Solana Price Continues To Trade Laterally With Signs Of Further Depreciation
Solana's price has been up and down for the last few months and it has maintained the same price action.
In one day SOL decreased by 2.6% in the last seven days the altcoin gains were negated by the ongoing lateral trading.
Buying SOL strength has remained low over the last seven days and that has further pushed Solana's price to its closest support line. it buyers pump the price higher, SOL could attempt to topple over the $33 price line.
The bulls failed to hold the $33 price mark and the SOL coin continues to spiral downwards SOL to experience a breakout from the $30-$32 price zone.
The live Solana price today is $31.13 with a 24-hour trading volume of $1,247,427,220. Solana is down 2.67% in the last 24 hours. The current CoinMarketCap ranking is #9, with a live market cap of $11,036,575,096 USD. It has a circulating supply of 354,522,671 SOL coins.
SOL Price Statistics price change of 24h is -$0.5867 and 24h low is $30.20 and 24h High is $33.13 with 1.22% Market Dominance.
The moving average convergence divergence indicates the price momentum and the direction of the asset's price.
These red histograms were indicative of a sell signal in the market the Stoch RSI is used to measure the overall market trend and the direction of the current price of an asset.