Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.
Higher and lower timeframe trends of Solana prices seemed to be at odds, suggesting a bullish reversal could soon occur
Lack of selling volume recently meant that the pullback could be shallow
Solana’s [SOL] network saw a significant increase in social media engagement recently. A large part of this can be attributed to the Jito [JTO] airdrop. As a result, the DEX volume on Solana’s network also saw a huge uptick.
Solana’s NFT sales also jumped higher last week. In fact, AMBCrypto’s recent report had also noted a rise in network activity, with the Solana blockchain ranked number 1 for total transactions in November. Despite these developments, however, the token saw a pullback recently on the price front.
Breakout past November’s range could be wholly retraced
Source: SOL/USDT on TradingView
A range that Solana traded withi
We współpracy z: https://ambcrypto.com/14-in-2-hours-solanas-price-fall-prediction-and-how-you-can-profit-from-the-dip/
