Ethereum

Cryptocurrency

Solana

<ul>
 <li><a href="https://www.coingabbar.com/en/crypto-currency/solana-sol-prices-usd" title="Solana" class="f-link" rel="noopener noreferrer nofollow">Solana</a> faces resistance at $120 after a steady climb.</li>
 <li>SOL forms a short-term top, echoing Bitcoin and Ethereum declines below $112 support.</li>
 <li>SOL is currently within a Descending Channel pattern on its daily chart.</li>
 <li>Potential breakdown below the 50 Day MA could trigger panic selling toward $68.</li>
 <li>Despite a bullish weekly chart, market slump prompts a retest phase for Solana.</li>
 <li>SOL struggles below $100, grappling with increased supply after losing psychological support.</li>
 <li>A 20% drop in two weeks and higher price rejections in weekly candles signal a potential downtrend continuation.</li>
 <li>Sideline buyers eye $100 breakout as an entry point, targeting upside potential to $125.</li>
 <li>According to <a href="https://www.coingabbar.com/en/price-analysis" title="Coingabbar's analysis" class="f-link" rel="noopener noreferrer nofollow">Coingabbar's analysis</a>, a drop below the 50-Day MA at $88.50 may push SOL to $68.</li>
 <li>Coingabbar's analysis suggests that Solana Price Prediction 2030 could reach a minimum of $270.</li>
 <li>Coingabbar's analysis suggests that Solana Price Prediction 2040 could reach a minimum of $500.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $98-$104
SUPPORT LEVEL : $91-$87
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Solana Price Prediction: Is Price Set to Consolidate in Coming Days?

Coingabbar

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