Over the previous 24 hours, the cryptocurrency market has seen bearish momentum, with main cryptocurrencies similar to Solana (SOL), Toncoin (TON), and Aptos (APT) seeing vital drops.
In the meantime, Bitcoin and Ethereum are additionally going through minor losses, however are stabilizing towards key help ranges at $64,000 for Bitcoin and $3,000 for Ethereum.
Solana (SOL) Value Evaluation
Based on information from CoinMarketCap, SOL started the day's buying and selling at $182.09 and shortly rose to an intraday excessive of $183.98. Nevertheless, this bullish momentum didn't final lengthy as bearish forces quickly prevailed, inflicting the worth to fall to an intraday low of $166.26.
Regardless of this pullback, SOL has stabilized and is at present above the important thing help degree of $165, which may counsel additional upside is feasible within the close to future. On the time of writing, SOL is buying and selling at $169.33, marking a 6.92% drop over the previous 24 hours.
Nonetheless, the token has but to shake off bullish sentiment in its long-term development. Based on information from CoinMarketCap, SOL has achieved a month-to-month achieve of over 15% and a extra modest weekly achieve of 0.27%. This efficiency highlights SOL's resilience and potential…
The article Bearish Momentum Sweeps Crypto Markets: SOL, TON, APT Plummets appeared first on Coin Version.
