Solana price displays negative behavior as the bears have suppressed the “centralized Ethereum killer” into a zone unprovoked since July 2021. The bearish decline has been accomplished in a “penny from the Eiffel style” manner as what was once thought as a back-and-forth chop ultimately led to a free-fall frenzy on the daily chart.
The crypto market needs to turn soon, or summer will be a very disappointing time for investors. Here’s a June recap of Bitcoin, Ethereum and XRP prices.