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Crypto Analyst Believes That SOL’s Price Will Decline This Week

Published 01/23/2023, 03:17 AM
Updated 01/23/2023, 03:30 AM
Crypto Analyst Believes That SOL’s Price Will Decline This Week
SOL/USD
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  • SOL’s price has risen more than 146% over the last month.
  • The 9,20 and 50 EMA lines for SOL signal a continuation of the bullish trend.
  • Twitter analyst believes that SOL’s price will decline in the coming week.

The price of Solana (SOL) has attempted a comeback in the last month, rising more than 146% over the last 30 days according to CoinMarketCap. This comes after it plummeted from an all-time high (ATH) of $259.90 to a low of $8.00.

At press time, the price of the recovering Ethereum-killer project has dropped 2.37% to now trade at $24.60. In addition, SOL has weakened against BTC and ETH by 1.52% and 2.64% respectively.

The post Crypto Analyst Believes That SOL’s Price Will Decline This Week appeared first on Coin Edition.

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