Solana Price Slides to $79 – Where the Next Floor Could Be

45 minutes ago 2

Rommie Analytics

Key Takeaways

  • SOL $79.57, down 2.63%, low $77.92.
  • Price 10.6% below the 200-day SMA at $88.98.
  • 0.618 near $84.72 lost; 0.786 near $73.82 next.
  • Down 36% from the $124.80 October peak.

Coindoo’s November 10 update had SOL at $82, with $81.34 as the last support inside its two-week range and $78.68 as the first level beneath it. Both have now traded. The figures here are from the Binance daily chart at 06:25 UTC on Friday.

−36%
from the October peak
−10.6%
below the 200-day SMA
7.2%
to the 0.786 near $73.82

Five weeks, four levels

Solana’s decline from $124.80 has had a rhythm to it. The 0.236 near $109.50 went in the first half of October. The 0.382 near $100.03 went at the start of November, taking the $100 mark and the 100-day average with it. The 200-day followed on November 8, the 0.5 near $92.37 was gone by then too, and the ...

Read Entire Article