Solana Rally Over? SOL Risks 2022-Like Correction As Price Erases Mid-Week Recovery
As the broader crypto market retraces, Solana (SOL) has erased its recent gains despite strong institutional demand for investment products based on the cryptocurrency. Some analysts have now suggested that the altcoin risks a deeper pullback similar to its 2022 correction. Solana Loses Mid-Week Gains As Market Wobbles On Friday, Solana dropped 7% intraday to…
Solana Reclaims $80 Amid Friday Market Bounce – Analysts Set Next Targets
As the crypto market recovers, Solana (SOL) has bounced from a major level trendline and momentarily reclaimed a key horizontal level. Some analysts have signaled that a retest of a crucial short-term resistance could be coming, while others have warned that a breakdown to new lows remains possible. Solana Bounces From Two-Year Trendline On Friday,…
Analyst Says Solana Price Could Rally To $190 Soon – But There’s A Catch
After reaching a new multi-month low, Solana (SOL) is attempting to hold a key high-timeframe level as support ahead of week’s end. Some analysts have suggested that the altcoin is poised to bounce, but others warned that a potential rally could be short-lived. Solana To Tag Higher Levels Soon On Friday, Solana recovered from the…
Solana Drops Below $100 For First Time In A Year — Is An 80% Correction Underway?
Solana is now trading below the $100 mark after intense selling pressure swept through the crypto market over the weekend. Sunday’s drop pushed SOL into its lowest price zone in more than a year, signaling a sharp shift in sentiment as fear grips the market. Since the start of March, Solana has lost more than…
Solana Headed For Correction Before Bounce – Analyst Sets $180 Target
Solana (SOL) is trading around a crucial demand level at $165, following a pullback from recent highs of $183. This level is pivotal for SOL, as losing it could trigger a deeper correction, putting the altcoin at risk of further downside. However, prominent analyst Carl Runefelt has shared technical analysis indicating that Solana may be…