Solana (SOL) Below $80 Risks Restarting A Brutal Downtrend
Solana failed to settle above $90 and remained in a range. SOL price is now facing hurdles near $90-$92 and might decline again below $80. SOL price started a decent recovery wave above $75 and $80 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $88 and $92. Solana Price Faces Resistance Solana price remained stable and started a decent recovery wave from $68,....
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