Until now, SOL has fallen by -39% last week. As the arrow shows on the graph, it took only two weeks for the price to rise from $70 to $190 last year. And now the price is falling as quickly as it used to be. The power of the short side is no less than the long’s when they rose. The support level(68) last year is critical for SOL. For the near look, the candles for SOL is negative. The price fall to the previous again after the rise on Jan.23.
Conclusion: Mostly falling. We think it the weakest of the three.The price will reach the support level. The relatively low attention makes SOL more vulnerable than BTC and ETH.
Conclusion: Mostly falling. We think it the weakest of the three.The price will reach the support level. The relatively low attention makes SOL more vulnerable than BTC and ETH.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.