1
Solana price currently trades at $20.29 while witnessing a loss of 1.31% during the intraday trading session.
2
SOL price trades below 20, 50, 100, and 200-day exponential moving averages.
3
The year-to-date return of Solana is 103.71% while the month return is -19.31%.
Solana price has been in a strong downtrend, forming lower lows since the formation of the annual high at $32.13 on 14 July 2023. The cryptocurrency price has fallen approximately 37% from the annual high. Recently, SOL price entered into a narrow consolidation zone ranging between $22.50 and $25.30.
The cryptocurrency price consolidated for more than 20 days. On 17 August 2023, the price finally broke the support level and melted to form a support at $20.20. Solana’s price attempted to rise above the support several levels and turned resistance of $22.50 but was not successful.
Source: SOL/USDT By TradingView.
If the price breaks below the $20.20 support level, i
We współpracy z: https://www.thecoinrepublic.com/2023/08/29/solana-price-prediction-will-sol-price-drop-to-16-level/
