Is SOL dropping lower? A breakdown in a bear pennant is not a positive development.
SOL price fell by over 13% to around $41.60, its lowest level in almost two weeks. Notably, the SOL/USD pair also broke out of what appears to be like a"whose occurrences typically precede additional downside moves in a market.
Moreover, a successful retaking of the trendline as support risks invalidating the bear pennant setup while bringing the 20-day exponential moving average near $57.59 in proximity as the next upside target.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) priceSolana is showing early signs of a possible bullish breakout, but bulls are still reeling from $SOL’s 75% wipeout and macroeconomic data will remain a threat to the recovery.
Read more »
SOL/USD Forecast: Solana Looks for ClaritySOLUSD: We look at rallies as an opportunity to short this market with a bit of leverage to increase profits.
Read more »
Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) priceSolana is showing early signs of a possible bullish breakout, but bulls are still reeling from $SOL’s 75% wipeout and macroeconomic data will remain a threat to the recovery.
Read more »
SOL/USD Forecast: Solana Looks for ClaritySOLUSD: We look at rallies as an opportunity to short this market with a bit of leverage to increase profits.
Read more »
The HP Envy x360 2-in-1 is on sale for its lowest price ever at HPThe Acer Swift 3 has also dropped to its best-ever price.
Read more »
Exploring the Star Atlas MetaverseThe StarAtlas metaverse allows gamers to explore deep space and take ownership over their in-game assets. But is it any good? reviews this multiplayer world, which is based on the Solana blockchain. For MetaverseWeek presented by Nuvei.
Read more »