Solana price increased by 2.48% over the past 24 hours.

SOL Analysis

Overall Performance
24-hr7-Day30-Day1-YearMkt Cap.24-hr Vol.
2.48%33.04%84.40%23.77%17.70 bn1.38 bn

Solana (SOLUSDT) price over 7 days gained 33.04% to 41.75 for the week ending 2023-11-05. For the record, SOLUSDT is -83.78% below all-time high of 259.96.

Over the last 30 days, SOL is up by 84.40% while 12-month period is up by 23.77%.

For the week, our technical outlook seems stronger towards the upside as Solana is up over the last 7 days.

SOLUSDT

What can we expect from Solana today?

At time of writing, Solana has increased by 2.48% over the past 24 hours. Our daily analysis is that traders are more interested in accumulating SOL than selling.

Looking ahead for the day, immediate upside resistance level at 42.86 (R1) with break above could target 43.96 (R2), while on the downside we are looking at 40.64 (S1) or daily low of 40.63 as immediate support levels. Break below these levels could weaken the current bullish momentum and may target towards 39.52 (S2).

Key levels to watch out:

R345.08
R243.96
R142.86
Daily Pivot41.74
S140.64
S239.52
S338.42

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