Solana

Coin

<ul class="news-points"> 
 <li><strong>Solana’s recent price surge to $68 sparks excitement, but potential bearish signals raise concerns.</strong></li> 
 <li><strong>The analyst sees an Elliott Wave pattern, suggesting a Solana correction to $49.&nbsp;</strong></li> 
 <li><strong>Large wallet holders unstaking millions of SOL tokens could intensify selling pressure.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/solana-sol/">Solana (SOL)</a> has recently witnessed an impressive price surge, hitting a high of $68, a peak unseen since May 2022. This rally, representing a substantial 30% increase in value over the past week, has captivated the crypto community. However,&nbsp; an analyst has shadowed this bullish rally, signaling potential bearish trends.</p> 
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   <p lang="en" dir="ltr">warning signs starting to flash on sol LTF's. <br><br>shared this macro <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SOL</a> video update in the private group but i have been a big sol bull on here so only seems fair to share here aswell. <br><br> <a href="https://t.co/iCffcB1Lv1" target="_blank" rel="nofollow">https://t.co/iCffcB1Lv1</a><br><br> if you find value in these, consider using my bybit ref link below… <a href="https://t.co/Cprhb1aeQN" target="_blank" rel="nofollow">pic.twitter.com/Cprhb1aeQN</a></p>— Bluntz (@Bluntz_Capital) <a href="https://twitter.com/Bluntz_Capital/status/1725271124681101581?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 16, 2023</a>
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<h2 class="wp-block-heading" id="h-whale-movements-and-exchange-inflows-a-prelude-to-price-correction"><strong>Whale Movements and Exchange Inflows: A Prelude to Price Correction?</strong></h2> 
<p>According to the astute observations of @Bluntz_Capital, a crypto analyst, Solana’s current price trajectory might be steering toward a downturn. The analyst…</p>
<p>The post <a href="https://coinedition.com/solana-sol-faces-bearish-pressure-as-price-correction-looms/">Solana (SOL) Faces Bearish Pressure as Price Correction Looms</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Solana (SOL) Faces Bearish Pressure as Price Correction Looms

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