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Solana Stumbles 5% While Litecoin Tests $200—Ether’s Ghost Haunts Both

Solana Stumbles 5% While Litecoin Tests $200—Ether’s Ghost Haunts Both

Published:
2025-05-02 10:30:00
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Solana’s SOL takes a haircut as bears claw back gains—meanwhile, Litecoin bulls face a make-or-break moment at the $200 resistance level.

• SOL’s drop mirrors broader market jitters after ETF hype fades

• LTC’s 14% monthly surge meets reality at key psychological barrier

• Traders eye Bitcoin’s next move like pigeons waiting for park bench crumbs

Neither chain solved the ’actually being Ethereum’ problem—but at least their transaction fees won’t bankrupt you.

Crypto Price Predictions Amid Volatility: Solana & Litecoin Moves

cryptocurrency 2025 soaring price charts

Source: Watcher Guru

Solana Shows Bearish Signals Despite Recent Gains

Solana’s futures and also spot markets are, right now, displaying some rather bearish indicators that might actually trigger a 5% downward price movement in the coming days. According to the data from Coinglass, SOL’s funding rates have sort of turned negative, and this is typically signaling an increase in short positions.

SOL Funding Rates chart showing negative trend

Source: CoinGlass

This pattern has been, you know, observed repeatedly in the Solana vs Litecoin market comparison over recent weeks. Also, the spot market data kind of reinforces this Solana price prediction, with exchange inflows rising over the past 24 hours or so.

Technical Outlook Points to Key Levels for SOL

SOL/USDT daily chart showing price action

Source: TradingView

From a technical perspective, and this is interesting, Solana has been consolidating near that $150 level after its V-shaped reversal pattern between March and April. The critical support actually sits at around $147, with the next major support somewhere around $125.

Litecoin Approaches Critical Resistance

In contrast to Solana’s outlook in the Solana vs Litecoin technical analysis, LTC has, at the time of writing, formed what appears to be a bullish ascending triangle pattern since April 9. LTC is currently testing that crucial $90 level, with an even more significant $95 resistance beyond that.

A crypto market analyst had this to say:

LTC/USDT daily chart showing the ascending triangle pattern

Source: TradingView

The data from IntoTheBlock reveals that the litecoin price prediction really hinges on that $88-$99 range:

Litecoin’s In/Out of the Money visualization

Source: CoinGlass

This Solana vs Litecoin comparison basically reveals that while the Solana price prediction is signaling a potential drop due to those negative funding rates and such, the Litecoin price prediction is actually suggesting possible gains if key resistance levels are conquered amid all this crypto market volatility we’re experiencing.

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