Solana price prediction: SOL price has seen a notable decrease over the past 24 hours, following a bearish trend. This descent has led the cryptocurrency to break through several previously established support levels. Currently, the altcoin is trading below the $170 mark, indicating a descending triangle pattern that highlights a persisting selling momentum.
Solana’s price is currently $152.26, representing a notable decrease of 9.64% in the past day. Its market valuation now stands at approximately $67.9 billion, securing its position as the fifth-largest cryptocurrency by market cap. Trading activity has surged, with a 128.83% increase in 24-hour volume, reaching $5.74 billion.
Solana Price Prediction: Bearish Trend Breaks Key Support Levels
Solana has been on a downward trajectory recently. After a surge past the $200 mark, the cryptocurrency has retreated, signaling a downturn. In the last seven days alone, Solana’s value has diminished by over 13%, suggesting a robust sell-off
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