These 3 altcoins lose key support, how low can they go?
LINK, ADA, and SOL all lost chart levels after a broader crypto-market pullback. Traders were watching lower levels at $12.39 for LINK, $0.21 for ADA, and $111 for SOL.
What this rests on
What it means
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Holders of LINK, ADA, and SOL are the main group that would notice this right away, because each token was described as having lost key chart levels and being watched at lower levels. Market participants following these coins would see that the focus has moved to $12.39 for LINK, $0.21 for ADA, and $111 for SOL.
In practice, the move means the earlier chart levels named for these tokens are no longer the reference points being watched in the same way as before. What remains unchanged is that the discussion stays centered on technical levels for LINK, ADA, and SOL rather than any broader change to the assets themselves. (per tokenpost.com)
Market reaction
How the story was built
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Where this sits in the Solana series
| When | What happened | Figure |
|---|---|---|
| 20 days ago | SOL a 124.6 $ high | today it sits -16.3 % from there |
| 2 days ago | SOL a 101.4 $ low | today it sits +2.9 % from there |
From what we have stored, starting 22 days ago.