explored an interesting hypothetical scenario. What if spot…

July 25, 2025