Home Business Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible? By Cointelegraph

Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible? By Cointelegraph

Editorial Board
-
0
Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible? By Cointelegraph

[ad_1]


Solana (SOL), the cryptocurrency once supported by Sam Bankman-Fried, pared some losses on Dec. 30, a day after falling to its lowest level since February 2021.

On the daily chart, SOL’s price rebounded to around $10.25, up over 20% from its previous day’s low of approximately $8.

weekly price chart. Source: TradingView
FTT (red) vs. LUNA (green) vs. SOL (blue) performance since November 2021. Source: TradingView
SOL/USD daily price chart featuring Doji candlestick pattern. Source: TradingView