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Solana Price Analysis: Bulls Need to Keep Price Above this Range to Ensure Next Leg Up

source-logo  coingape.com 26 July 2021 15:31, UTC
  • SOL price revives 35% off weekly low
  • Solana Bulls attempt breakout of 70 day downtrend
  • 30 Day MA needs to fully break to be in the clear

Solana Price Overview

Solana has been stuck within a bearish trend for nearly 70 days as the cryptocurrency market has failed to turn its trend back to bullish. Over the past couple days there has been strong momentum on BTC and other top coins which may signal mid cap coins such as Solana are next in line. The technology that SOL offers is very unique and has many advantages to other coins within its class. This type of utility will go a long way once the overall market picks back up to the speed of which it was at in the beginning of the year.

coingape.com