Solana Meme Coin Market Analysis
The biggest opportunity and hot spot in the market is still Memecoin, and among them, Solana Memecoin is even crazier.

The biggest opportunity and hot spot in the market is still Memecoin, and among them, Solana Memecoin is even crazier.
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The SOL price has dumped to its lowest point since March 2021.
Daily RSI for SOL has remained below the neutral 50-level for most of the last month indicating a higher sell-side pressure in the market.
Solana is tailing broader crypto market trends while battling concerns about repeated network outages and centralization.
SOL's bear flag setup sees its price declining to $21 by September 2022.
SOL price has been repeatedly knocked down by network outages, a shrinking total value locked on the network and futures traders’ disinterest in trading the altcoin.
Solana market grapples with multiple bearish setups if it breaks below its key 50-week moving average.