Crypto Trader Predicts Solana 50% Price Crash To | Crypto News
Solana (SOL) could possibly be dealing with one of its most vital technical exams in current months, with crypto trader Jussy warning that a breakdown at a key stage might set off a collapse toward costs not seen since earlier bear market cycles. With the cryptocurrency trading above this stage and forming two bearish patterns across a number of timeframes, the analyst has set two major crash targets for SOL. However, only one of these patterns could lead on to a staggering 50% decline to $30 once the price breaks.Â
Solana Bear Flag Pattern Signals Crash To $30
On Tuesday, February 24, Jussy took to X, warning crypto buyers and merchants that Solana could possibly be heading toward a dramatic price collapse. The analyst notes that the main sensible contract token is at the moment at a vital help stage of $76.57 on the price chart that might outline its next bearish transfer.Â
Looking at the daily chart, Jussy has recognized a Bear Flag formation that has been developing since early February 2026. The sample reveals price consolidating within a descending channel after a steep sell-off from above $112, underscoring Solana’s continued downtrend over the past months.Â
Should the $76.57 help stage give means, the analyst initiatives a measured transfer from the Bear Flag sample to $37.88, representing a potential decline of more than 50% from current ranges. Jussy also said in his analysis that Solana is on a path to $30, suggesting the altcoin might fall even additional to that stage.Â
Notably, the analyst’s bearish forecast arrives amid Solana’s current price struggles, as broader market volatility and shifting investor sentiment weigh closely on the sector. With the crypto bear market already in full swing, SOL has been trading sideways, mirroring the weak efficiency across major cryptocurrencies, including Bitcoin.Â
CoinMarketCap’s data also reveals that Solana’s price has fallen by more than 38% since the start of the 12 months. While it was trending downward just last week, the altcoin has since staged a slight recovery from the $76 stage, highlighted in Jussy’s chart analysis. As of writing, SOL is trading above $86, up more than 13% from the vital help stage. Should upward momentum persist, it might signal a potential deviation from the analyst’s bearish $30 forecast.Â
Triple Top Pattern Signals Lesser Decline To $60
For his second bearish forecast, Jussy highlighted that Solana has fashioned a Triple Top sample on its four-hour chart. This sample is characterised by three successive failed makes an attempt to push greater, with each one printing at a decrease peak than the last. The construction, seen across the January and February price motion, suggests consumers have been steadily dropping momentum after each recovery attempt.Â
If the $76.57 help stage breaks, Jussy sees a measured transfer from the Triple Top sample down to $61.73 as Solana’s next goal. A drop to this stage would signify a roughly 19% crash from the help space.Â
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