BeInCrypto Brasil
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Solana (SOL) Down 21% in the Month: What’s Next?
Solana (SOL) price has faced significant challenges recently, falling 21% in 30 days. Despite this decline, the altcoin remains the 6th largest cryptocurrency in the market, with a market cap of approximately $90.8 billion.
Technical indicators such as BBTrend, DMI, and EMA lines suggest that although the downtrend persists, its strength has waned, and the price is currently consolidating. Whether SOL price will continue its bearish trajectory or start a recovery depends on key support and resistance levels and changes in market momentum.
Technical indicators such as BBTrend, DMI, and EMA lines suggest that although the downtrend persists, its strength has waned, and the price is currently consolidating. Whether SOL price will continue its bearish trajectory or start a recovery depends on key support and resistance levels and changes in market momentum.
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