{"id":331378,"date":"2025-02-10T13:21:32","date_gmt":"2025-02-10T13:21:32","guid":{"rendered":"https:\/\/cryptonews.com\/?post_type=web-story&p=331378\/"},"modified":"2025-02-10T13:21:32","modified_gmt":"2025-02-10T13:21:32","slug":"solana-struggles-price-down-almost-15-in-a-week-is-it-time-to-buy","status":"publish","type":"web-story","link":"https:\/\/cryptonews.com\/web-stories\/solana-struggles-price-down-almost-15-in-a-week-is-it-time-to-buy\/","title":{"rendered":"Solana Struggles: Price Down Almost 15% in a Week \u2013 Is It Time to Buy?"},"content":{"rendered":"

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Solana Struggles: Price Down Almost 15% in a Week – <\/span>
\nIs It Time to Buy?<\/span><\/span><\/h2>\n

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#cryptonews<\/span><\/span><\/p>\n<\/div>\n<\/div>\n

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Solana (SOL) has dropped 15% in the past week, currently trading at $193.62, as bearish sentiment grips the broader crypto market.<\/span><\/p>\n<\/div>\n<\/div>\n

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The Fear and Greed Index stands at 35 (“Fear”), reflecting investor uncertainty, while the crypto market cap holds at $3.12 trillion, with $125.13 billion in daily trading volume.<\/span><\/p>\n<\/div>\n<\/div>\n

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Meanwhile, XRP has dropped to $2.40 (-0.72%). With the Altcoin Season Index at 29\/100, Bitcoin’s dominance remains strong, limiting altcoin recovery prospects.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n

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Major cryptocurrencies are also struggling, with Bitcoin (BTC) slipping to $96,048 (-1.92%) and Ethereum (ETH) down to $2,605 (-5.61%).<\/span><\/span><\/p>\n<\/div>\n<\/div>\n

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The 50-day EMA at $206.68 continues to cap upward moves, reinforcing the bearish outlook.<\/span><\/span><\/p>\n

A descending triangle formation signals potential downside risk, especially if SOL fails to hold its double-bottom support at $187.<\/span><\/p>\n<\/div>\n<\/div>\n

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Despite regulatory optimism, Solana (SOL) remains in a downtrend, struggling below $203, a critical resistance level aligning with the descending trendline.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n

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Solana Faces Resistance at $203 Amid Bearish Pressure<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n
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To shift sentiment, SOL must break and hold above $203, which could open the door for a rally toward $218 and $231.<\/span><\/span><\/p>\n

However, with weak momentum and market fear prevailing, the bearish scenario remains dominant unless SOL reclaims these levels.<\/span><\/p>\n<\/div>\n<\/div>\n

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A break below this level could accelerate declines to $176 and $162, both historically strong support zones.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n

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Solana (SOL) has dropped 15% in the past week, currently trading at $193.62, as bearish sentiment grips the broader crypto market.<\/p>\n","protected":false},"author":422,"featured_media":331386,"template":"","meta":{"_acf_changed":false,"web_stories_publisher_logo":138953,"web_stories_poster":[],"web_stories_products":[],"footnotes":""},"web_story_category":[],"web_story_tag":[],"class_list":["post-331378","web-story","type-web-story","status-publish","has-post-thumbnail","hentry"],"yoast_head":"\nSolana Struggles: Price Down Almost 15% in a Week \u2013 Is It Time to Buy? - Cryptonews<\/title>\n<meta name=\"description\" content=\"Solana (SOL) has dropped 15% in the past week, currently trading at $193.62, as bearish sentiment grips the broader crypto market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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upward moves, reinforcing the bearish outlook.<\/span>\n\n<span style=\"color: #737373\">A descending triangle formation signals potential downside risk, especially if SOL fails to hold its double-bottom support at $187.<\/span>","x":34,"y":341,"width":327,"borderRadius":{"locked":true,"topLeft":2,"topRight":2,"bottomRight":2,"bottomLeft":2},"height":156,"id":"d5e79a67-f7a5-4953-a78c-bbc78366b9a2","marginOffset":-2.580000000000002,"groupId":"bfd35ba1-5e0b-45e5-ab6e-9492b52dc7aa","type":"text"},{"opacity":100,"flip":{"vertical":false,"horizontal":false},"rotationAngle":0,"lockAspectRatio":false,"backgroundTextMode":"NONE","font":{"family":"Noto Sans"},"fontSize":16,"backgroundColor":{"color":{"r":196,"g":196,"b":196}},"lineHeight":1.19,"textAlign":"left","padding":{"locked":true,"hasHiddenPadding":false,"horizontal":0,"vertical":0},"content":"<span style=\"color: #737373\">Despite regulatory optimism, Solana (SOL) remains in a downtrend, struggling below $203, a critical resistance 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