Will Solana soon reach a new all-time high?

Today, FATPIGSIGNALS and I will look at the Solana chart and how it might evolve in the future.

The Solana price has lost momentum. It has fallen for the last six days in a row as crypto sentiment worsens. The SOL token is trading at $161, about 25% below its all-time high of $215. It has a market cap of more than $47 billion, making it the 7th largest token globally.