Yalda π§π©π
@yalda6411
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Solana (SOL) has seen a 12% retrace from the Monday high, falling to a crucial zone in the last 24 hours. Some analysts remain bullish ahead of Trumpβs inauguration, while others have warned that the cryptocurrencyβs bullish momentum could be in danger if the current levels are lost.
Solana Holds Key Support Zone
Amid the market retrace, Solana has also lost its New Year highs, falling to its lowest price since the late December retrace. On Monday, SOL registered a 17.3% increase from its yearly opening after retesting the $220 mark.
However, its bullish momentum was halted after Bitcoinβs price dropped nearly 8% in 24 hours. After hovering between the $190-$199 prince zone, Solana fell below the zoneβs lower range, dropping to its current low of $182 on Thursday.
Amid the market retrace, Solana has also lost its New Year highs, falling to its lowest price since the late December retrace. On Monday, SOL registered a 17.3% increase from its yearly opening after retesting the $220 mark. 0 reply
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