Solana heads into its first losing month since July at 100 dollars

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Analysis: Solana stands at $100.29 on Thursday evening and closes October 15.8 percent down, its first monthly loss since July. What the round mark really means at the monthly close and what you can check before November 1.Solana is quoted at $100.29 on Thursday evening. That puts the price 15.8 percent below the September close of $119.09, and October becomes the first month since July to end with a loss. After two strong summer months the direction is turning again, and the monthly close on Saturday evening falls right on the round hundred mark. On the record: the monthly closing price was 36.6 percent up in August and 17.1 percent up in September, October stands at 15.8 percent down, and today's low was $99.23. Our assessment follows further below: the hundred mark is no support in itself, it becomes one only through the monthly candle that records it. Where the price can point over a horizon of months is set out in our Solana price prediction. This article takes on the short...