SOL Price Hints A Fall For The Ages, Ending 2023 Under $50?
With markets stepping back as the ETF optimism stalls, the altcoins roll down on a bearish slope. Solana's market cap falls from $23.3 Billion to $22.5...
- The SOL price trend shows a bearish trend reversal possibility with an inverted head and shoulder pattern.
- The SOL price is testing a support trendline confluence, and a downfall under $50 could drop the market value under $44.
- The altcoins are rolling down on a bearish slope, with Solana's market cap falling from $23.3 billion to $22.5 billion and the SOL price dropping close to $50.
- Despite increasing volatility, the Solana price prediction shows a bullish long-term outlook.
The article discusses both bullish and bearish possibilities for the SOL price trend. While there are concerns about a potential bearish reversal, there is also optimism for a bullish rally in the long term.