Solana price consolidates in KEY range: Could SOL fall under $50?

ambcryptoPublished on 2026-04-10Last updated on 2026-04-10

Abstract

Solana (SOL) has been consolidating within a $78–$92 range since early February, following a sharp drop on March 5. Despite brief attempts to rise above the 50-day moving average (currently at $85.43), SOL has consistently failed to sustain above it since November 2025. This pattern has repeated multiple times, with each consolidation below the 50-day MA followed by a significant sell-off. Analysts suggest that if SOL remains unable to reclaim and hold above this key level, another downward move is likely. The long-term bearish outlook remains, with expectations that SOL could eventually fall below $50, especially after the rejection of the $95.26 resistance level in March.

Solana [SOL] has been trading within a range, for the most part, since the early February crash. This range reached from $78 to $92 and also represented a volatile day of trading that saw SOL drop from $92 to $78 on the 5th of March.

Source: SOL/USDT on TradingView

The fact that the price action has mostly been contained within this 1-day candlestick since then indicates a consolidation underway. Yet, this consolidation can have a few surprises left for the bulls.

Here’s why the next major SOL sell-off could be brewing

In a post on X, crypto analyst Ali Martinez pointed out why the 50-day Moving Average (MA) is important to the long-term Solana price trends. The analyst noted a pattern in play since November 2025, where SOL prices appeared to reclaim the 50-day MA, but were unable to do so for more than a short while.

A consolidation period under the 50-day MA, which was at $85.43 as of writing, has been succeeded by a sell-off since November 2025. The current consolidation could turn into another such bearish rout. This puts the range formation on the 1-day chart from earlier into context. It might not be the market participants testing out the local lows and establishing key demand zones.

Instead, Solana prices might be coiling before another southward expansion. The longer SOL remains unable to reclaim the 50-day MA and stay above it, the more likely such a sell-off would be, based on the past few months of price action.

This also ties in well with the long-term Solana trend expectations. AMBCrypto had reported in February that the $47.9 level was the next projected long-term price target. This was based on the weekly structure.

Source: SOL/USDT on TradingView

The higher timeframe bearish bias remained firm. The retest of the 2025 lows at $95.26 as resistance in March and the subsequent rejection solidified the claim that SOL would fall below the $50 round number level later in 2026.

Final Summary

  • SOL reclaimed the 50-day moving average briefly before falling below this dynamic support once more.
  • This pattern has occurred for the third time since November 2025. The previous two occurrences were followed by consolidation and a strong sell-off.

Trending Cryptos

ctr
CitreaCTR
wstusdt
wrapped stUSDTWSTUSDT
apr
aPrioriAPR
ctx
Cryptex FinanceCTX
audio
AudiusAUDIO
comp
CompoundCOMP
mantra
MantraMANTRA
waxl
AxelarWAXL
bill
Billions NetworkBILL
pyth
PYTH (Pyth)PYTH
rune
THORChainRUNE
velodrome
Velodrome FinanceVELODROME
brev
BrevisBREV
cake
PancakeSwapCAKE
jst
JUSTJST

Related Questions

QWhat is the key price range for Solana (SOL) mentioned in the article?

AThe key price range for Solana is between $78 and $92.

QAccording to analyst Ali Martinez, what technical indicator is crucial for Solana's long-term price trend?

AThe 50-day Moving Average (MA) is the crucial technical indicator for Solana's long-term price trend.

QWhat pattern has been observed with SOL's price and the 50-day MA since November 2025?

ASince November 2025, SOL price has repeatedly reclaimed the 50-day MA only to fall back below it after a short period, a pattern followed by consolidation and a strong sell-off.

QWhat is the projected long-term price target for SOL based on the weekly structure?

AThe projected long-term price target for SOL is $47.9.

QWhat event in March solidified the bearish bias for Solana's higher timeframe?

AThe retest of the 2025 lows at $95.26 as resistance and the subsequent rejection in March solidified the higher timeframe bearish bias.

Related Reads

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

Ray Dalio, founder of Bridgewater Associates, warns in an interview that the current AI boom shows classic bubble characteristics, which could lead to significant economic downturns as seen in past cycles like 1929 or 2000. He explains that speculative enthusiasm, fueled by debt and overvaluation, often precedes a crash when rising rates or taxation force asset sales, causing widespread losses and recession. Dalio also outlines his "Big Cycle" theory, describing an approximate 80-year pattern where widening wealth gaps, massive government deficits, and shifting geopolitical power (like China's rise) create internal conflict and global instability. He emphasizes that we are in a late-cycle, transitional phase where traditional powers like the US and UK face decline. For personal wealth protection, Dalio advises diversification beyond cash into assets like stocks, bonds, real estate, and particularly gold, which he prefers over Bitcoin. While he holds about 1% of his portfolio in Bitcoin as a non-printable hard asset, he views gold as more secure from technological or governmental threats. Regarding AI's impact, Dalio believes it will disproportionately benefit capital owners, worsening inequality by replacing both physical and cognitive labor. He suggests that human intuition and emotional intelligence, combined with AI, will be key for future workers. On taxation, Dalio argues that wealth taxes are impractical and risk triggering asset sell-offs, reducing productive investment. He points to the UK as a cautionary example of debt, low productivity, and political strife. Geopolitically, Dalio foresees a more regionalized world, with the US showing weakness in prolonged conflicts like with Iran, akin to past imperial declines. The ideal outcome, he suggests, is coexisting powerful blocs (e.g., Americas, China-Asia Pacific) without major war.

marsbit1h ago

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

marsbit1h ago

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

South Korean stock market sees a dramatic shift in fund flows. On July 31, foreign investors made a record net purchase of approximately KRW 7.2 trillion in KOSPI stocks, marking a fundamental reversal from the persistent large-scale net outflows seen in previous months. This contributed to a significant narrowing of foreign net selling in July to KRW 9.8 trillion, down sharply from KRW 48.4 trillion in June and KRW 44.5 trillion in May. Simultaneously, domestic institutional pressure eased. South Korean pension funds and asset managers turned to a net buying position in July, purchasing KRW 1.0 trillion worth of KOSPI shares, contrasting with net sales in May and June. Market volatility is expected to be dampened by new financial regulations. Effective July 31, the Financial Services Commission tightened access for retail investors to single-stock leveraged ETFs by raising the minimum cash deposit requirement. Trading volumes for these products subsequently dropped to about 50% of their monthly average. Citigroup Research maintains its year-end KOSPI target of 10,000 points. The firm cites several supportive factors: the substantial easing of headwinds from capital outflows, a robust fundamental outlook for the semiconductor sector, historically low market valuations, strong economic fundamentals, and the potential for policy support from financial authorities if needed.

marsbit1h ago

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

marsbit1h ago

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

OpenAI's next-generation AI model Astra achieves breakthroughs in 10 long-standing mathematical conjectures. The results, including constructing the first known infinite, finitely presented non-sofic group—resolving a major question since 1999—and advancing the high-dimensional sphere packing problem beyond a 46-year-old barrier, are detailed in a 249-page paper. Key proofs have been formally verified using Lean 4. The AI also refuted a rigidity conjecture by Fields Medalist Alain Connes. According to OpenAI, generating these proofs cost under $2,000. Experts describe the findings as potentially Fields Medal-worthy and a landmark moment for both mathematics and AI, showcasing the model's ability to produce profound, human-like reasoning across diverse fields like group theory, geometry, and operator algebras.

marsbit3h ago

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

marsbit3h ago

How to Make Yourself Irreplaceable by AI Forever

This article argues that the primary threat from AI is not job replacement, but remaining trapped in "wage slavery"—financial dependence on employers. The path to becoming irreplaceable is not resisting AI, but becoming an "unemployable" individual who builds their own meaningful enterprise. The author identifies five key elements for this: Agency (acting without permission), Taste (judging what's worthwhile), Persuasion, Persistence, and Iteration. The solution is to stop being a "pawn" in someone else's game. To start, you must fundamentally change your identity and environment, then engage in rapid, real-world trial and error. While both coding and creating media (content) are powerful, content is more crucial. AI can generate assets, but true value lies in subjective, human-driven content that builds trust and narrative. The actionable advice is to carve out 15 minutes to answer foundational questions: 1) Uncover your "raw material"—what you know deeply or solve effortlessly. 2) Define your contrarian perspective—what common beliefs you think are wrong. The intersection of these answers is your direction. Finally, you must launch by publishing your first core idea immediately, using the feedback to iterate and develop the skills needed for a self-directed life and career.

marsbit3h ago

How to Make Yourself Irreplaceable by AI Forever

marsbit3h ago

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

cryptonews.ru6h ago

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

cryptonews.ru6h ago

Trading

Spot

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of SOL (SOL) are presented below.

活动图片

Top Questions