The Bulls Could Be Back For Solana If It Remains Above This Level
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Solana price has displayed a completely bearish price thesis on the one-day chart. In that same timeframe, the coin declined by close to 9%. The depreciation in value might continue as the technical outlook points in the same direction. With the recent Solana Protocol Raydium hack of over $2 million, the price of the coin has been affected further. Over the past week, the coin has shed nearly 10% of its value. As SOL fell from its long-standing support line of $13, the coin has been on a freefall. Demand for the altcoin has remained substantially low, with investor interest
As the crypto market looks toward a recovery and the likes of Solana make their way out of losses, a crypto trader has called out one meme coin that could be a great play as the SOL price recovers. The BONK meme coin, currently the largest meme coin in the…