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Will the ongoing bearish market trend lead to a potential drop of Solana's price below $120 by the end of the week?

CoinGape LogoCoinGape1w ago

Will the ongoing bearish market trend lead to a potential drop of Solana's price below $120 by the end of the week? - CoinGape

Quick Summary:

Solana price forecast: SOL has seen a notable decrease, breaking below the $150 resistance barrier.

This decrease marks a 3% drop in Solana price over the past day, settling at $141.97.

Currently, Solana market capitalization stands at approximately $63.6 billion, positioning it as the fifth-largest cryptocurrency by market cap.

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Will the ongoing bearish market trend lead to a potential drop of Solana's price below $120 by the end of the week? - CoinGape (Picture 1) Will the ongoing bearish market trend lead to a potential drop of Solana's price below $120 by the end of the week? - CoinGape (Picture 2) Will the ongoing bearish market trend lead to a potential drop of Solana's price below $120 by the end of the week? - CoinGape (Picture 3)

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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-05-09 @ 20:51:28 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 485 words

Reading Time: 3 minutes read

Sentences: 43 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 20923616

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 17 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story " Will the ongoing bearish market trend lead to a potential drop of Solana's price below $120 by the end of the week?" has 485 words across 43 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story " Will the ongoing bearish market trend lead to a potential drop of Solana's price below $120 by the end of the week?" was covered 1 weeks ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 17 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #20923616
  • URL: https://beamstart.com/news/solana-price-forecast-will-the-17152590887074

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