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Solana Price Analysis — November 17
Along with the rest of the cryptocurrency market, SOL has suffered a defeating blow from bears since it printed a new record high at $260 last week. The fifth-largest cryptocurrency has slipped below the critical $216 support as bears keep their feet in the gas. With the price approaching the 209 support, we could see a rebound off the line, pending the efficacy with which the 200 SMA repels the price.
Meanwhile, my resistance levels are $216, $220, and $230, and my support levels are $209, $200, and $190.
Total Market Capitalization: $2.57 trillion
Solana Market Capitalization: $64.3 billion
Solana Dominance: 2.5%
Market Rank: #5
Meanwhile, my resistance levels are $216, $220, and $230, and my support levels are $209, $200, and $190.
Total Market Capitalization: $2.57 trillion
Solana Market Capitalization: $64.3 billion
Solana Dominance: 2.5%
Market Rank: #5
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