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Cryptopotato

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3 Reasons Why the Solana (SOL) Price Crashed by 20% Weekly

  • Solana (SOL) experienced a 20% weekly price crash, falling below $140.
  • Reasons for the drop include a broad crypto correction, whale sell-offs, and potential selling pressure caused by a proprietary trading firm.
  • Despite the drop, market observers remain optimistic about a possible rebound and view the current price condition as a buying opportunity.
  • SOL's oversold RSI (15.9) suggests a potential rebound in the near future.

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