Solana Price Struggles at $80 as Declining Open Interest Raises Fresh Concerns—What's Next?
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At the cut of November 13, SOL quoted at USD $79.46, 4.33% below the opening, but above the previous closing. Cumulative volume exceeded the 30-day average and technical indicators showed over-sale, without confirming a spin. The general weakness of the crypto market is a possible context for pressure, not a proven cause of SOL movements. *** SOL: USD $79.46, 4.33% below the opening of USD $83.03 and above the previous closing of USD $78.43 Cumu…
Solana Price Struggles at $80 as Declining Open Interest Raises Fresh Concerns—What's Next?
The post Solana Price Struggles at $80 as Declining Open Interest Raises Fresh Concerns—What’s Next? appeared first on Coinpedia Fintech News Solana is struggling to hold the $80 mark as persistent selling pressure continues to weigh on its price. After reaching highs near $123 in October, the token has been steadily plunging, with the decline pushing it below the support range. The SOL price is now trading around a crucial support zone between …
Solana fell under the mark of 80 dollars on Friday night. On November 13 at 5:50 a.m. German time, according to CoinGecko, a SOL cost 78.29 dollars, equivalent to 70.79 euros. This is a minus of 5.7 percent in 24 hours and the lowest level since mid-August. The trigger is not an event in the Solana network itself, but the wide sale on the crypto market, where Bitcoin slipped below 70,000 dollars and whirled purchase positions were closed in seri…
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