SOL’s price struggles to reclaim the key demand zone of $20 as the price trades around $13.5 SOL’s price remains weak as bears dominate the market; the price fails to break and close above $20 with so much uncertainty in the market SOL’s price trades below get the 50 and 200 Exponential Moving Averages as the price continues in bearish movement (EMA) Solana (SOL) continues to trade below $20 after facing rejection due to the FTX fiasco and the current market downtrend affecting the price to a low of $13.5. In the high timeframe, the price of Solana (SOL) looks weak, with a probable result of a downtrend movement compared to an upside. Despite the relief bounce and uncertainty surrounding the crypto market, the FTX fiasco continues to act as a catalyst for the market to bottom out. The Domino effect of the FTX saga and other large investors has stalled the market, as it has yet to make a significant move, raising concerns about the market’s direction. (Data from Binance) Related Reading: Bitcoin Seen Dropping To $10,000, This Asset Ma ..
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 Struggles As Investor’s Eye Bonanza Price; Is $5 Possible?){kind=link}