SOL price continues to trend downwards as price remains bearish with price trading on key support. SOL trades below 50 and 200-day Exponential Moving Average as price struggles to regain bullish signs. The price of SOL needs to break and hold above the key resistance of $45 to resume bullish price movement. The price of Solana (SOL) continues to struggle to discover its bullish trend as the price fails to break the key resistance of $35 against tether (USDT). The previous weeks saw the crypto market cap as good as Bitcoin (BTC) prices and other crypto assets. Still, the price of Solana (SOL) saw some bullish signs but has struggled as the new week looks more bearish than in previous times. (Data from Binance) Related Reading: Terra Classic Notches 5% Spike In Last 24 Hours – Can LUNC Maintain Positive Momentum? Solana (SOL) Price Analysis On The Weekly Chart. Despite showing some great price movement in recent weeks with so many traders and investors becoming interested in the price movement of SOL ahead of this month, the price has seen less of a bullish movement as its price continues to struggle to hold above $30. After the price of SOL dropped to a weekly low of $30, the price rallied from this low to a high of $45, where the price faced resistance to breaking above this region to a height of $55 as the price was rejected and has since maintained a bearish price movement. The price of SOL bounced from $30 haven faced rejec...
