{"id":321155,"date":"2024-06-11T17:01:44","date_gmt":"2024-06-11T11:31:44","guid":{"rendered":"https:\/\/dripp.zone\/news\/is-130-support-level-the-next-target-for-sol-crypto-news\/"},"modified":"2024-06-11T17:03:26","modified_gmt":"2024-06-11T11:33:26","slug":"is-130-support-level-the-next-target-for-sol-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/is-130-support-level-the-next-target-for-sol-crypto-news\/","title":{"rendered":"Is $130 Support Level the Next Target for SOL? – Crypto News"},"content":{"rendered":"

<\/p>\n

\n

Solana price prediction: SOL has experienced a notable price pullback over the past 24 hours. The Altcoin is currently hovering below the $160 resistance level, indicating a bearish trend in the market. The recent decline has resulted in a 2.97% drop, bringing <\/span>Solana price<\/span><\/a> down to $153 at the reporting time.<\/span><\/p>\n

This decrease in value has resulted in a market cap reduction to approximately $70.85 billion, positioning it at the fifth rank among cryptocurrencies.<\/span><\/p>\n

<\/p>\n

The 24-hour trading volume for Solana surged by 65%, reaching $2.41 billion, suggesting significant market activity despite the overall price drop.<\/span><\/p>\n

Solana Price Prediction: Is a Bullish Momentum on the Horizon for SOL?<\/span><\/h2>\n

Over the past week, Solana price has seen a descending trend, with significant bearish pressure pushing the value lower. This decline has been marked by lower highs and lower lows, indicating a consistent downward momentum.<\/span><\/p>\n