Solana ($SOL) has recently witnessed a minor slump in its price performance.
As per the latest market data, $SOL has seen a 1.84% price dip over the recent 24 hours. This price decrease signifies a temporary halt in the overall bullish momentum around Solana ($SOL).
Solana Price Value
At the moment, $SOL is changing hands at $139.59. Although this price level shows a slight decrease in the 1-day period, it also indicates a considerable 3.93% price upsurge over the past seven days. Hence, the current dip is just a short-term hindrance in Solana’s wider upward price trajectory. $SOL is currently endeavoring to surpass the $140 mark to ensure its further price rise.
Statistical Data of Solana ($SOL)
Market Cap: the present market capitalization of $SOL stands at $71,240,276,806.91
Volume: the current 24-hour volume of $SOL accounts for $3,164,015,638.18
Supply: $SOL’s total and circulating supply comprise 597,088,111.21 SOL and 511,456,651.3 SOL respectively
$SOL Price Analysis:
24 hours back, Solana ($SOL) began its journey when the price thereof was hovering around $142.43. Subsequently, it rose to the height of $145.36 with minor fluctuations. However, after touching this spot, a price decline began. As a result of the continuous price plunge for some hours, $SOL reached the low of $136.13. However, since then, it has been making recovery, reaching the present price level of $139.59.
Source: Coinmarketcap.com
The respective price performance accounts for a 1.84% price plunge during the past twenty-four hours. Irrespective of this slight dip, Solana maintains a broader bullish sentiment and could shortly rise above the $140 spot.
$SOL Support and Resistance Levels:
The exclusive data indicates a $144.91 as $SOL’s immediate price resistance. Following that, $147.05 and $178.63 are the second and third notable price resistance levels for Solana ($SOL). On the other hand, $SOL sees $136.13 as its immediate support level. Additionally, $124.97 and $113.18 serve as Solana’s second and third support levels.
$SOL Price Prediction
The latest 24-hour dip of 1.84% highlights that Solana ($SOL) is gearing up for another massive pump, as it has witnessed over the past few days. This pattern shows its remarkable potential for further price upturn in the near term. Currently, $SOL is anticipated to surge by 10.98% in the next thirty days to reach the $152.01 mark over the month.