Solana price increased by 4.55% over the past 24 hours.

Solana price increased by 4.55% over the past 24 hours.

Performance after Saturday 30-Jul
Period Pct Chg Momentum
Saturday 4.61% 1.93
Week to-date 6.01% 2.46
July 28.52% 9.63

SOL Analysis

Solana (SOLUSDT) price for the week to-date gained 6.01% or 2.46 higher to 43.39. At time of writing into Sunday’s trading session, Solana has increased by 4.55% over the past 24 hours. For the record, SOLUSDT is -83.31% below all-time high of 259.96. On Saturday, SOL rose 4.61% to 43.84.

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 up by 28.52% or 9.63 higher.

What can we expect from Solana today?

Looking ahead for the day, to see upside interest, we prefer to look at price breakout of last daily high of 46.65 or trades above daily pivot 43.97. and daily low of 41.41 and 41.28 (S1) as key support levels. Solana need to break on either side to indicate a short-term bias. A break above 46.65 would suggest bullish bias after recent positive movement.

For the week to-date, take note that Solana is rising and up by 6.01% as the pair continued to trade higher in the past few days. Prior performance for the week ending 2022-07-24 was 5.98%.

Key levels to watch out:

R3 51.76
R2 49.21
R1 46.52
Daily Pivot 43.97
S1 41.28
S2 38.73
S3 36.04

Last updated: 02:52 am UTC, 31-Jul 2022

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