This powerful indicator shows a possible crash of Solana!

It wasn't that long ago that Solana ($SOL) was able to really shine. Due to possible ETF plans from well-known providers such as VanEck and 21Shares, the coin was on everyone's lips in the media. The momentum was high, and for a short time it even managed to replace $BNB as the 4th largest cryptocurrency.

But $BNB has regained its space and the ETF plans seem to have evaporated after the official applications are no longer available. Not a good sign for the popular altcoin. And it looks like the situation is getting worse rather than better. A sell-off to $100 could be the result.

Photo: Clickout Media

(Solana’s price has fallen in recent days – Source: Tradingview.com)

Important indicator shows sell signal

According to various evaluations, the MACD is the most accurate indicator on the crypto market. Especially when it is used in trend phases. The MACD is basically based on 2 different exponential moving averages. If the MACD line crosses the signal line downwards, this indicates a sell signal! And unfortunately, that is exactly what is currently the case in Solana.

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(The MACD line in green crosses the signal line in red, which is a sell signal – Source: Tradingview.com)

Of course, no technical analyst should look at just one indicator and interpret it as a crash signal. However, in recent days, Solana has also broken an important low of 136 US dollars. Furthermore, the EMA 200 was broken, which is also considered a very negative signal. More and more pieces of the puzzle also point to a difficult situation in Solana.

Will the price soon fall back to 100 US dollars?

Solana currently shows only one support area that protects against a sell-off to $100. This is at $110, which is about 18 percent away from the current price level. If this support is broken, the price would most likely fall in a slide to $100.

Photo: Clickout Media

(If the support is broken, the price would probably fall to $100 immediately afterwards – Source: Tradingview.com)

A reversal is to be expected at the latest at 100 US dollars. At this point, the Solana price would not only have lost more than 25 percent of today's price, but would also have reached a psychologically very important mark. At this point at the latest, large investors would probably start buying more, which could favor a reversal.

This reversal could of course also happen earlier, but only if the entire crypto market recovers accordingly. Otherwise, it could be advantageous for investors to wait in Solana in the meantime and instead look for better alternatives with higher price potential. An example of this could be Pepe Unchained ($PEPU), a coin with its own blockchain.

Get to know the new blockchain from Pepe Unchained now.

While Solana falls, Pepe Unchained continues to rise

Although the $PEPU ICO falls into a difficult market phase, it is still going extremely well! Almost 19,000 investors are now following the development of the strong meme coin on social media channels such as X (formerly Twitter) and Telegram. They have already built up a lot of trust in the project and invested over 11.3 million US dollars at the same time. And why not, after all, the entire $PEPU project has been independently audited and found to be absolutely reputable. Investors also know that it is an absolutely safe investment. Of course, apart from the usual risk of loss that every investment entails. But there are no scam risks or anything like that! But Pepe Unchained has a lot more to offer.

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(The entire $PEPU project has been independently audited and found to be seriously funded – Source: pepeunchained.com)

The $PEPU blockchain is much more efficient than other chains, especially the Ethereum blockchain. It is much faster, safer and cheaper for transactions. This efficiency is likely to spread soon after Pepe Unchained goes live, which could lead to other developers launching their coins on the $PEPU blockchain.

This would create a new ecosystem of meme coins, which Pepe Unchained could benefit greatly from. Early investors would be rewarded with incredibly high returns. However, I am most likely the one who did not hesitate and got in just a few hours before the price increase.

Get in now and buy $PEPU in the presale.

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