SOL is still Bullish?

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?
Source: Tradingview

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.

About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for NewsBSC.com and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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