Altcoins

Solana in Freefall? $84 Incoming as Cardano Cracks Key Support

Solana and Cardano are teetering at a tipping point as market storm clouds gather. With Solana dancing around the critical $100 level and whispers of a nosedive to $84 gaining traction, traders are asking the big question: Is this just a correction—or the beginning of a breakdown? Meanwhile, Cardano just lost a major support zone, signaling possible deeper losses unless bulls stage a comeback. Let’s break down the market turbulence—and what’s next for SOL and ADA amid rising geopolitical and macroeconomic pressure.

Solana Price in Crisis Mode: $100 Floor or Freefall to $84?

Solana’s chart paints a story of controlled descent—until now. With a 30% drop over the past six months, the coin has been grinding lower in a channel of lower highs and weak bullish conviction. The key trading range has shifted to $98–$166, but support levels are eroding fast, especially as bears eye the $84 level—a psychological and technical floor.

Current Technical Outlook:

  • Support zones: $100 (soft) and $84 (critical).
  • Resistance zones: $135 and $166 short-term; $207 long-term.
  • Indicators: RSI hovering near oversold (34), MACD signaling bearish continuation, volume declining—suggesting weak buying interest.
But there’s more at play than just price charts.

Macro Shockwaves: Can SOL Withstand a Global Economic Repricing?

As the U.S. accelerates its tariff war against major economies—from China to the EU and beyond—markets are bracing for impact. The ripple effect? A potential slow-motion global recession that could shake crypto valuations across the board. And for Solana, the risk is acute.
  • If risk-off sentiment deepens, we could see a sharp retreat to $84 or even $71, especially if altcoin liquidity dries up.
  • If macro tensions trigger broader USD weakness, it might ironically support crypto, but capital will likely flow to BTC/ETH before trickling to SOL.
  • Institutional sentiment is cooling, and with SOL closely tied to DeFi and NFT ecosystems, investor caution could lead to underperformance vs. peers.

Cardano Breakdown: Can ADA Recover After Losing Major Support?

Cardano (ADA) is down 36.8% in just the last month, slipping under crucial support around $0.47, and now navigating a fragile range between $0.27 and $1.02. Momentum is firmly bearish, and RSI at 29 is screaming oversold—but with no catalyst in sight, bulls are running out of time.
  • Support to watch: $0.27 (last-ditch).
  • Resistance: $0.72 short-term, $1.37 medium-term.
  • Momentum: Still negative, suggesting further downside without a strong reversal signal.

Final Take: SOL & ADA—Short-Term Pain or Long-Term Opportunity?

Both Solana and Cardano are under pressure, with macro headwinds adding fuel to the fire. While technicals suggest SOL may capitulate toward $84, long-term investors could see these levels as potential accumulation zones, especially if broader crypto sentiment rebounds in H2 2025. For now, caution rules the day—but for traders watching closely, the next 2–3 weeks will reveal whether these dips are traps or golden entry points.
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A 27-year-old writer and digital storyteller with a deep interest in emerging technologies and digital finance. Currently writes about the crypto world, covering everything from blockchain innovations to global political events that influence the crypto market. With a sharp eye for trends and a passion for making the crypto space more accessible, she brings both insight and clarity to this fast-moving industry.

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