{"id":67846,"date":"2026-02-09T13:02:58","date_gmt":"2026-02-09T13:02:58","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/solana-price-near-key-75-support-as-rsi-oversold-signals-potential-bounce\/"},"modified":"2026-02-09T13:02:58","modified_gmt":"2026-02-09T13:02:58","slug":"solana-price-near-key-75-support-as-rsi-oversold-signals-potential-bounce","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/solana-price-near-key-75-support-as-rsi-oversold-signals-potential-bounce\/","title":{"rendered":"Solana price near key $75 support as RSI oversold signals potential bounce"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/shutterstock_2153917937-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/shutterstock_2153917937-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/shutterstock_2153917937-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/shutterstock_2153917937-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Solana (SOL) currently trades near $83 after a nearly 39% monthly drop.<\/li>\n<li>Weekly and daily RSI signal the token is oversold, hinting at a possible short bounce.<\/li>\n<li>The key support around $75 is critical to prevent further decline.<\/li>\n<\/ul>\n<p>Solana (SOL) has been under intense pressure in recent weeks.<\/p>\n<p>The altcoin currently trades around $83, down nearly 39% over the past month.<\/p>\n<p>This decline comes amid <a href=\"https:\/\/coinjournal.net\/news\/is-the-ethereum-rebound-over-eth-price-slips-towards-2k-after-hitting-2136\/\">broader weakness in the crypto market<\/a> and low retail engagement.<\/p>\n<p>Technical analysis shows that SOL\u2019s weekly Relative Strength Index (RSI) is deeply oversold.<\/p>\n<p>Some are suggesting that the token may have reached a \u201cfinal dip,\u201d referencing a long-term structural support around the $75 level, and eyes are now on whether this support can hold.<\/p>\n<h2>Solana price technical analysis<\/h2>\n<p>From a technical standpoint, Solana\u2019s trading volume remains high, with over $3.9 billion exchanging in the past 24 hours.<\/p>\n<p>But despite this high activity, the token is trading well below key moving averages.<\/p>\n<p>The 50-day and 200-day averages now act as the immediate resistance levels and remain out of reach for now.<\/p>\n<p>Short-term momentum indicators, including the MACD histogram, have flattened, reflecting waning bearish momentum.<\/p>\n<p>In addition, on the daily and weekly charts, RSI remains near historic lows, indicating extreme oversold conditions.<\/p>\n<figure id=\"attachment_360794\" aria-describedby=\"caption-attachment-360794\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"wp-image-360794 size-full\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/Solana-price-chart.png\" alt=\"Solana price chart\" width=\"1367\" height=\"900\"\/><figcaption id=\"caption-attachment-360794\" class=\"wp-caption-text\">Solana price chart | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/n7WskMvZ\/?symbol=COINBASE%3ASOLUSD\">TradingView<\/a><\/figcaption><\/figure>\n<p>This combination suggests potential for a short-term relief bounce, though trend reversal is not guaranteed.<\/p>\n<h2>Market sentiment shows a muted retail engagement<\/h2>\n<p>Retail interest in Solana remains muted, with recent reports showing low futures open interest, signalling that traders are reducing exposure.<\/p>\n<p>Derivatives funding rates are also negative, suggesting bias toward short positions.<\/p>\n<p>Solana ETFs have also recorded outflows, reinforcing weak institutional participation.<\/p>\n<p>Analysts note that these factors add to the bearish pressure on the token.<\/p>\n<p>Still, technical indicators hint at a potential stabilisation near critical support zones, with the $75 level having been repeatedly cited as key support in recent forecasts.<\/p>\n<p>Breaking below this threshold could open the door to further downside, possibly toward $67 or even $51 in extreme scenarios.<\/p>\n<p>On the upside, recovery faces resistance around $111 and $138, which would need to be breached to shift the market sentiment positively.<\/p>\n<h2>Long-term Solana market analysis<\/h2>\n<p>Long-term forecasts for Solana remain mixed.<\/p>\n<p>Some analysts <a href=\"https:\/\/www.coinlore.com\/coin\/solana\/forecast\/price-prediction\">foresee<\/a> recovery toward the mid-$100s if support holds and broader market conditions improve.<\/p>\n<p>Bullish projections even extend toward $250, though these are contingent on sustained buying pressure and macro-level stability.<\/p>\n<p>For now, the focus remains on short-term price stability.<\/p>\n<p>Investors and traders should keep a close eye on the $75 support, viewing it as a potential floor for consolidation.<\/p>\n<p>SOL\u2019s trajectory will likely depend on a combination of market sentiment, institutional flows, and technical momentum.<\/p>\n<p>As it stands, Solana is navigating a critical juncture where its next move could define the tone for the coming months.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/solana-price-near-key-75-support-as-rsi-oversold-signals-potential-bounce\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Solana (SOL) currently trades near $83 after a nearly 39% monthly drop. Weekly and daily RSI signal the token is oversold, hinting at a possible short bounce. The key support around $75 is critical to prevent further decline. Solana (SOL) has [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":67847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67846"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=67846"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67846\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/67847"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=67846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=67846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=67846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}