Solana (SOL), which has been referred to as the Ethereum killer and has seen a return to above $200 after a drop to single-digit prices in the past, may have witnessed a swing failure pattern (SFP) after retracing from $110.

ETH-0,58%
SOL-1,05%
SFP0,06%
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Bayindirisvip
· 2024-08-10 12:02
It is necessary to mention that SFPs generally serve as potential reversal points for analysts and investors. On the other hand, while an analyst indicates that SOL may have completed its ABC corrective wave, he also emphasized that the market correction may have likely come to an end.
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