FOMO

<ul class="news-points"> 
 <li><strong>Santiment revealed that SOL was quick to recover to above $71 following the latest market crash.</strong></li> 
 <li><strong>In an X post, the analytics platform shared that there is a high level of FOMO surrounding recent and upcoming airdrops on Solana.</strong></li> 
 <li><strong>Technical indicators on SOL’s chart suggested that its price may drop to $60 in the next 24-48 hours.</strong></li> 
</ul> 
<p>The blockchain analytics platform Santiment revealed in an X post earlier today that the altcoin market recovered quickly after the latest market-wide selloff. <a href="https://coinedition.com/tag/solana-sol/">Solana (SOL)</a> stood out from the pack and was able to rise back above the $71 mark. According to the post, SOL is gaining quickly compared to the majority of altcoins.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Altcoins?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Altcoins</a> are recovering quickly after the <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#crypto</a>-wide drop the past couple days. In particular, <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Solana</a> has surged back above $71, gaining quickly compared to the majority. Positive sentiment may need to cool down a bit before a serious run, though. <a href="https://t.co/yu9F1MgkOw" target="_blank" rel="nofollow">https://t.co/yu9F1MgkOw</a> <a href="https://t.co/vXbJbN0Kda" target="_blank" rel="nofollow">pic.twitter.com/vXbJbN0Kda</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1734370448245227747?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">December 12, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Despite SOL’s current strength, Santiment suggested that the positive sentiment surrounding the project needs to cool down a bit before the altcoin can experienc…</p>
<p>The post <a href="https://coinedition.com/sol-tests-key-support-level-could-the-fomo-be-coming-to-an-end/">SOL Tests Key Support Level, Could the FOMO Be Coming to an End?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

SOL Tests Key Support Level, Could the FOMO Be Coming to an End?

Coin Edition

Other articles published on Dec 12, 2023

Crypto: Binance Permanently Bans Russian Ruble From Its Platform

Solana (SOL) Shockingly Threatening XRP in Ranking

Bitcoin Price Analysis: Is $46,000 the Ultimate High for BTC Price in 2023?

XRP buyers can expect some gains IF this condition is met

China and the spiral of deflationary peril

From Bear Trap to Bull Run? Bitcoin’s Price Action Signals a Potential Shift

Join our free newsletter for daily crypto updates!