Solana ($SOL) shows a slight price reversal following the recent decline. At present, $SOL indicates a 0.56% increase over the past twenty-four hours. The price performance has experienced considerable fluctuations throughout the 24 hours. Nonetheless, the price spike in the latter part of the 24-hour session is optimistic for the further increases.
Solana Price Value Today
Currently, the price of Solana ($SOL) is $129.04. This price spot denotes a 0.56% increase during the recent 24 hours. Before that, the well-known crypto coin was changing hands at $128.9. Hence, it remained effective in maintaining its position above its level 24 hours back. At it is much closer to the psychological $130 mark, there is a strong possibility for Solana ($SOL) to shortly surpass this level.
$SOL Statistical Data
$SOL’s statistical data is the following:
- Market Cap: the present market capitalization of $SOL stands at $65,993,699,010.99
- Volume: $SOL presently accounts for a $2,348,064,664.54 in 24-hour trading volume.
- Supply: the circulating and total supply of $SOL comprise 510,498,702.32 SOL and 596,789,652.28 SOL respectively
Price Analysis of Solana ($SOL)
$SOL started its latest 24-hour trading session at $128.41 but could not hold on to this price level for long. Hence, it witnessed a plunge to $124.97. However, this dip was also not long-lasting as $SOL rebounded to the height of $129.95, just below the psychological level of $130. Following that, it has been oscillating below this level while its present price is $129.04.
Over the recent 24 hours, $SOL recorded a 0.56% price rise. This gradual uptake could significantly contribute to $SOL’s uptrend as it surpasses the price resistance.
$SOL Support and Resistance Levels
In line with the current market data, the $129.95 mark poses the immediate price resistance to $SOL. However, if it surpasses this level, it could again face considerable resistance at $135.92. The 3rd major resistance stands at $152.77.
On the other hand, $SOL’s immediate price support level is $124.97. Subsequently, $121.94 and $113.18 are the 2nd and 3rd support levels for Solana ($SOL).
$SOL Price Prediction
The price upsurge of 0.56% indicates that $SOL is gradually moving upward to exceed the psychological level of $130. Such a price spike could lead to an approximate price of $142.30 over a month, accounting for a 10.78% increase.
