Solana sellers are expected to dominate over the weekend, but the bullish determination might pay dividends over the next few weeks as...
fell by 2.56% over the last seven days. According to CoinMarketCap, this accounted for the third-best performance among the market’s top-10 coins . Here, theThe argument is that SOL has strength relative to the rest of the altcoin market, most of whom have lost close to double-digit percentage figures. in fact, aBased on the rally from $98.48 to $210.18 in February and March, a set of Fibonacci retracement levels were plotted. The 78.
The DMI also showed a strong downward trend in progress, with the ADX and -DI both above the 20-mark.The spot CVD had initiated a recovery in the final week of June, but the progress was undone during past week’s sell-off. The Open Interest also took a hit. In fact, the past few hours saw the OI bounce weakly alongside the price – A sign that speculators were somewhat willing to go long, but not entirely convinced.
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