Solana price increased by 3.13% over the past 24 hours.
SOL Analysis
| Overall Performance | |||||
| 24-hr | 7-Day | 30-Day | 1-Year | Mkt Cap. | 24-hr Vol. |
| 3.13% | -11.28% | 2.29% | 33.85% | 113.99 bn | 4.56 bn |
Solana (SOLUSDT) price over 7 days dropped -11.28% to 209.26 . For the record, SOLUSDT is -29.26% below all-time high of 295.83.
Over the last 30 days, SOL is up by 2.29% while 12-month period is up by 33.85%.
For the new week, our technical outlook looks uncertain as Solana is not performing well over the last 7 days.
What can we expect from Solana today?
At time of writing, however, Solana has increased by 3.13% over the past 24 hours. Our daily analysis is that the price action looks mixed.
Looking ahead on Monday, immediate upside resistance level at 214.17 (R1) with break above could target 219.09 (R2), while on the downside we are looking at 201.17 (S1) or daily low of 198.00 as immediate support levels. Break below these levels could weaken the current bullish momentum and may target towards 193.09 (S2).
Key levels to watch out:
| R3 | 227.17 |
| R2 | 219.09 |
| R1 | 214.17 |
| Daily Pivot | 206.09 |
| S1 | 201.17 |
| S2 | 193.09 |
| S3 | 188.17 |
About Solana
Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance (DeFi) solutions. It is a layer 1 network that offers fast speeds and affordable costs. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation with headquarters in Geneva, Switzerland.
