Article2 months ago

Solana Price Faces Rejection, Potential Pullback to Follow

Solana Price Faces Rejection, Potential Pullback to Follow
Summary
  • Tokens like Sapphire Network, Oasis Network, and Terra Classic have gained attention, while Flare, Chainlink, Bittensor, Render Token, and Bitcoin have failed to attract traders.
  • Solana's price has been consistently rising since October 2023, but it recently faced a rejection from highs above $100, and the bears are attempting to drag the price lower.
  • The SOL price may experience a minor pullback to the 0.618 Fibonacci levels after facing rejection from the 0.786 Fibonacci levels.

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