Solana eyes 40% jump in August despite long-term bearish signals

2022.07.27 02:13

Solana eyes 40% jump in August despite long-term bearish signals

Solana (SOL) dipped to a two-week low at around $35.50 on July 26, mirroring downside moves elsewhere in the crypto market. Nonetheless, technicals suggests that Solana’s price flirts with the prospects of rising 40% in August.

Ironically, the bullish setup for Solana emerges out of a classic bearish continuation pattern.

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