Solana Price Prediction: Amid the current correction phase in the crypto market, the Solana coin price is witnessing supply pressure around the $80 psychological mark. In the last four, the coin’s market value dropped 13.36% to currently trade at the $69.2 mark. The falling price currently teases a breakdown below the lower support trendline of a rising wedge pattern, projecting the SOL price is at risk of further correction.
Also Read: Solana Price Prediction: 3 Catalysts Propelling SOL Towards $100
Is SOL Price Retracement Hit $50?
A rising wedge pattern governs the current recovery in Solana price.
Today’s daily candle with a long tail rejects the possibility of a bullish reversal from the $70 mark.
The 24-hour trading volume on the Solana coin is $2.01 Billion, indicating a 40% gain.
Solana Price Prediction| TradingView Chart
The ongoing recovery trend in Solana price can be traced using a steep ascending trendline offering dynamic support to buyers. From the October 13th low o
We współpracy z: https://coingape.com/markets/solana-price-prediction-will-correction-push-sol-to-50/
