Solana is battling with a new bearish wave of prices which affected the altcoin from the last 2nd of April.
Experts refer to the level of control (PoC – Point of Control) for Solana a bit lower than $102. Last week such an ascending pattern was recognized but after this peak nothing moved.
For certain analysts the vision for Solana is surely an upward trend but prices are kept lower than the 102$ threshold where the PoC is with not enough strength to overtake this obstacle.
Investors do not exclude that a pessimistic approach may also take place seeing Solana going down to 92$ before starting to hike again from the new support created.
At press time Solana is trading at 94.07 USD +0.7% on a daily basis and -8.89% on a weekly chart.