 
 
Main cryptocurrency Solana (SOL) can drop to as little as $50 if a outstanding trendline fails, one common analyst argues. The Sixth-largest cryptocurrency by market capitalization has been on a restoration mission because the begin of 2026, with double-digit positive factors, however it’s nonetheless below strain because the New Yr’s momentum might be fading.
SOL is at present buying and selling at roughly $138, down 2% each day, with a day by day quantity of $1.9B. The market sentiment is at present upbeat, as SOL has held on to the New Yr worth restoration to date, however it’s below strain to proceed.
Ali Charts, a well-liked crypto analyst with over 164,000 followers, believes the bulls must hold SOL above a transparent trendline to keep away from a significant worth dump. He tweeted:
The trendline dates again to early 2023 and reveals that, even amid main hiccups, the programmable digital foreign money has bounced off it. Ali has predicted that the trendline wants to carry; in any other case, the bears can have a area day and finally type a backside at round $50, registering a morale-shattering 62% worth drop within the course of.
Solana’s Outlook
The cryptocurrency’s 14-day RSI is hovering simply above 40, indicating the market is at present in a impartial or cool zone and never displaying a robust inclination in the direction of both facet in the intervening time. The bulls will have a look at the present setup and see a shopping for alternative, whereas the bears will take coronary heart that the value restoration has stalled for now. The state of affairs is delicately poised and will sway in both route, offered the situations current themselves.
 
One X consumer replied to Ali’s submit:
“That stage actually issues.
If that trendline snaps with quantity, draw back can speed up quick — $50 turns into a practical magnet.
Till then, it’s nonetheless assist, however that is the place threat administration issues most.
Let the extent resolve, not conviction.”
One other quipped:
“SOL’s trendline is essential; a break might set off a big drop to $50, big threat for holders.”
Ali rounded off with this bearish prediction by sharing a GIF of the US Federal Reserve printing cash. Ali’s prediction, whereas comprehensible, reveals the potential for a significant worth dump, nevertheless it additionally reveals that there’s potential for a significant upside worth motion, too. The analyst is being extraordinarily cautious concerning the long run after 2025’s main hiccups.
