Three reasons why Solana could see a double-digit decline

Oct 4, 2024 · Solana could suffer nearly 15% decline Solana hovers around $140 on Friday. The altcoin is down 12% this week and, from a technical perspective, another double-digit decline …

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Three Reasons Why Solana Could See A Double-digit Decline

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Oct 4, 2024 · Solana could suffer nearly 15% decline Solana hovers around $140 on Friday. The altcoin is down 12% this week and, from a technical perspective, another double-digit decline …

fxstreet.com

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Solana Price Prediction: SOL Likely To See Double-Digit Correction

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Dec 20, 2024 · Solana’s TVL Drops 8% Overnight. A closer look at Solana’s TVL paints a troubling picture. Data from DefiLlama reveals a sharp drop from $9.18 billion to $8.45 billion …

crypto-news-flash.com

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Three Reasons Why Solana Could See A Double-digit Decline

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Oct 4, 2024 · Solana could suffer nearly 15% decline. Solana hovers around $140 on Friday. The altcoin is down 12% this week and, from a technical perspective, another double-digit decline …

mitrade.com

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Solana Price Drops 17%: What’s Behind The Decline And Can It …

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Dec 12, 2024 · Conclusion: Is Solana’s Price Decline Temporary? In conclusion, Solana’s recent 17% drop is part of the broader market sell-off, and while the decline is concerning, there are …

thecurrencyanalytics.com

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Why Could SOL Decline Further? - FXStreet

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Dec 20, 2024 · A similar fall in TVL was observed on August 3 and October 29, after which the prices had declined more than 10% in a few days. If history repeats, SOL could face a similar …

fxstreet.com

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Three Reasons Why Solana Price Is At Risk Of 20% Decline

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Jul 27, 2022 · Solana’s price witnessed a 15% decline over the past two weeks. With the marketwide correction ahead of the FOMC meeting on Wednesday, Solana’s price is likely to …

investing.com

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Solana Price Pullback Threatens To Erase 18% Gains: What Next?

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Oct 16, 2024 · Solana's price faces risk of a deeper pullback after failing to break the $160 level on October 15. A drop below $150 could lead to a 10% decline, mirroring past patterns of …

beincrypto.com

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Solana Sees 23% Weekly Decline, Potential Reversal Ahead

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Dec 23, 2024 · A confirmed breakout from these levels could target $230.64 (23.6%) and higher. However, failure to hold $173 could lead to a further downside toward $152.65 (78.6%). The …

ccn.com

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Why Solana’s Price Might Plummet To $100: Key Factors Behind …

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Jun 20, 2024 · Should Solana’s price drop below $127, it might test the significant support level at $116. Breaking this support could lead to a further decline towards the $100 mark. Conversely, …

thecurrencyanalytics.com

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Dogecoin And Solana Lead Double-Digit Losses As Crypto Market …

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Solana (SOL) also faced a sharp decline. Trading at $230, the token’s price has been affected by market-wide corrections and technical indicators suggesting overbought conditions. The total …

coinmarketcap.com

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3 Reasons Why Solana (SOL) Price Is Down This Week - Cointelegraph

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Jan 19, 2024 · Solana’s native token, SOL , experienced a 9% decline on Jan. 18, reaching a $91.40 low. The continuous rejection from the $100 level has persisted over the past 15 days.

cointelegraph.com

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3 Reasons Why Solana Price Is On The Verge Of New All-time Highs

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Nov 14, 2024 · Solana’s price is up 13% over the last seven days to trade at $218 on Nov. 14.Data from Cointelegraph Markets Pro and TradingView showed Solana’s price rose from a …

cointelegraph.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

FAQs about Three reasons why Solana could see a double-digit decline Coupon?

Is Solana a double digit correction ahead?

Traders should remain cautious as SOL’s Total Value Locked (TVL) declined more than 7% in one day, hinting at a double-digit correction ahead. Solana price faced resistance around the $230 level on Tuesday. ...

Does Solana's network activity indicate a sharp sol price correction?

Solana’s network activity does not indicate a risk of a sharp SOL price correction, considering its resilience in terms of DApps volumes and TVL. However, there is negative pressure on SOL token demand following excessive expectations related to airdrops and SPL token performances. ...

Why did Solana price break down?

The SOL price bounced (green icon) at the $29 horizontal support area and traded above it for 140 days. However, it broke down in the beginning of Nov. 2022. The breakdown led to a low of $12.07. It is possible that it was caused due to negative Solana news relating to the FTX implosion, which caused a similar decrease throughout the crypto market. ...

Why is the Solana price bouncing?

It is possible that it was caused due to negative Solana news relating to the FTX implosion, which caused a similar decrease throughout the crypto market. Currently, the Solana price is trading inside the $13 horizontal support area after bouncing slightly in the past 24 hours. Despite SOL being at support, technical indicators are bearish. ...

How did Solana's price grow over the past week?

SOL’s price growth over the past week was accompanied by an uptick in leveraged positions, with the aggregate open interest (OI) for Solana futures reaching an all-time high on Nov. 12. According to data from CoinGlass, SOL futures open interest surged to $4.54 billion on Nov. 12, a 57% increase from the previous week. ...

What if the Solana price breaks out from the resistance line?

If the Solana price breaks out from the resistance line, the closest resistance area would be between $25.63-$25.74, created by the 0.5-0.618 Fib retracement resistance levels. Due to the bearish readings from the weekly time frame, a rejection from the area would be expected. ...