Solana's RSI Hits 38.84, Reaching Oversold Levels Worse Than 2022 FTX Collapse

SOL-3.46%
According to market analyst Ash Crypto, Solana's monthly Relative Strength Index (RSI) has dropped to 38.84 in 2026, marking oversold levels more extreme than those seen during the FTX collapse in 2022. Despite SOL trading near $60 to $95—significantly higher than the $8 low reached in 2022—the lower RSI reading suggests this cycle's momentum decline has been unusually severe. Solana has fallen over 80% from its 2025 all-time high, recording a three-year low. Historically, oversold RSI readings on the monthly timeframe can signal potential price reversals, though such conditions can persist for extended periods.
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