Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
CHART ANALYSIS:- Solana (SOL) also fell big in today’s session, losing over 9% of its value.
After a high of 21.54 to start the week, SOL/USD slipped to an intraday low of 19.42 earlier today.
Following the plunge in price, Solana fell to its lowest point since May 27, when it was last below 20.00.
today’s decline came as a result of a breakout that occurred on the RSI indicator.
Price Strength fell below a key point of support at 42.00, and is currently at a reading of 40.63.
In the event that bearish pressure intensifies, the next target could be a lower floor at 18.50.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
CHART ANALYSIS:- Solana (SOL) also fell big in today’s session, losing over 9% of its value.
After a high of 21.54 to start the week, SOL/USD slipped to an intraday low of 19.42 earlier today.
Following the plunge in price, Solana fell to its lowest point since May 27, when it was last below 20.00.
today’s decline came as a result of a breakout that occurred on the RSI indicator.
Price Strength fell below a key point of support at 42.00, and is currently at a reading of 40.63.
In the event that bearish pressure intensifies, the next target could be a lower floor at 18.50.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
