Name: Breaking Down Solana's Triangle Pattern
Uploaded: 2024-07-16T16:17:57.000Z
Duration: 58 s
Description: Solana's SOL token nearly doubled to over $200 in the first quarter, since then the uptrend has lost steam, with pullbacks supported around $120. That has resulted in a so-called descending triangle pattern, comprising a downward sloping trendline, representing lower highs and a flat trendline, representing a solid support level. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

CoinDesk 20$2,042.321.74%Bitcoin$70,516.500.97%Ethereum$2,149.872.81%XRP$1.451.32%Solana$89.441.41%

Breaking Down Solana's Triangle Pattern | CoinDesk Videos

Loading video...

CoinDesk 20$2,042.321.74%Bitcoin$70,516.500.97%Ethereum$2,149.872.81%XRP$1.451.32%Solana$89.441.41%

Breaking Down Solana's Triangle Pattern | CoinDesk Videos