CandleFocus

Solana Price Analysis: What’s Keeping SOL Below $200?

The Solana cryptocurrency has experienced a three-day rally, increasing from $127 to $147, representing a growth of 16.6%. This bullish movement aligns with the overall market trend after the US Federal Reserve implemented a 0.5% rate cut. The question now is whether the positive sentiment will be sufficient to push SOL's price above $200 or if sellers will take action to cause another price decrease.

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