Solana price increased by 5.61% over the past 24 hours.

Solana price increased by 5.61% over the past 24 hours.

Performance after Sunday 29-Jan
Period Pct Chg Momentum
Sunday 2.04% 0.49
Week ending 2023-01-22 5.77% 1.32
January 158.58% 15.81

SOL Analysis

Solana (SOLUSDT) price for the week ending 2023-01-22 gained 5.77% or 1.32 higher to 25.78. At time of writing into Monday’s trading session, Solana has increased by 5.61% over the past 24 hours. For the record, SOLUSDT is -90.08% below all-time high of 259.96. On Sunday, SOL rose 2.04% to 24.49.

On the daily timeframe, price is above 9-Day EMA and Stochastic oscillator is falling, our analysis is that bullish momentum could be fading.

For the month-to-date, SOL is up by 158.58% or 15.81 higher.

What can we expect from Solana today?

Looking ahead on Monday, we are looking at 25.24 or 24.88 (R1) as important resistance levels and daily low of 23.73 and 23.92 (S1) as key support levels. Solana need to break on either side to indicate a short-term bias. A break above 24.69 would suggest bullish bias after recent positive movement.

For the week ending 2023-01-22, take note that Solana is rising and up by 5.77% as the pair continued to trade higher in the past few days. Prior performance for the week ending 2023-01-15 was 58.41%.

Key levels to watch out:

R3 25.84
R2 25.26
R1 24.88
Daily Pivot 24.30
S1 23.92
S2 23.34
S3 22.96

Last updated: 01:25 am UTC, 30-Jan 2023

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