Will Solana (SOL) price reclaim $200 or crash to $75?

Solana (SOL) is making headlines again arsenic it swings up and down, leaving traders wondering if it volition ever deed $200 again oregon driblet lower. 

The cryptocurrency saw a large pump connected March 2nd aft President Donald Trump announced the Crypto Strategic Reserve with a database including SOL, on with XRP, Bitcoin, Etheurm, and Cardano. Trump made it wide that helium wants the U.S. to pb successful crypto.

Investors took the quality arsenic a bullish sign; they pumped the coin, but not for long, arsenic it started to driblet successful worth erstwhile again

Right now, Solana is trading astatine $145.14, moving betwixt $140.43 and $149.49 successful the past 24 hours. It’s inactive acold from its all-time precocious of $294.33 successful January 2025, but immoderate judge it could get determination again. However, expert judge $200 is not thing Sol tin easy cross, and it tin adjacent driblet further from the existent price.

Will Solana clang to $75?

Crypto expert @CryptoJobs3 connected X thinks Solana volition enactment betwixt the $153 and $138 terms scope for now. He sees $118 to $125 arsenic a beardown enactment portion that the terms is apt to respect. But if SOL drops beneath $115, it could clang to $75 oregon $80. On the flip side, a interruption supra $155 mightiness propulsion it to $180 oregon $185.

Cryptojobs illustration pointing retired cardinal enactment levels | Source: X

Another trader, TB21Crypto gave a similar. He said $126 is simply a captious level. If Solana loses this support, it could pb to a bigger downtrend. 

“The coin has shown highly beardown terms enactment successful this bull marketplace cycle. It is inactive holding the enactment portion astatine $126. If SOL loses this level, which aligns with the 0.236 Fibonacci retracement, a downtrend could begin,” helium tweeted.

Meanwhile, Analyst Marzell is highly bullish with his prediction. He points retired that SOL and surge by 45% from its enactment level of $120. He believes this rally volition proceed for a portion and sees a imaginable 90% to 162$ surge with terms targets of $296.38, $339.55, and $384.56.

Marzell’s illustration prediction connected a play timeframe | Source: X

Moreover, method indicators similar the Relative Strength Index (RSI) connected the play clip framework are showing that the coin is astir to participate an oversold condition, which means the selling unit mightiness soon beryllium over, and the bulls could astir apt instrumentality over. 

However, the risks inactive remain, and thing is certain. The adjacent fewer days volition archer what happens next.

Also Read: Hamster Network Hits 34,028 TPS, Beating Solana and Aptos