{"id":14874,"date":"2022-12-20T22:40:41","date_gmt":"2022-12-20T22:40:41","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/20\/solana-sol-usd-struggles-again-as-price-slips-below-20-day-ma\/"},"modified":"2022-12-20T22:40:41","modified_gmt":"2022-12-20T22:40:41","slug":"solana-sol-usd-struggles-again-as-price-slips-below-20-day-ma","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/20\/solana-sol-usd-struggles-again-as-price-slips-below-20-day-ma\/","title":{"rendered":"Solana (SOL\/USD) struggles again as price slips below 20-day MA"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671569541874-4838a55a-d232-490e-af4e-9a0b2f6458f6-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671569541874-4838a55a-d232-490e-af4e-9a0b2f6458f6-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671569541874-4838a55a-d232-490e-af4e-9a0b2f6458f6-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1671569541874-4838a55a-d232-490e-af4e-9a0b2f6458f6-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1671569541874-4838a55a-d232-490e-af4e-9a0b2f6458f6.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">SOL trades at $12 with weak momentum<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">The cryptocurrency is weighed by weak market fundamentals<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">SOL might consolidate additional earlier than pushing larger or decrease<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Solana (SOL\/USD) trades with dwindling volumes at $12. For one other time, the cryptocurrency faces bear stress on the now-developed help zone. Bulls have efficiently defended the extent previously, and it stays to be seen whether or not they are going to for one more time. The newest\u00a0<a href=\"https:\/\/coinjournal.net\/news\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>cryptocurrency news<\/u><\/a> has been unforgiving for SOL.\u00a0<\/p>\n<p dir=\"ltr\">A myriad of things has been towards Solana price this yr. Aside from the macro components and weak crypto sentiment, Solana has suffered by the hands of hackers. Less than every week in the past, Solana-based DEX Raydium misplaced $2.2 million. The exploit on December 16 has been answerable for a lot of the weak point of SOL presently. The hacks have been many this yr, hitting the native token.<\/p>\n<p dir=\"ltr\">But there may be some excellent news you can wish to hear about Solana. According to crypto analytics agency Nansen, Solana competed efficiently with Ethereum earlier than the FTX saga. Nansen says within the three months to October, the every day transactions on Solana hardly ever fell below 200 million. The analytics agency identified that the energetic addresses on the community had been between 600,000 to 1.1 million throughout the interval.\u00a0<\/p>\n<p dir=\"ltr\">The exercise underlined that Solana was catching up with its proclaimed Ethereum killer standing. The collapse of FTX introduced a brand new twist, taking the price considerably decrease. SOL traders are nonetheless reeling from the aftermath.<\/p>\n<h2 dir=\"ltr\"><strong>SOL trades with weak momentum on the $12 help<\/strong><\/h2>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/11\/20\/1671569661495-334bebee-76de-4f53-8906-b29ba602d976.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"287\"\/><\/p>\n<p dir=\"ltr\"><a href=\"https:\/\/www.tradingview.com\/symbols\/SOLUSD\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>SOL\/USD Chart by TradingView<\/u><\/a><\/p>\n<p dir=\"ltr\">From the every day chart, the MACD indicator exhibits a weak and bearish momentum for SOL. Trading volumes on each the purchase and promote sides are weak for the cryptocurrency. SOL is presently held on the $12 help.<\/p>\n<h2 dir=\"ltr\"><strong>What subsequent for SOL?<\/strong><\/h2>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/solana\/#:~:text=One%20Solana%20is%20currently%20worth,02%3A00%20GMT%2D8.\" rel=\"noopener noreferrer\" target=\"_blank\"><u>SOL price<\/u><\/a> might proceed consolidating on the $12 help till it gathers extra liquidity. Based on the basic developments, a break larger or decrease might happen. Should bears enhance, SOL might fall to or below $10.<\/p>\n<h2 dir=\"ltr\"><strong>Where to purchase SOL<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro provides a variety of cryptos, such as Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro customers can join with, study from, and duplicate or get copied by different customers.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=OTgwMTI&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy SOL with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    Public<\/h3>\n<p>Public is an investing platform that permits you to make investments shares, ETFs, crypto, and various property like fantastic artwork and collectibles\u2014multi function place.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/public-crypto?guid=OTgwMTI&amp;component=simple-table&amp;language=en&amp;country=US&amp;state=AZ&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy SOL with Public today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Crypto trading on Public platforms is served by Public Crypto LLC and offered through APEX Crypto. Please ensure that you fully understand the risks involved before trading.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/solana-struggles-again-as-price-slips-below-20-day-ma\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] SOL trades at $12 with weak momentum The cryptocurrency is weighed by weak market fundamentals SOL might consolidate additional earlier than pushing larger or decrease Solana (SOL\/USD) trades with dwindling volumes at $12. For one other time, the cryptocurrency faces bear stress on the now-developed help zone. Bulls have efficiently defended the extent previously, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[5564,110,1284,316,4335,21],"class_list":["post-14874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-20day","tag-price","tag-slips","tag-solana","tag-solusd","tag-struggles","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14874","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=14874"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14874\/revisions"}],"predecessor-version":[{"id":14875,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/14874\/revisions\/14875"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/14876"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=14874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=14874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=14874"}],"curies":[{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