Solana price decreased by -2.48% over the past 24 hours.

Solana price decreased by -2.48% over the past 24 hours.

Overall Performance
24-hr 7-Day 30-Day 1-Year Mkt Cap. 24-hr Vol.
-2.48% 19.90% -3.04% -75.90% 8.29 bn 0.87 bn

SOL Analysis

Solana (SOLUSDT) price over 7 days gained 19.90% to 21.67. At time of writing, Solana has decreased by -2.48% over the past 24 hours. For the record, SOLUSDT is -91.68% below all-time high of 259.96.

Over the last 30 days, SOL is down by -3.04% while 12-month period is down by -75.90%.

What can we expect from Solana today?

On the daily timeframe, our analysis is that there could be selling pressure.

while on the downside, we are looking at daily low of 21.05 as an important support. Break below this level could weaken the current bullish momentum.
Looking ahead for the day, immediate support level is at 20.83 (S1) with break below could see further selling pressure towards 20.00 (S2). For potential buyers, as the current momentum is falling, we prefer to look at firm break of the recent daily high of 22.94 as an important indicator of buying interest. Failure to break the resistance level would continue to echo bearish sentiment.

Key levels to watch out:

R3 24.61
R2 23.78
R1 22.72
Daily Pivot 21.89
S1 20.83
S2 20.00
S3 18.94

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