Solana price decreased by -1.87% over the past 24 hours.

Solana price decreased by -1.87% over the past 24 hours.

Performance after Thursday 01-Dec
Period Pct Chg Momentum
Thursday -4.59% -0.65
Week to-date -3.54% -0.5
November -58.51% -19.05

SOL Analysis

Solana (SOLUSDT) price for the week to-date dropped -3.54% or -0.5 lower to 13.62. At time of writing into Friday’s trading session, Solana has decreased by -1.87% over the past 24 hours. For the record, SOLUSDT is -94.76% below all-time high of 259.96. On Thursday, SOL dropped -4.59% to 13.51.

On the daily timeframe, price is below 9-Day EMA and Stochastic oscillator is rising, our analysis is that the price action might be set for a rebound.

End of November, SOL is down by -58.51% or -19.05 lower.

What can we expect from Solana today?

Looking ahead for the day, we are looking at 14.32 or 14.00 (R1) as important resistance levels and daily low of 13.40 and 13.21 (S1) as key support levels. Solana need to break on either side to indicate a short-term bias. A close below 13.40 would indicate selling pressure.

For the week to-date, take note that Solana is falling as the pair posted lower, down by -3.54%. Prior performance for the week ending 2022-11-27 was 15.08%.

Key levels to watch out:

R3 14.79
R2 14.49
R1 14.00
Daily Pivot 13.70
S1 13.21
S2 12.91
S3 12.42

Last updated: 01:39 am UTC, 02-Dec 2022

Leave a Reply

Your email address will not be published.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