Solana price increased by 5.32% over the past 24 hours.

Solana price increased by 5.32% over the past 24 hours.

SOL Analysis

Overall Performance
24-hr 7-Day 30-Day 1-Year Mkt Cap. 24-hr Vol.
5.32% -9.74% -13.79% -80.44% 7.63 bn 0.40 bn

Solana (SOLUSDT) price over 7 days dropped -9.74% to 20.79 . For the record, SOLUSDT is -92.35% below all-time high of 259.96.

Over the last 30 days, SOL is down by -13.79% while 12-month period is down by -80.44%.

For the week, our technical analysis on the price action looks pressured towards the downside as Solana is not performing well over the last 7 days.

SOLUSDT 4-hour Chart by TradingView

What can we expect from Solana today?

At time of writing, Solana has increased by 5.32% over the past 24 hours. Our analysis is that there could be selling pressure.

Looking ahead for the day, immediate upside resistance level at 21.24 (R1) with break above could target 21.70 (R2), while on the downside we are looking at daily low of 19.61 as an important support. Break below this level could weaken the current bullish momentum.

Key levels to watch out:

R3 22.51
R2 21.70
R1 21.24
Daily Pivot 20.43
S1 19.97
S2 19.16
S3 18.70

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