Solana [SOL] traders positioned long can set their invalidation below...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.has been on a bearish trend since November 2021. Any strong rallies in the intervening time ultimately met with overwhelming selling pressure before the bulls could really reverse the trend.
On lower timeframes, the $48, $53 and $57 levels were ones to watch out for. Yet, the question remains- how much higher can Solana rally?
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Solana [SOL]: Did NFT volume, sales go awry amid market recoverySolana [SOL] NFT investors were among the most profitable investors in the first quarter (Q1) of 2022. According to data from Messari, Solana experienced growth in many aspects at the time. Despite a drop in crypto prices in the second quarter (Q2), Solana remained on top of amassing massive trading volume. Interestingly, the price of […]
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Solana: Reasons why SOL holders can celebrate over the weekendSolana has managed to show positive gains even during the crypto crisis in the second quarter of 2022. While the broader market drawdown has been prevalent across the entire market, Solana has retained users and activity from the previous quarter. The SOL token, however, has fallen well over 64% from its all-time high (ATH) of […]
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Solana: Reasons why SOL holders can celebrate over the weekendSolana has managed to show positive gains even during the crypto crisis in the second quarter of 2022. While the broader market drawdown has been prevalent across the entire market, Solana has retained users and activity from the previous quarter. The SOL token, however, has fallen well over 64% from its all-time high (ATH) of […]
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Solana [SOL]: Did NFT volume, sales go awry amid market recoverySolana [SOL] NFT investors were among the most profitable investors in the first quarter (Q1) of 2022. According to data from Messari, Solana experienced growth in many aspects at the time. Despite a drop in crypto prices in the second quarter (Q2), Solana remained on top of amassing massive trading volume. Interestingly, the price of […]
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