Solana (SOL) has calmed down after its sharp rise! - Coinleaks
Current Date:September 21, 2024

Solana (SOL) has calmed down after its sharp rise!

Solana (which rose 32 percent in just a few days) LEFT) volatility continues to decline.

BTCOne of the coins that keep up with the rise of Solana (LEFT), had achieved a performance of 32.33 percent in just 5 days. FTX SOL, which got a boost from the liquidation pressure and BTC reaching $28,550, is now in a calmer pricing situation. What is the chart like for SOL, which started its downward trend and lost volatility? Which levels are critical to monitor?

Solana (SOL) technical analysis

SOL, which started its movement at $18.75, reached $24.85, recording an increase of nearly 33 percent in just 5 days. However, the major coin, whose volatility has gradually decreased after BTC’s decline, is currently traded at $ 23.35. SOL, which has captured the buyer base after overcoming the FTX crisis, can make a move to 25.59 – 27.15 and 29.13 dollars, respectively, as long as it holds above $ 24.03.

The reappearance of FTX-related problems, BTC breaking $ 27,450 downwards, or any Fud news from the industry in general will naturally shake the SOL price. In such a situation, the levels where buyers are expected to be active are 22.03 – 21.31 – 20.89 – 19.50 – 18.54 and 17.90 dollars, respectively. Losing $17.90 could naturally start a new selling wave.

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