Solana price increased by 4.87% over the past 24 hours.

SOL Analysis

Overall Performance
24-hr7-Day30-Day1-YearMkt Cap.24-hr Vol.
4.87%1.22%-7.99%-50.37%8.12 bn0.26 bn

Solana (SOLUSDT) price over 7 days gained 1.22% to 20.46 for the week ending 2023-05-28. For the record, SOLUSDT is -92.12% below all-time high of 259.96.

Over the last 30 days, SOL is down by -7.99% while 12-month period is down by -50.37%.

For the week, our technical outlook indicates price consolidation though Solana is still up over the last 7 days.

SOLUSDT 4-hour Chart by TradingView

What can we expect from Solana today?

At time of writing, Solana has increased by 4.87% over the past 24 hours. Our daily analysis is that there are more Solana holders over sellers.

Looking ahead for the day, immediate upside resistance level at 21.02 (R1) with break above could target 21.59 (R2), while on the downside we are looking at daily low of 19.43 as an immediate support level. Break below this level could weaken the current bullish momentum.

Key levels to watch out:

Daily Pivot20.23

Disclaimer: We do not endorsed nor verified the posts provided by Twitter widget .

Leave a comment

Your email address will not be published. Required fields are marked *