SOL declined by over 10% on Tuesday, whilst NEAR slipped by double-digits also.
Crypto markets were down across the board on Tuesday, as bears re-entered the market, following strong gains on Monday. SOL was one of the tokens to fall, as it lost just over 10% of its value. NEAR also slipped by over 10% during the session.SOL was one of the most notable tokens to fall during today’s session, as crypto markets fell victim to the latest bearish wave.
As a result of this move, SOL/USD fell marginally below its support level at $48.50, as bears triumphed for a second day in succession.Prices of the solana token have now been consolidating for the past twelve days, following strong declines to start the month. As of writing, the index resides at 34.64, with its support point around the 33 region and SOL is now trading at $48.29, which is 9.87% lower than yesterday’s high.NEAR was relegated to the #23 position in the cryptocurrency top 25, as prices fell by over 10% during today’s session.