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Solana, Ethereum Classic, Decentraland Price Analysis: 22 December
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Although the fear sentiment lightened, the bulls failed to gather increased trading volumes for depicting a strong trend reversal. Consequently, SOL showed slackening signs after poking the $187-level.
While Ethereum Classic and MANA saw a decent week-long recovery, the overall directional trend still remained weak.
Solana (SOL)
TradingView, SOL/USD
A sharp trend reversal seemed to take place for SOL ever since it poked its two-month low on 13 December. Post a falling wedge (green) breakout, the altcoin steadily marked higher lows while maintaining the flat upper trendline (white). Thus, forming an ascending triangle on its 4-hour chart after a v-shaped recovery over the past three days.
SOL noted a 25.61% ROI (since 13 December low) and found
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