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Solana Price Prediction: SOL Eyes $79 Breakout After 10-Month Losing Streak
['Tia Avet', 'Analyst', 'Covering Cryptocurrency Markets', 'Policy', 'Regulation. With Over Seven Years Of Experience In Business', 'Marketing Development', 'She Has Spent The Past Two Years Specializing In Digital Assets.', 'Min Read', 'August']
Coinpaper
is trying to end a record run of 10 consecutive monthly losses while challenging a descending trendline near $74.40.
Solana Tries to End a Record 10-Month Losing StreakSolana’s monthly chart shows 10 consecutive red candles, the longest such streak in the chart’s history, according to Nebraskangooner.
Solana Monthly Chart.
Solana Tests a Descending Trendline Near $74.40Solana is pressing against a descending trendline near $74.40 after recovering from support around $72.
Clearing those levels could create room for a move toward the stop-liquidity area near $79 identified by TraderSZ.