Solana trades at $165 after a brief spike in the last 24 hours.
A potential bullish breakout might push SOL above $170.
The crypto market has stepped into a positive outlook as the price movement of assets has recovered in the past few days. Eventually, the overall market has lost its momentum and the market cap has reached $2.29 trillion.
The fifth-largest altcoin, Solana (SOL) has marked a 0.80% spike and struggling to trade in the bullish outlook for the day. Notably, in the early hours, SOL traded at a high of $170.76. Despite maintaining the price momentum, Solana signaled a brief downside rally and began plunging to the current price levels.
At press time, Solana trades at $165.87 with the daily trading volume plummeting by over 5.65%, standing at around $3.25 billion, according to CMC data.
On the other hand, SOL has shown positive momentum in the last seven days, with a 6.45% spike. At the beginning of the week, SOL was trading at $156 and eventually, it clim
We współpracy z: https://thenewscrypto.com/is-solana-sol-signaling-a-downside-correction-ahead/