Solana (SOL), which started to retreat with rejection at $ 27.15, continues to seek direction at the intermediate price.
The bull mood that Ripple has had for a short time in the past days has greatly added value to SOL. SOL, which made the biggest rise after XRP and XLM, managed to reach $ 32.14. However, the stagnation of the news flow in the market and the volatile movements of BTC affected the price structure of SOL. How does the chart for SOL continue? Which levels can be tracked?
Solana (LEFT) Chart Analysis
SOL, which was on the rise with the news in Ripple, threw a needle at $ 32.14. SOL, which started to decline as the market turned its course down and the SEC-Ripple case settled down, is currently trading at $25.52. Right in the middle of the next resistance and support, the SOL could target $29.13 and $32.14 as long as it stays above $27.15.
A test of $23.86 and the failure of buyers to hold this point could be a harbinger of deep drops in the SOL. In this scenario, the support zones to be followed on behalf of the SOL will be 22.44 – 20.39 and 19.35 dollars. Failure of $19.35 to act as support could open the way to $15.
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