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Prices of most currencies are rising today, according to CoinStats.
Sol/US Dollar
Solana (SOL) price is up approximately 2% since yesterday.
On the hourly chart, SOL price is in the middle of the local channel, which means that neither side has gathered enough energy to make a sharp move.
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If buyers want to get back in the game, they need to bring the price back to the $218 mark.
On the larger time frame, one should pay attention to the temporary zone at $220. If a breakout occurs, growth may continue to the $23-240 range. Such a scenario would be relevant over the next few days.
From a mid-term point of view, the SOL price is far from key levels, which means that neither buyers nor sellers are ready to seize the initiative over the coming weeks.
SOL is trading at $215.79 at press time.
Disclaimer: The opinions expressed by our writers are their own and do not represent the opinions of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Do your own research by contacting financial experts before making any investment decisions. We believe all content to be accurate as of the date of publication, but some offers mentioned may no longer be available.
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