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Solana Struggles Below $215: Is It Going To Recover?
Solana’s recent price movement has been nothing short of erratic. The cryptocurrency rose by a staggering 67% in just 17 days as the bull rally started on October 10 this year. However, its upward momentum was short-lived as it hit an all-time high at $263 and then dipped to a low of $203 last week.
As SOL’s price struggles below the psychological mark of $215, many are left wondering if this is merely a correction or the start of a more severe downturn. One thing is certain, however – the cryptocurrency has been in a tight spot lately.
The recent decline is quite concerning for investors who had seen tremendous gains on their investment in Solana. It’s no secret that the market is known to be highly volatile, and it’s essential to stay vigilant.
Source: coinpedia.org
