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Solice crypto is facing selling pressure continuously and sliding to the lower levels.
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SLC crypto price was at $0.003, recording an intraday drop of 2.23% (press time).
Solice crypto stays under modest bearish pressure for the fourth consecutive day and is headed to start the week on a bearish note. The crypto price is headed downward after the breakdown below the 50-day EMA.
Moreover, the buyers tried to hold the SLC crypto near the 50-day EMA and attempted a recovery. However, they could not generate enough momentum to counter the selling pressure received from the upper side. The breakdown below the 50-day EMA triggered sell-stop orders from buyers due to which the price dropped sharply.
Also, on observing precisely, a declining parallel channel may be noted on the charts. The price is respecting the upper and lower boundaries of the channel pattern and rolling inside it on the downside.
At the time of writing, the Solice cryptocur
We współpracy z: https://www.thecoinrepublic.com/2024/02/05/solice-price-drops-further-can-it-find-support-near-demand-zone/
