Solana price decreased by -6.86% over the past 24 hours.

SOL Analysis

Overall Performance
24-hr7-Day30-Day1-YearMkt Cap.24-hr Vol.
-6.86%4.71%94.55%346.39%24.15 bn1.99 bn

Solana (SOLUSDT) price over 7 days gained 4.71% to 56.88 . For the record, SOLUSDT is -78.00% below all-time high of 259.96.

Over the last 30 days, SOL is up by 94.55% while 12-month period is up by 346.39%.

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

What can we expect from Solana today?

At time of writing, however, Solana has decreased by -6.86% over the past 24 hours. Our daily analysis is that the price action looks mixed.

Looking ahead for the day, immediate support level is at 54.81 (S1) with break below could see further selling pressure towards 52.74 (S2). As the current momentum is stalling, we prefer to look at firm break of the recent daily high of 61.33 as a possible indicator of buying interest. Break above could target 63.40. Rejection from the resistance level could suggest price consolidation.

Key levels to watch out:

Daily Pivot58.07

Leave a comment

Your email address will not be published.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