{"id":34732,"date":"2025-07-30T19:36:58","date_gmt":"2025-07-30T19:36:58","guid":{"rendered":"https:\/\/financialrush.com\/?p=34732"},"modified":"2025-07-30T19:36:58","modified_gmt":"2025-07-30T19:36:58","slug":"solana-sol-plunges-by-10-weekly-but-this-market-signal-says-buy-the-dip","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=34732","title":{"rendered":"Solana (SOL) Plunges by 10% Weekly, But This Market Signal Says &#8216;Buy the Dip&#8217;"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Analysts point to certain indicators that suggest SOL could be poised for a rally in the near future. Some of the biggest optimists believe the price could soar to a new all-time high of $400.<\/li>\n<li>SOL\u2019s RSI hovers just above 30, signaling oversold conditions. Combined with increased token withdrawals from crypto exchanges, this could reduce sell pressure and hint at a possible short-term recovery.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SOL_CB-5.jpg\" data-wpel-link=\"internal\"><\/a><\/p>\n<h2 id=\"buying-opportunity\">Buying Opportunity?<\/h2>\n<p><span data-preserver-spaces=\"true\">Solana\u2019s SOL has declined by over 10% in the past week, currently valued at around $177 (according to CoinGecko\u2019s data). However, the X user, Ali Martinez, estimated that the TD Sequential indicator has flashed a buy signal.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Buy the Solana <a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$SOL<\/a> dip, says the Tom DeMark Sequential indicator! <a href=\"https:\/\/t.co\/cyE5MR45DY\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/cyE5MR45DY<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1950367489960837561?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">July 30, 2025<\/a><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">The analyst isn\u2019t the only one with a bullish stance following the price drop. One X user <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/RJTTheOG\/status\/1950450319760167024\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">claimed<\/span><\/a><span data-preserver-spaces=\"true\"> SOL \u201cis setting the pace,\u201d predicting a pump to as high as $400.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cIgnore the noise. <\/span><span data-preserver-spaces=\"true\">This<\/span><span data-preserver-spaces=\"true\"> isn\u2019t hype, it\u2019s a shift in momentum. Smart money isn\u2019t chasing later \u2013 it\u2019s positioning now. Solana season is real,\u201d they added.\u00a0<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">BitBull <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/AkaBull_\/status\/1950101887014879501\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">thinks<\/span><\/a><span data-preserver-spaces=\"true\"> SOL\u2019s current price performance resembles that of 2023, which <\/span><span data-preserver-spaces=\"true\">was followed<\/span><span data-preserver-spaces=\"true\"> by a <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> breakout. The analyst argued that the activity in the Solana network is still <\/span><span data-preserver-spaces=\"true\">strong<\/span><span data-preserver-spaces=\"true\">, while institutional inflows \u201care coming.\u201d<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cAll it needs now is a weekly close above $230, and <\/span><span data-preserver-spaces=\"true\">SOL<\/span><span data-preserver-spaces=\"true\"> parabolic run will start,\u201d the X user suggested.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">AlejandroBTC stands in the opposite corner, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/Alejandro_XBT\/status\/1950511080507130116\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">claiming<\/span><\/a><span data-preserver-spaces=\"true\"> there\u2019s no real momentum, while exit liquidity is \u201cgetting thinner by the day.\u201d <\/span><span data-preserver-spaces=\"true\">The analyst forecasted that SOL\u2019s price could continue to <\/span><span data-preserver-spaces=\"true\">plunge<\/span><span data-preserver-spaces=\"true\">, warning investors that the <\/span><span data-preserver-spaces=\"true\">altcoins are<\/span><span data-preserver-spaces=\"true\"> not in a bull market.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<h2 id=\"observing-other-metrics\"><span data-preserver-spaces=\"true\">Observing Other Metrics<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Over the past several months, the shift of SOL tokens from crypto exchanges toward self-custody methods has been more than evident. This results in reduced immediate selling pressure.<\/span><\/p>\n<figure id=\"attachment_406550\" aria-describedby=\"caption-attachment-406550\" style=\"width: 1450px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SOL-Exchange-Netflow.png\" data-wpel-link=\"internal\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-406550\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxMzgxIDM4MSIgd2lkdGg9IjEzODEiIGhlaWdodD0iMzgxIiBkYXRhLXU9Imh0dHBzJTNBJTJGJTJGY3J5cHRvcG90YXRvLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNSUyRjA3JTJGU09MLUV4Y2hhbmdlLU5ldGZsb3cucG5nIiBkYXRhLXc9IjEzODEiIGRhdGEtaD0iMzgxIiBkYXRhLWJpcD0iIj48L3N2Zz4=\" data-spai=\"1\" alt=\"SOL Exchange Netflow\" width=\"1450\" height=\"400\"\/><\/a><figcaption id=\"caption-attachment-406550\" class=\"wp-caption-text\">SOL Exchange Netflow, Source: CoinGlass<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Solana\u2019s Relative Strength Index is the next technical analysis tool we will touch upon. It tracks the speed and magnitude of recent price changes\u00a0and helps traders identify overbought or oversold conditions. The metric varies from 0 to 100, and ratios around or below 30 suggest SOL could be headed for a rebound, while anything above 70 is considered bearish territory. Currently, the RSI stands at just over 30.\u00a0<\/span><\/p>\n<figure id=\"attachment_406551\" aria-describedby=\"caption-attachment-406551\" style=\"width: 2487px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/SOL-RSI.png\" data-wpel-link=\"internal\"><img decoding=\"async\" class=\"wp-image-406551\" src=\"data:image\/svg+xml;base64,PHN2ZyB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciIHZpZXdCb3g9IjAgMCAxMjAwIDE5MyIgd2lkdGg9IjEyMDAiIGhlaWdodD0iMTkzIiBkYXRhLXU9Imh0dHBzJTNBJTJGJTJGY3J5cHRvcG90YXRvLmNvbSUyRndwLWNvbnRlbnQlMkZ1cGxvYWRzJTJGMjAyNSUyRjA3JTJGU09MLVJTSS5wbmciIGRhdGEtdz0iMTIwMCIgZGF0YS1oPSIxOTMiIGRhdGEtYmlwPSIiPjwvc3ZnPg==\" data-spai=\"1\" alt=\"SOL RSI\" width=\"2487\" height=\"400\"\/><\/a><figcaption id=\"caption-attachment-406551\" class=\"wp-caption-text\">SOL RSI, Source: CryptoWaves<\/figcaption><\/figure>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><center><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Sponsored)<\/span><\/center><br \/>\n<b>Binance Free $600 (CryptoPotato Exclusive): <a href=\"https:\/\/cryptopotato.com\/binance600f\/\" rel=\"nofollow\" data-wpel-link=\"internal\">Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (<a href=\"https:\/\/cryptopotato.com\/binance600d\/\" data-wpel-link=\"internal\">full details<\/a>).<\/p>\n<p><b>LIMITED OFFER for CryptoPotato readers at Bybit: <a href=\"https:\/\/cryptopotato.com\/pl\/bybit24\/\" rel=\"nofollow\" data-wpel-link=\"internal\">Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- AI CONTENT END 1 --><\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>\n<br \/><a href=\"https:\/\/cryptopotato.com\/solana-sol-plunges-by-10-weekly-but-this-market-signal-says-buy-the-dip\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"TL;DR Analysts point to certain indicators that suggest SOL could be poised for a rally in the near&hellip;\n","protected":false},"author":2,"featured_media":34733,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"post-34732","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto","8":"cs-entry","9":"cs-video-wrap"},"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/34732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34732"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/34732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/34733"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}