![](https://marketrecap.today/images/SOL.jpg)
Performance after Thursday 21-Jul | |||
Period | Pct | Chg | Momentum |
Thursday | 2.55% | 1.07 | ![]() |
Week to-date | 11.19% | 4.32 | ![]() |
July | 27.19% | 9.18 | ![]() |
SOL Analysis
Solana (SOLUSDT) price for the week to-date gained 11.19% or 4.32 higher to 42.94. At time of writing into Friday’s trading session, Solana has increased by 2.19% over the past 24 hours. For the record, SOLUSDT is -83.48% below all-time high of 259.96. On Thursday, SOL rose 2.55% to 43.11.
On the daily timeframe, price is above 9-Day EMA and Stochastic oscillator is falling, our analysis is that bullish momentum could be fading.
For the month-to-date, SOL is up by 27.19% or 9.18 higher.
What can we expect from Solana today?
Looking ahead for the day, we are looking at 46.30 or 45.02 (R1) as important resistance levels and daily low of 39.64 and 40.42 (S1) as key support levels. Solana need to break on either side to indicate a short-term bias. A break above 44.24 would suggest bullish bias after recent positive movement.
For the week to-date, take note that Solana is rising and up by 11.19% as the pair continued to trade higher in the past few days. Prior performance for the week ending 2022-07-17 was 5.20%.
Key levels to watch out:
R3 | 49.62 |
R2 | 46.93 |
R1 | 45.02 |
Daily Pivot | 42.33 |
S1 | 40.42 |
S2 | 37.73 |
S3 | 35.82 |
Last updated: 02:23 am UTC, 22-Jul 2022