Solana price prediction

[nihalsari]

Solana SOL $87.38 dipped below the $76 support on Tuesday, but the bears could not maintain the lower levels.

SOL/USDT daily chart. Source: Cointelegraph/TradingView
The SOL/USDT pair is attempting a recovery, which is expected to face selling at the 20-day EMA ($87). If the price turns down sharply from the 20-day EMA, the possibility of a break below the $76 level increases. The Solana price may then tumble to the Feb. 6 low of $67.

Instead, if bulls push the price above the 20-day EMA, the relief rally may reach the $95 level. This is a crucial level to watch out for, as a close above $95 suggests that the bulls are back in the game. The pair may then rally toward $117.

[ed]

if solana hits $67 again i’m just going to delete the app and pretend i never knew what a blockchain was