Performance after Sunday 27-Nov | |||
Period | Pct | Chg | Momentum |
Sunday | -0.14% | -0.02 | |
Week ending 2022-11-20 | -6.90% | -0.91 | |
November | -58.35% | -19 |
SOL Analysis
Solana (SOLUSDT) price for the week ending 2022-11-20 dropped -6.90% or -0.91 lower to 13.56. At time of writing into Monday’s trading session, Solana has decreased by -3.90% over the past 24 hours. For the record, SOLUSDT is -94.78% below all-time high of 259.96. On Sunday, SOL dropped -0.14% to 14.15.
On the daily timeframe, price is above 9-Day EMA and Stochastic oscillator is rising, our analysis is that there is bullish momentum and price could continue to go higher.
For the month-to-date, SOL is down by -58.35% or -19 lower.
What can we expect from Solana today?
Looking ahead on Monday, we are looking at 14.98 or 14.21 (R1) as important resistance levels and daily low of 14.06 and 14.08 (S1) as key support levels. Solana need to break on either side to indicate a short-term bias. A close below 14.06 would indicate selling pressure.
For the week ending 2022-11-20, take note that Solana is falling as the pair posted lower, down by -6.90%. Prior performance for the week ending 2022-11-13 was -59.60%.
Key levels to watch out:
R3 | 14.34 |
R2 | 14.26 |
R1 | 14.21 |
Daily Pivot | 14.13 |
S1 | 14.08 |
S2 | 14.00 |
S3 | 13.95 |
Last updated: 01:25 am UTC, 28-Nov 2022