Solana's native token (SOL) has declined to approximately $168, leading to significant exchange liquidations. The token's relative strength index (RSI) has entered oversold territory, suggesting a potential rebound. Analysts anticipate an 80% price increase by the end of the year if buying momentum picks up. The current high trading volume and RSI conditions offer a favorable risk-reward scenario for bullish traders. Additionally, whale accumulation and robust network fundamentals bolster the optimistic outlook for Solana.
Solana RSI Indicates Oversold Conditions, Analysts Forecast 80% Rally
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