Title says it all. While the rest of the crypto market seems to have room for correction, Solana seems to have reached his floor price. $83/84.
Considering its utility and general mass adoption in recent years, I really don’t see it going much lower than this.
But with everything going on in the world right now and gas prices going up with no end in sight and everyday goods increasing in price as well, it’s hard to confidently determine whether it’s bullish or bearish.
What do you think? Could we really get much lower than this? Will the bearish sentiment in the rest of the crypto market continue to also drag Solana down? Take a look at the chart and let me know what you think.