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SOL Price Analysis: Solana Poised for 12% Drop As Buyers Lost Crucial Support

1 month ago
in CoinGape, crypto fibonacci, Crypto News, Price analysis, Sol, solana price analysis
Reading Time: 1 min read

During the first half of August, the Solana buyers tried to hold above the combined support of $22.4 and 50% Fibonacci retracement. However, from the latter half, this SOL Price witnessed aggressive selling pressure leading to a breakdown of the aforementioned support. This crackdown signals the continuation of the ongoing correction phase. Should you sell

The post SOL Price Analysis: Solana Poised for 12% Drop As Buyers Lost Crucial Support appeared first on CoinGape.

This article is added for educational purpose only. All credit goes to the respected author of this article. All In One Crypto App do not hold any liabilities of this article. You can get the source link at the end of the article content.

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