The whole cryptocurrency market is bleeding red after the weekend drop. Solana is still Bullish as it holds the September rising trend line.
The Solana price today is $184.09 USD with a 24-hour trading volume of $3,781,840,061 USD. Solana is down 6.30% in the last 24 hours, with a market cap of $56,288,651,566 USD. It has a circulating supply of 305,774,471 SOL coins.
SOL is still Bullish: Analysis
Starting from September 21, 2021, Solana is rising continuously. It was strong Bullish last month and during the Saturday slump, it has dropped to the trend line again. If Solana breaks successfully above the falling trendline it might rise t0 $212 to fib 0.5. Solana has the next support at $166.