Bears took control of the market last week, pushing several cryptos’ prices down, including Solana [SOL].
Though investors had to bear losses, things for SOL might change soon, as a buy signal appeared on the token’s chart. Does this mean SOL is poised for a bull rally?
Buy signal on Solana’s chart
Last week, Solana investors had a hard time as the token’s price dropped by nearly 10%. At the time of writing, SOL was trading at $144.39 with a market capitalization of over $66 billion.