Solana tumbled below the $20 and $15 levels against the US Dollar. SOL price is now recovering, but upsides might be limited above $15 and $17.
Sol price traded as low as $10.92 before it recovered a few points against the US Dollar. The price is now trading below $15 and the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $12.45 on the 4-hours chart of the SOL/USD pair (data source from Kraken). The pair could face a strong selling interest near $15 and $17 in the coming days. Solana Price Starts Short-Term Recovery
This month, solana price saw a strong downward move below the $30 level. There was a strong move below