Solana Price Prediction: Why Upsides Could Be Limited in SOL

Solana Price Prediction: Why Upsides Could Be Limited in SOL

Solana tumbled below the $20 and $15 levels against the US Dollar. SOL price is now recovering, but upsides might be limited above $15 and $17.


  • Sol price traded as low as $10.92 before it recovered a few points against the US Dollar.

  • The price is now trading below $15 and the 100 simple moving average (4-hours).

  • There was a break above a major bearish trend line with resistance near $12.45 on the 4-hours chart of the SOL/USD pair (data source from Kraken).

  • The pair could face a strong selling interest near $15 and $17 in the coming days.

  • Solana Price Starts Short-Term Recovery


    This month, solana price saw a strong downward move below the $30 level. There was a strong move below the $25 and $20 support levels.


    Sol price even dumped below the $15 level. Finally, it found support near $11 and traded as low as $10.92. Recently, there was a minor upside correction similar to bitcoin and
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