TL; DR Breakdown SOL/USD was trading in a bearish momentum on yesterday’s Solana price analysis chart.Most of the digital assets have had a bad week as most coins have recorded huge price dips.In the last 24 hours, SOL/USD has been trading in a positive trend. Solana price analysis: General price overview SOL/USD was trading in a bearish momentum on yesterday’s Solana price analysis chart. The bearish trend continued to today’s price analysis chart. The bulls, however, created solid support at $199.1. The strong support formed the basis of a sharp SOL/USD price surge. The coin went up, forming several flag trends to the intraday highs of $215, where it faced resistance. The sellers’ resistance made the price drop by a few dollars; however, the bulls drove the prices upward again. The Bollinger Bands on the 5-day EOS price analysis chart are relatively narrow, implying minimal fluctuation in the cryptocurrency. Since the upper band of Bollinger EOS/USD is close to being crossed, the currency is displaying a minor bullish trend. Most of the digital assets have had a bad week as most coins have recorded huge price dips. Source: Coin360 Bitcoin managed to trade a few dollars above $50K; however, this surge was followed by a severe price drop. The giant asset is now trading at $46.02K. ETH is trading positively despite falling from $3.9K to $3.4. Solan trades in a very positive momentum recording more than 20 percent gains in the...
