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2022-11-05 02:00:22

Solana (SOL) Continues To Lag In Price; SOL Must Do This One Thing To Rally

SOL’s price fails to rally high as the price continues to stall in its price movement despite the market looking green across boards. SOL’s price continues to trend below key support as the price tries to build more strength to overcome this area of resistance that has held the price down. SOL’s price remains strong on the daily timeframes as the price trades below the 50 Exponential Moving Average (EMA). The price of Solana (SOL) has yet to show some good price action to the upside as the price has continued to stall in its price movement as the crypto market continues its course for relief bounces. The crypto market has enjoyed a bit of relief across all assets, with Bitcoin (BTC) showing great traction, rallying and dragging the market. Solana (SOL) has remained relatively slow in buy orders as there is little or no volatility propelling the price of Solana (SOL). (Data from Binance) Related Reading: Algorand (ALGO) Continues To Shine With 21% Gains In 7 Days Solana (SOL) Price Analysis On The Weekly Chart The past week has seen many altcoins continue to produce over 200% gains over the past 7 days of breaking out of their range-bound movement, as many believe more hope could be settling into the crypto space once more. The new week has looked a bit skeptical, but things are beginning to shape up and looking more promising for some altcoins, like BAND, rallying over 100% in less than 24 hours, showing the ...

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