Solana is resisting the Bears

What's in this article

Solana is resisting the Bears and it didn’t respond with much bearish volatility however it could not keep the support of EMA 200.

Solana price today is $138.17 USD with a 24-hour trading volume of $2,766,279,294 USD.  Solana is down 7.30% in the last 24 hours, with a market cap of $43,000,559,688 USD. It has a circulating supply of 311,207,057 SOL coins.   

Source: Tradingview

Solana: Analysis

Solana is slowly heading towards its important support levels where it might range for a while, get some fresh buyers, and resume the ascend to above levels. As the weekend approaches, the whole cryptocurrency market might experience good volatility on either side. Solana has the support of $117, fib 1.272 and resistance is at $190, fib 1.618.

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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