Solana experienced a modest reversal of the overall decline SOL
, a comeback of buyers for Solana might result in a retest of a significant barrier on the four-hour chart. Solana's price dropped 4.52% in the previous 24 hours, currently trading at $111.After rising from lows of $80.83 on Jan. 24, Solana experienced a modest reversal of the overall decline. Despite this, the upswing was considerable, but it was halted by a stiff resistance barrier around $118, causing a pullback.
A break of the $118 barrier might lead to greater gains. This time, investors should expect the price of Solana to pierce through and retest the next barrier, which is currently $140. Although the $110 support level appears to be holding, a break could result in a retest of the $94 level. Solana stunned everyone in 2021 with its lightning-fast transaction speeds and low pricing. Solana was able to become one of the main blockchain support builders in the crypto market almost overnight as a result of this. Solana's value soared by thousands of percent, propelling it into the top 10 coins in terms of
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