• Solana reversed from key resistance level 180,00
• Likely to fall to next support level 150,00
Solana cryptocurrency currency recently reversed down from the key resistance level 180,00 (former strong support from October, November and also from the start of December, acting as the resistance after it was broken), intersecting with the 20-day moving average and with the 38.2% Fibonacci correction of the previous sharp downward impulse wave C.
Given the predominantly bearish sentiment that can be observed across the currency cryptocurrency today, Solana cryptocurrency can be expected to fall further toward the next support level 150,00 (which stopped the earleir intermediate correction (2)).