<em><strong>Solana has peaked and SOL is hanging above $180. However, it has been tough on Uniswap bulls where UNI could dump to $15.</strong></em>
<h2>Solana (SOL)</h2>
The high throughput and scalable Ethereum competitor uses SOL as the primary currency.
<h3>Past Performance of SOL</h3>
The Solana is, as expected, solid, soaking selling pressure.

From the SOL technical analysis of the daily chart, it seems like buyers are taming rapacious sellers and caging SOLUSDT price action.
<h3>Day-Ahead and what to Expect</h3>
From the daily chart, the short-term trend favors Solana token sellers.

However, this is only natural considering the sharp gains of SOL crypto prices in the past few months.

At present, SOL prices are solid above $180 following the contraction from all-time highs of around $260.

Provided SOLUSDT prices trend inside this $80 zone, buyers are in control.
<h3>Solana Technical Analysis</h3>
<a href="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/12/Solana-Daily-Chart-for-December-6.png"><img class="alignnone size-full wp-image-223264" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/12/Solana-Daily-Chart-for-December-6.png" alt="Solana Daily Chart for December 6" width="1366" height="768" /></a>

Solana wasn't spared the coldness of over the weekend.

Still, SOL coin prices are within an $80 zone above the primary support at $180. Even though buyers are optimistic, sentiment is <a href="https://www.cryptoknowmics.com/news/sol-technical-analysis-bullish-reversal-struggles-within-rising-channel/">bearish</a>.

Therefore, while there could be an expansion back to all-time highs, a contraction below the floor at $180 may force further losses to $130—the 61.8 percent Fibonacci retracement of the H2 2021 trade range.
<h2>Uniswap (UNI)</h2>
The world's largest DEX on Ethereum uses UNI for governance.
<h3>Past Performance of UNI</h3>
Uniswap token prices are struggling, presently sinking under the weight of sellers are visible in the daily chart. As it is, the Uniswap coin may sink deeper unless there is a swift shift in sentiment.
<h3>Day-Ahead and what to Expect</h3>
The DEX's fundamentals might be solid, but UNIUSDT price action is relatively weak.

The break below $18—the minor support line now resistance—on December 4 signaled a change in trend.

Besides, it confirmed the double bar reversal trend from the middle BB. Therefore, on pullback inside December 4 bear bar and below $18, aggressive sellers might look to swing the trend.
<h3>Uniswap Technical Analysis</h3>
<a href="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/12/Uniswap-Daily-Chart-for-December-6.png"><img class="alignnone size-full wp-image-223268" src="https://www.cryptoknowmics.com/news/wp-content/uploads/2021/12/Uniswap-Daily-Chart-for-December-6.png" alt="Uniswap Daily Chart for December 6" width="1366" height="768" /></a>

With UNI coin buyers struggling to contain rampant sellers, the downtrend has been confirmed and cemented.

Already, the UNIUSDT swing low is with high trading volumes pointing to high momentum.

As such, with UNI bear bars aligning with the lower BB and below $18, sellers may trade with the trend, unloading on every attempt higher targeting $15—a multi-month support line marking Q3 2021 low.

Solana (SOL) and Uniswap (UNI) Technical Analysis: Prices Freefalling

Solana has peaked and SOL is hanging above $180. However, it has been tough on Uniswap bulls where UNI could dump to $15.

Dalmas has been passionate about the blockchain and crypto space ever since he’s heard about it. As someone who’s been closely following the trends in the crypto space, Dalmas is excited about what lies ahead in this niche and is all set to explore it. While he’s been advocating crypto adoption for a number of years, he’s himself a HODLer, which makes his voice authoritative and credible.

Solana (SOL) and Uniswap (UNI) Technical Analysis: Prices Freefalling

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