Solana (SOL)

SOL Coin price is at $169 at the time of writing. Altcoins are generally positive. The recent rise for Solana (SOL) was not very permanent and the price lost the $ 180 threshold again with the BTC decline. Although it is disheartening that the volatility in Bitcoin price is limiting the rise in altcoins, there is still hope as ETH remains strong. If ETH makes new upward attempts, this could trigger more capital flows from BTC to altcoins.

The price rose by 31% in 5 days and then gradually fell by over 20% at a similar pace. Bulls who are now trying to maintain the support at $166 can make a new attempt towards $188 if they can find support from BTC. Closes above this will target $205 and higher resistance levels.

#solana $SOL