The Solana price hovered near $184, posting a slight 0.52% daily gain as analysts issued mixed outlooks. A market analyst, LennAert Snyder, highlighted that SOL lost its uptrend after failing to break $250, suggesting the market now sits within a bearish structure. Meanwhile, mild accumulation has been observed near lower supports, but conviction remains weak,

The post Solana Price Prediction: Analyst Notes Bearish Breakdown Amid Derivatives Slowdown appeared first on CoinGape.

Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

John Bollinger Sees ‘W’ Bottom Forming in Ethereum and Solana, Not Bitcoin

Famous technical analyst John Bollinger have found possible W bottoms in Ethereum (ETH) and Solana (SOL) charts. These are patterns often se...