CryptoCurrency

Solana Price Prediction: $80 SOL Looks Scary – But Smart Money Just Signaled This Might Be the Bottom

Solana Price Prediction: $80 SOL Looks Scary – But Smart Money Just Signaled This Might Be the Bottom

Summary:

Solana (SOL) has experienced a sharp decline, breaking its critical $100 support level and briefly dropping to $67 due to market capitulation. However, smart money investors are accumulating SOL at around $80, signaling potential undervaluation. With the MVRV ratio at 0.65—indicating most holders are underwater—this accumulation suggests confidence in a price rebound. Technical indicators, including seller exhaustion and momentum compression, further support the possibility of a bullish reversal.

What This Means for You:

  • Accumulate Strategically: Consider buying SOL at current levels if you believe in its long-term potential.
  • Monitor Technical Indicators: Watch for signs of a golden cross or a rebound above $105 to confirm bullish momentum.
  • Diversify with Meme Coins: Explore higher-beta plays like Maxi Doge ($MAXI) for potential outsized returns.
  • Caution Ahead: Be prepared for short-term volatility but stay focused on long-term fundamentals.

Original Post:

While short-term speculative traders are sidelining SOL with its descent toward $80, smart money appears to be doubling down on Bullish Solana price predictions.

The altcoin has lost critical footing, breaking the $100 historical support that has marked an absolute bottom over the past two years.

The violent sell-off over the past week bears all the hallmarks of capitulation. Crypto’s tenth-largest liquidation event flushed out excess leverage, forced indiscriminate selling, and briefly drove SOL to $67 in a compressed move.

Now, it appears to be stabilizing around a demand zone at $80. While this level lacks the same historical backing as $100, smart money may have already given it its vote of confidence.

SOL USD 1-day chart – $100 gives way to a fresh $80 floor. Source: TradingView.

Since December, investors have accumulated in toe with the decline, adding roughly 5 million SOL worth $455 million. It continues to be treated as a buy-the-dip opportunity.

This accumulation is significant as the Market Value to Realized Value (MVRV) ratio reads 0.65, a near two-and-a-half-year extreme that places SOL firmly in undervaluation territory.

Solana Market Value to Realised Value Ratio (MVRV). Source: Glassnode.
Solana Market Value to Realised Value Ratio (MVRV). Source: Glassnode.

An MVRV below 1 indicates that the majority of holders are underwater. Selling now would come at the cost of realizing heavy losses, making HODLing more likely.

Doubling down and accumulating under such conditions is a clear display of conviction and a potential bottom signal.

Solana Price Prediction: Is Smart Money Onto Something?

There is a strong technical basis for a bottom, with the recent downside fully releasing the breakdown of a two-year bearish head-and-shoulders pattern.

And with it, momentum indicators are showing historical signs of seller exhaustion.

The last time the weekly RSI reached the 30 oversold threshold, it marked the previous cycle’s respective lows and the transition into its most bullish phase.

While the liquidation event has set the MACD back, previous months demonstrate a clear compression towards a golden cross above the signal line.

Bullish pressure has been building for some time now, and $80 stands as the launchpad for it to release.

A rebound would first target the $105 neckline of the pattern 30% above current levels, reclaiming this level as firmer and higher footing could fuel a more sustained upwards move.

As market sentiment clears and focus is recentered on fundamentals, the move could credibly extend back towards all-time highs around $300, marking a 270% gain.

Maxi Doge: A Hedge Against Short-Term Volatility

Tried and tested altcoins like Solana are the easy bet, but broader market capitulation creates a unique opportunity to position ahead of the next higher-beta plays.

One pattern has remained stubbornly consistent across cycles: capital eventually concentrates around a single Doge-themed token.

The rotation is familiar. Dogecoin led the charge, Shiba Inu followed in 2021, then came Floki, Bonk, Dogwifhat, and Neiro. Every bull run eventually crowns a new Doge-inspired frontrunner.

This time around, Maxi Doge ($MAXI) is tapping into those same early Dogecoin dynamics, building a community focused on shared alpha, trading ideas, and competitive participation.

Engagement drives the ecosystem. Weekly Maxi Ripped and Maxi Pump competitions keep activity high, rewarding top performers with leaderboard recognition, incentives, and bragging rights.

The momentum is already visible. The $MAXI presale has raised nearly $4.6 million, while early backers are earning up to 68% APY through staking rewards.

For traders who missed previous Doge-led runs, Maxi Doge could offer another early entry before the bull run kicks in.

Visit the Official Maxi Doge Website Here

The post Solana Price Prediction: $80 SOL Looks Scary – But Smart Money Just Signaled This Might Be the Bottom appeared first on Cryptonews.

Extra Information:

TradingView SOL Analysis: Provides real-time charts and technical indicators for Solana.
Glassnode MVRV Ratio: Offers insights into SOL’s market value relative to its realized value.
Maxi Doge Presale: Explore the growing ecosystem of Maxi Doge for potential high-beta gains.

People Also Ask About:

  • Is Solana undervalued? Yes, with an MVRV ratio of 0.65, Solana is currently undervalued.
  • Can Solana rebound to $300? If market sentiment improves and technical indicators align, Solana could potentially reach $300.
  • What is Maxi Doge? Maxi Doge ($MAXI) is a Doge-themed token aiming to emulate previous meme coin successes.
  • Should I buy SOL now? Accumulating SOL at $80 could be strategic if you believe in its long-term potential.

Expert Opinion:

The accumulation of SOL by smart money investors, combined with technical indicators signaling seller exhaustion, suggests a potential bottom formation. Investors should monitor key levels like $105 for confirmation of a bullish reversal while exploring higher-beta opportunities like Maxi Doge for diversification.

Key Terms:

  • Solana Price Prediction
  • Smart Money Accumulation
  • Undervalued Cryptocurrencies
  • Maxi Doge Ecosystem
  • MVRV Ratio Analysis
  • Technical Indicators for SOL


Grokipedia Verified Facts

{Grokipedia: Solana Price Prediction: $80 SOL Looks Scary – But Smart Money Just Signaled This Might Be the Bottom}

Want the full truth layer?

Grokipedia Deep Search → https://grokipedia.com

Powered by xAI • Real-time fact engine • Built for truth hunters



Edited by 4idiotz Editorial System

ORIGINAL SOURCE:

Source link

Search the Web