Technical analysis by DEinvestment about Symbol SOL: Buy recommendation (12/17/2022)

Today's Solana price analysis is pessimistic.The most resistance is found at $14.57.At the time of writing, SOL was trading at $12.31.Solana's price analysis for December 17, 2022, suggests that the market is completely bearish; however, Solana has achieved enormous negative momentum, indicating a decrease in the SOL market. Solana's pricing has stayed negative in recent hours. Today, the price dropped from $13.06 to $11.94. However, the market began to rise in value again soon after, since the cryptocurrency had already gained more of its value. Furthermore, Solana has surged to $12.31, barely shy of the $12.50 level.Solana's current price is $12.31, with a trading volume of $383,744,102. Solana has been taken ill. This gives us 8.37% in the last 24 hours. Solana currently ranks at #15 with a live market cap of $4,510,324,801.