What's going on in Solana (SOL)? July 22, 2023 - Coinleaks
Current Date:September 21, 2024

What’s going on in Solana (SOL)? July 22, 2023

Solana, which started to withdraw after being rejected at $ 27.15 ( LEFT) continues its search for direction at the intermediate price.

The bull air that Ripple has had for a short time recently, LEFT It greatly added value. SOL, which made the biggest rise after XRP and XLM, managed to reach $ 32.14. However, the stagnation of the news flow in the market and the volatile movements of BTC affected the price structure of SOL. How does the chart continue for SOL? Which levels can be tracked?

Solana (LEFT) Chart Analysis

SOL, which was on the rise with the news in Ripple, threw a needle at $ 32.14. SOL, which started to decline as the market turned its course down and the SEC-Ripple case settled down, is currently trading at $25.52. Right in the middle of the next resistance and support, the SOL could target $29.13 and $32.14 as long as it stays above $27.15.

A test of $23.86 and the failure of buyers to hold this point could be a harbinger of deep drops in the SOL. In this scenario, the support zones to be followed on behalf of the SOL will be 22.44 – 20.39 and 19.35 dollars. Failure of $19.35 to act as support could open the way to $15.

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