The post Solana Slumps to the $80 Critical Support appeared on BitcoinEthereumNews.com.

// Price Reading time: 2 min Published: Mar 21, 2026 at 11:15 Solana (SOL) prices surged above the moving average lines, reaching a high of $97.
SOL price long-term prediction: bullish
However, buyers were unable to maintain positive momentum above the $100 level. The price had previously broken above the 21-day and 50-day SMA boundaries during a period of sideways movement. Following the rejection at the recent high, the cryptocurrency price has now fallen but remains above the 50-day SMA.

On the downside, if bearish momentum pushes the price below the moving average lines, Solana could fall to its previous lows of $80 and $75.

However, if the 50-day SMA support holds, the cryptocurrency price may return to previous highs. Meanwhile, the altcoin has resumed its downward trend.
Technical indicators

Key supply zones: $220, $240, $260

Key demand zones: $140, $120, $100

SOL price indicators
Solana has declined and is now trading between the 21-day SMA support and the 50-day SMA resistance. The moving average lines remain horizontal, indicating a sideways trend. On the 4-hour chart, the price bars are below the horizontal moving average lines. The price bars have fluctuated both below and above the moving average lines, indicating sideways movement.

What is the next move for Solana?
Solana price continue to trade sideways, above the $80 support but below the $100 resistance level. SOL has depreciated, falling to a low of $88, and the decline may continue.

However, the price action has been marked by Doji candlesticks, causing the altcoin to remain range-bound. Doji candlesticks indicate that traders are uncertain about the market direction.

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided…

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Filed under: News - @ March 21, 2026 11:26 am