{"id":1330,"date":"2022-12-07T08:44:22","date_gmt":"2022-12-07T08:44:22","guid":{"rendered":"https:\/\/solanacrypto.news\/2022\/12\/07\/solana-price-analysis-sol-falls-to-13-98-in-a-bearish-market\/"},"modified":"2022-12-07T08:44:22","modified_gmt":"2022-12-07T08:44:22","slug":"solana-price-analysis-sol-falls-to-13-98-in-a-bearish-market","status":"publish","type":"post","link":"https:\/\/solanacrypto.news\/2022\/12\/07\/solana-price-analysis-sol-falls-to-13-98-in-a-bearish-market\/","title":{"rendered":"Solana price analysis: SOL falls to $13.98 in a bearish market"},"content":{"rendered":"
\n

Solana price<\/a> analysis shows that the token is trading in bears today. After hitting an all-time high earlier today, the crypto fell spectacularly to reach a low of $13.98, a major bearish sign, losing all the gains market during the rally. The support at $13.94 also fell, further fueling the bearish sentiment in Solana price<\/a>, and if it brokes further, the token could continue to fall even lower, while the resistance for SOL\/USD is at $14.31. which may provide some short-term relief. If you are trading SOL, be aware of these price movements and use caution in your trades.<\/p>\n

SOL\/USD 1-day price chart: Solana continues looking for its supports<\/span><\/h2>\n

The 1-day price chart for Solan price analysis shows the token is on a downtrend for a second day, though the bulls were seen attempting to push the price higher toward the $14.31 support level, it was not able to hold this point and continue trading lower. The price further covered a range downwards, and SOL is trading at $13.98 at the time of writing, reporting a one percent loss over the last 24 hours, but still reports an increase of more than 2.17 percent in price value over the\u00a0past week.<\/p>\n

\"image