Solana price loses $120 as bearish money flow puts $117 support to test
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Cryptocurrency News | Cryptocurrency Prices | Market CapSolana price loses $120 as bearish money flow puts $117 support to test
Solana price has fallen below $120 after its rally stalled near $125, leaving traders focused on whether support around $117 can hold. SOL traded near $117.50 on Sep. 29, about 5.7% below its Sep. 27 high of $124.62. CoinGecko put…
The Solana price today stands at $118.78 on Binance, coinciding almost perfectly with the daily pivot at $118.92. The market is testing a balance point that separates the continuation of the bullish trend from a deeper breath phase. SOL/USDT . Daily chart with candles, EMA20/EMA50 and volumes. Key points [...]
Solana (SOL) quotes close to USD $118.81 after consolidating a 22% advance in the last two weeks, although it yields 0.97% in the day. With MACD still in the uphill terrain and the price above all its long-term moving averages, the market debates whether the current correction is a healthy pause or the start of a distribution after the strong two-month rally.
Bullish Momentum Cools as Solana (SOL) Price Approaches a Key Resistance—What's Next?
The post Bullish Momentum Cools as Solana (SOL) Price Approaches a Key Resistance—What’s Next? appeared first on Coinpedia Fintech News Solana has continued to maintain a strong ascending structure, forming a series of higher highs and lows. After recovering from its June lows, the rally has gained strong momentum and has been defending the broader uptrend even in times of short-term correction. With the SOL price now trading around $119, the la…
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