Markets· ★★· bearish·

Solana drops 2.93% to $119.65 as volume falls 42% below average

  • —SOL at $119.65, down 2.93% on the day
  • —Volume at $2.12B, 42.37% below the 30-day average
  • —Price above 15, 30, 50, 90 and 200-day SMAs, below 5 and 7-day
  • —RSI at 61.4 shows no overbought condition; MACD leans bearish
Why it matters: Thin volume confirmation and a bearish MACD point to further downside risk for Solana in the near term.
#SOL
Source: DiarioBitcoin
More on this
Markets · yesterday
XRP Falls 2.51% to $1.49 as Volume Drops 38% Below Average
 Markets · Sep 30
Bitcoin needs to fall 2.2% to drop below ETFs' $81,722 average cost basis
 Markets · Sep 25
Solana Captures 80% of Memecoin Trading Volume as Robinhood's Share Falls to 12%