Can a potential correction pre-Halving for Bitcoin cause a price surge for Solana, pushing it back to the $100 mark?

Quick Summary:

Solana Price: As the Bitcoin price hovers below $65,000, the altcoin sector is experiencing performance issues.

The volatile market conditions have particularly impacted Solana’s native token, SOL, which has seen its market value dip below the $150 threshold.

This correction has brought it down to crucial support levels, where traders are keenly watching for a potential reversal point.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Solana Price Analysis SOL Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-17 @ 23:55:38 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 361 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 20714682

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 72 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 minutes ago

Coverage Areas: India

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