The SAHARA token has shown a significant decline in value following its listing on Binance. In this article, we will discuss the reasons for this drop, conduct a technical analysis of the current market situation, and provide forecasts for the token's value in the coming years.
Reasons for SAHARA Price Drop
The SAHARA token is currently trading at $0.081, representing a decrease of over 75% from its peak of $0.141 following its Binance listing. The sharp rise in trading volume and market visibility of the token was accompanied by intense sell pressure, highlighting the volatility and risks associated with early post-listing trades. The initial price surge was driven by speculative inflows from Binance, Upbit, and other platforms. Following the peak, the price began to move back within a downward channel.
Technical Analysis of SAHARA Token
Based on the 15-minute chart, SAHARA is attempting to break below the mid-Bollinger resistance at $0.0829. The bottom zone is at $0.0783, fitting current price action and adding to the bearish trend. The price has failed to overcome the mean band, indicating a lack of buying power. LuxAlgo indicators repeatedly indicated a possible breakout, but it never materialized due to weak follow-through. The market structure remains bearish with a consistent downtrend in highs and lows since the listing.
SAHARA Price Forecast for 2025–2029
Price forecasts for SAHARA over the coming years show the following data:
- **2025:** Minimum price - $0.072, average - $0.083, maximum - $0.105. - **2026:** Minimum price - $0.078, average - $0.110, maximum - $0.145. - **2027:** Minimum price - $0.088, average - $0.126, maximum - $0.168. - **2028:** Minimum price - $0.095, average - $0.138, maximum - $0.182. - **2029:** Minimum price - $0.102, average - $0.152, maximum - $0.196.
SAHARA's post-listing collapse has underscored the risks associated with early-stage trading despite high market visibility. The price remains volatile and under pressure, with short-term sentiment skewed bearish. Until resistance levels are broken and volume supports recovery, the token faces ongoing downside risks. A break above $0.090 is essential to shift the trend.
