Solana price increased by 8.59% over the past 24 hours.

Solana price increased by 8.59% over the past 24 hours.

Performance after Friday 10-Mar
Period Pct Chg Momentum
Friday 4.85% 0.84
Week to-date -10.73% -2.25
March -14.48% -3.17

SOL Analysis

Solana (SOLUSDT) price for the week to-date dropped -10.73% or -2.25 lower to 18.72. At time of writing into Saturday’s trading session, Solana has increased by 8.59% over the past 24 hours. For the record, SOLUSDT is -92.80% below all-time high of 259.96. On Friday, SOL rose 4.85% to 18.17.

On the daily timeframe, price is below 9-Day EMA and Stochastic oscillator is rising, our analysis is that the price action might be set for a rebound.

For the month-to-date, SOL is down by -14.48% or -3.17 lower.

Overall Performance
24-hr 7-Day 30-Day 1-Year Mkt Cap. 24-hr Vol.
8.59% -12.49% -19.28% -77.44% 7.09 bn 1.03 bn

What can we expect from Solana today?

Looking ahead for the day, we are looking at 18.78 or 19.02 (R1) as important resistance levels and daily low of 16.00 and 16.66 (S1) as key support levels. Solana need to break on either side to indicate a short-term bias. A break above 18.36 would suggest bullish bias after recent positive movement.

For the week to-date, take note that Solana is falling as the pair posted lower, down by -10.73%. Prior performance for the week ending 2023-03-05 was -9.81%.

Key levels to watch out:

R3 21.38
R2 19.87
R1 19.02
Daily Pivot 17.51
S1 16.66
S2 15.15
S3 14.30

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