Currencies36507
Market Cap$ 3.27T-1.27%
24h Spot Volume$ 1.92T+6,380%
DominanceBTC56.87%-0.96%ETH11.87%-2.39%
ETH Gas0.04 Gwei
/

Solana Price Prediction: $59M Long Liquidations Drag SOL Below EMA Cluster


by Parshwa Turakhiya
for CoinEdition
Solana Price Prediction: $59M Long Liquidations Drag SOL Below EMA Cluster

Share:

  • Solana drops below both the 20 and 50-day EMAs as sellers force a 3.19% decline to $133.42 in a single session.
  • Derivatives data shows $59.51 million in long liquidations over 24 hours while open interest drops 7.66%, signaling capitulation.
  • RSI crashes to 19.13 on the 30-minute chart, marking deeply oversold conditions that may attract short-term bounce attempts

Solana price today trades near $133.42 after breaking below the 20 and 50-day EMA cluster in a sharp selloff. The move triggered a cascade of long liquidations, flushing leveraged positions that had accumulated during the recent range-bound action.

Long Liquidations Accelerate The Drop

SOL Derivative Analysis (Source: Coinglass)

Derivatives markets absorbed significant damage over the past 24 hours. According to Coinglass, $59.51 million in long positions were liquidated compared to just $1.42 millio…

Read The Full Article Solana Price Prediction: $59M Long Liquidations Drag SOL Below EMA Cluster On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 133.59

-5.96%

$ 134.00

-6.18%

Share:

In This News

Coins

$ 133.59

-5.96%

$ 134.00

-6.18%

Share:

Read More

Solana ETFs Record First Outflow in Over Six Weeks with $2.22M in Withdrawals

Solana ETFs Record First Outflow in Over Six Weeks with $2.22M in Withdrawals

Solana spot ETFs saw $2.22M outflow on Jan 16, while weekly inflows reached $46.88M a...
Solana (SOL) Founder Anatoly Yakovenko Harshly Criticizes Rival Altcoin Founder! “To Avoid Disappearance….”

Solana (SOL) Founder Anatoly Yakovenko Harshly Criticizes Rival Altcoin Founder! “To Avoid Disappearance….”

Anatoly Yakovenko, co-founder of Solana (SOL), presented a blockchain philosophy that...

Solana Price Prediction: $59M Long Liquidations Drag SOL Below EMA Cluster


by Parshwa Turakhiya
for CoinEdition
Solana Price Prediction: $59M Long Liquidations Drag SOL Below EMA Cluster

Share:

  • Solana drops below both the 20 and 50-day EMAs as sellers force a 3.19% decline to $133.42 in a single session.
  • Derivatives data shows $59.51 million in long liquidations over 24 hours while open interest drops 7.66%, signaling capitulation.
  • RSI crashes to 19.13 on the 30-minute chart, marking deeply oversold conditions that may attract short-term bounce attempts

Solana price today trades near $133.42 after breaking below the 20 and 50-day EMA cluster in a sharp selloff. The move triggered a cascade of long liquidations, flushing leveraged positions that had accumulated during the recent range-bound action.

Long Liquidations Accelerate The Drop

SOL Derivative Analysis (Source: Coinglass)

Derivatives markets absorbed significant damage over the past 24 hours. According to Coinglass, $59.51 million in long positions were liquidated compared to just $1.42 millio…

Read The Full Article Solana Price Prediction: $59M Long Liquidations Drag SOL Below EMA Cluster On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 133.59

-5.96%

$ 134.00

-6.18%

Share:

In This News

Coins

$ 133.59

-5.96%

$ 134.00

-6.18%

Share:

Read More

Solana ETFs Record First Outflow in Over Six Weeks with $2.22M in Withdrawals

Solana ETFs Record First Outflow in Over Six Weeks with $2.22M in Withdrawals

Solana spot ETFs saw $2.22M outflow on Jan 16, while weekly inflows reached $46.88M a...
Solana (SOL) Founder Anatoly Yakovenko Harshly Criticizes Rival Altcoin Founder! “To Avoid Disappearance….”

Solana (SOL) Founder Anatoly Yakovenko Harshly Criticizes Rival Altcoin Founder! “To Avoid Disappearance….”

Anatoly Yakovenko, co-founder of Solana (SOL), presented a blockchain philosophy that...