Dmytro Kharkov

Solana edges higher as Strait of Hormuz shutdown disrupts global markets

Solana edges higher as Strait of Hormuz shutdown disrupts global markets
Solana rises 1.04% today to $83.92

Solana (SOL) is trading at $83.92, up 1.04% for the day. The asset remains positioned below its SMA-20 ($88.07), SMA-50 ($85.79), and significantly under the SMA-200 ($139.67), reflecting persistent short- and medium-term selling pressure and a firmly bearish long-term structure. The Ichimoku Kijun at $88.32 poses immediate resistance.

SOL price prediction
24H 0.72%
$76.91
48H 2.99%
$78.64
7D 0.97%
$77.1
1M 6.09%
$81.01
3M 47.63%
$112.73
6M 26.7%
$96.75
12M -9.38%
$69.2
Current price: $ 76.36 0.12 0.16%
Real-time Data 14:07
Daily range 75.5 Arrow from to Icon 77.4
Weekly range 73.39 Arrow from to Icon 79.04
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Highlights

  • Escalating Middle East conflict and the closure of the Strait of Hormuz are driving up energy prices, amplifying macroeconomic and market stress affecting Solana.
  • Rising U.S. rates, regulatory scrutiny of blockchain networks, and risk-off sentiment are limiting Solana's liquidity and capital access for all investor classes.
  • Solana trades below major technical benchmarks with momentum indicators bearish; price is likely to range between $81.00 and $87.00, with further downside risk if support fails.

Liquidity constraints rise amid geopolitical and regulatory headwinds

Ongoing armed conflict in the Middle East and the shutdown of the Strait of Hormuz have disrupted global energy flows, driving up crude oil prices and creating significant macroeconomic turbulence. U.S. tariff policies and heightened geopolitical uncertainties have increased market volatility, constraining liquidity for risk assets including Solana. Regulators in Washington have shifted from questioning the existence of blockchain-based systems to actively scrutinizing the mechanics of digital asset networks and their interaction with existing legal frameworks, subjecting Solana and other platforms to greater regulatory review. Interest rate policies by the Federal Reserve remain hawkish, curbing access to cheap liquidity and limiting capital inflows into crypto assets. Inflation fears persist alongside geopolitical turmoil, weighing on the Solana ecosystem and impacting asset accessibility for both institutional and retail participants.

Solana asset chart
Solana price dynamics. Source: TradingView.

Downside risk dominates as momentum signals remain weak

The technical outlook for SOL remains weak. The price is stuck below all key moving averages, with the Ichimoku Kijun at $88.32 reinforcing nearby resistance. Indicators such as the daily MACD and ADX highlight a lack of bullish momentum. The RSI stands at 42.54, with Stoch RSI and CCI reflecting ongoing or near-oversold conditions. BBP registers a deep negative reading at –1.28, confirming that sellers continue to dominate the short-term trend. Although price action shows some intraday strength in the upper half of today’s range ($82.61 – $84.69), oscillators as a whole indicate continued downside risk and clear divergence between intraday technical exhaustion and broader downward pressure.

Sideways outlook favored as breakout odds remain limited

The expected trading range for SOL in the next five sessions is $81.00 to $87.00, reflecting typical volatility relative to current levels. The probability of an upside breakout above $88.00 is considered very low (less than 20%) as all weekly trend indicators maintain a bearish profile. The baseline scenario projects sideways movement below resistance, while a decisive close above $88.00 is required for a bullish case to emerge. Should support at $81.00 fail, renewed downside momentum may follow.

Anton Kharitonov, expert at Traders Union, sees Solana as locked in a structurally bearish phase. He notes the asset is pressured by both technical weakness and negative global events, with regulatory and macroeconomic headwinds compounding the risk. Resistance remains dominant near $88.00 while support at $81.00 is crucial for the near term. "Base case remains sideways to lower unless SOL can reclaim $88.00 with conviction — I remain defensive here."

Earlier, analysts noted that sustained selling pressure and persistent bearish signals defined Solana’s overall market structure. The latest analysis not only confirms this outlook but also highlights that escalating geopolitical tensions and tightening liquidity conditions are amplifying downside risks, making $81.00 a key support level for traders to monitor in the coming sessions.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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