Solana, Cardano Crater 8% As Bitcoin Dip Causes Another Altcoin Disaster
Posted On October 30, 2025
Solana (CRYPTO: SOL) and Cardano (CRYPTO: ADA) are flashing buy signals even as both coins plunge 8%.
Solana Price Defends $185 Channel Base As Bulls Eye Reversal
SOL Price Action (Source: TradingView)
Solana trades near $185, down 4.5% in the last session, as the market absorbs sharp volatility.
Despite the drop, technicals show SOL holding firm within its ascending channel that has guided price action since April.
The lower boundary, sitting around $180–185, has repeatedly acted as a rebound zone.
The 200-day EMA at $187 and the mid-Bollinger Band at $191 converge near the same level, reinforcing structural support.
$400M Solana Outflows Hint At Capitulation Before Next Rally
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