Solana's recent price surge and institutional support suggest a bullish outlook, with predictions of a potential rise to $1700. However, some analysts advise caution, emphasizing the need for further price stability before significant gains.
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JinseFinanceThe SOL price has dumped to its lowest point since March 2021.
BeincryptoDaily 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.
BeincryptoSolana is tailing broader crypto market trends while battling concerns about repeated network outages and centralization.
CointelegraphSOL's bear flag setup sees its price declining to $21 by September 2022.
CointelegraphSOL 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.
Cointelegraph
NulltxNulltxSolana market grapples with multiple bearish setups if it breaks below its key 50-week moving average.
Cointelegraph