Solana Price Falls Below $14 – Does This Signal A Gloomy Week For SOL?

In the previous month, Solana (SOL) has failed to make progress as the token fell victim to the market contagion brought about by the collapse of crypto exchange FTX.
As of this writing, all time horizon indicators for Solana’s native token SOL are red.Since succumbing to market contagion, Solana has continued to bleed
Using bearish metrics and technical indicators, we may anticipate a more negative outlook.The token and ecosystem of SOL are not looking good according to other indicators.