Solana price decreased by -0.62% over the past 24 hours.

Solana price decreased by -0.62% over the past 24 hours.

SOL Analysis

Overall Performance
24-hr 7-Day 30-Day 1-Year Mkt Cap. 24-hr Vol.
-0.62% 2.01% -4.40% -84.37% 8.11 bn 0.25 bn

Solana (SOLUSDT) price over 7 days gained 2.01% to 20.99 for the week ending 2023-04-02. For the record, SOLUSDT is -91.91% below all-time high of 259.96.

Over the last 30 days, SOL is down by -4.40% while 12-month period is down by -84.37%.

For the week, our technical analysis seems stronger on the upside as 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 decreased by -0.62% over the past 24 hours. Our analysis is that the price action looks mixed.

Looking ahead for the day, immediate support level is at 20.71 (S1) with break below could see further selling pressure towards 20.42 (S2). As the current momentum is fading, we prefer to look at firm break of the recent daily high of 21.34 with a higher-low pullback as a possible indicator of buying interest. Though failure to break the resistance level could also suggest price consolidation.

Key levels to watch out:

R3 21.91
R2 21.62
R1 21.31
Daily Pivot 21.02
S1 20.71
S2 20.42
S3 20.11

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