Solana price has attempted many recoveries but all of them have met with a similar fate as sellers pile on. Currently, SOL is in a position to trigger
Solana price has been struggling to overcome the $20.25 resistance level for nearly three weeks.
Solana price slipped below the $20.25 level on August 31 and has been attempting to recover above it ever since. But after two rejections SOL currently trades at $19.45. Interestingly enough, the Awesome Oscillator has recovered above the mean level, suggesting the resurgence of bullish momentum. The Relative Strength Index , however, is still knocking on the 50 level.
A breakdown of this level would confirm the start of a bearish scenario. In such a case, Solana priceInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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