Sol drops by 7 %a day, is $ 15 the next big goal? (Solana price analysis)

Sol drops by 7 %a day, is $ 15 the next big goal? (Solana price analysis)

Solana lost his key support at $ 20 and now accelerates down.

Solana price analysis

Important support levels: $ 17, $ 15

Important resistance levels: $ 20, $ 23

Sol could not keep its price within the descending triangle, and since the support has turned into resistance at $ 20, it is currently looking for support. The key levels that need to be observed are $ 17 and $ 15, the latter has the greatest trust.

Diagram of Tradingview

trade volume: The continued sales volume last week caused Solana to reach lower lows.

rsi : The daily RSI quickly approaches the oversized area at less than 30 points. Hopefully the buyers will be interested again.

macd : The daily MacD is in free fall, and there is currently no signs that this downward trend will end.

bias

The tendency for Sol is declining.

Short-term prediction for the SOL Prize

The most likely area in which Solana can stop this sale is $ 15. The support at $ 17 could ensure a relief leap, but given this dynamic it is unlikely that it will last for a long time.

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