SOL, ADA Plunge as Crypto Markets Turn Bearish

•Solana (SOL) prices dropped to a three-week low on Feb. 10, as market momentum turned bearish.
•Cardano (ADA) was also on the decline, falling by as much as 8% today.
•The Relative Strength Index (RSI) for both tokens is currently at its weakest point since early January.

Biggest Movers: SOL and ADA Plunge

Cryptocurrency markets saw a bearish shift in momentum on Feb.10, resulting in Solana (SOL) dropping to a three-week low and Cardano (ADA) declining by 8%. The Global Market Cap has decreased 4.23%, with bears recapturing sentiment.

Solana Prices Drop

Following a high of $22.90 on Thursday, SOL/USD moved to an intraday low at $20.20 earlier in the session, which is its lowest point since January 19 when solana last collided with a floor at $20.00. The 14-day Relative Strength Index (RSI) has consistently declined since hitting its peak of 87.67 back on January 13 and is now tracking at 44.21 – its weakest point since the beginning of January when SOL was under $10.00 – indicating that prices are gradually moving in the right direction for longer-term bulls .

Cardano Prices Decrease

Cardano (ADA) extended its own recent sell-offon Friday, with prices falling for a third straight session to an intraday low of $0.3558 earlier today after peaking at $0.3896 on Thursday – breaking out of a floor at $0