Why is SOLUSD dropping today?

SOLUSD declined 1.39% as part of broader crypto market weakness. According to CoinDesk, the crypto market is experiencing risk-off sentiment as investors seek exit opportunities despite positive developments. Leverage liquidations and profit-taking have contributed to selling pressure across major cryptocurrencies.

What does the RSI at 33.09 mean for SOLUSD?

An RSI of 33.09 indicates oversold conditions, suggesting selling pressure is diminishing. Historically, RSI below 30 often precedes bounces as buyers step in. However, oversold conditions don't guarantee immediate recovery, especially when strong downtrends are in place.

What is the SOLUSD price forecast for 2026?

The yearly forecast for SOLUSD targets $219.24, representing a 157.6% gain from current levels. Quarterly forecasts suggest $116.45, while three-year targets reach $285.43. These projections assume recovery from current oversold conditions and depend on market conditions and regulatory developments.

Where is SOLUSD support and resistance?

The Bollinger Bands lower band at $62.84 provides strong support, while the middle band at $101.95 acts as a pivot. Resistance sits at the upper band of $141.06. The 50-day moving average at $117.53 represents intermediate resistance that must be reclaimed for sustained recovery.

Is SOLUSD oversold right now?

Yes, multiple indicators confirm oversold conditions. The RSI at 33.09 is below 30, the MFI at 13.17 shows extreme oversold pressure, and the Williams %R at -69.78 signals severe selling. However, oversold conditions can persist during strong downtrends, so recovery isn't guaranteed immediately.

Crypto Insights

Solana USD Drops 1.39% as RSI Signals Oversold Territory

ByHuzaifa Zahoor February 18, 2026February 18, 2026

Solana USD (SOLUSD) is trading at $85.05 as of February 18, 2026, down 1.39% over the past day. The cryptocurrency faces significant headwinds, with its price down 40.7% over the past month and 55.4% over six months. However, technical indicators suggest the selling pressure may be easing. The RSI at 33.09 indicates oversold conditions, historically a level where buying interest emerges. Market participants are watching whether SOLUSD can stabilize above key support levels or if further downside awaits.