Solana Faces 4.97% Drop but Shows Signs of Recovery, Can $SOL Break Resistance at $136.03?
Solana ($SOL) has witnessed a significant decline over the past 24 hours. The overall momentum surrounding the crypto coin is quite bearish. At present, it shows a 4.97% dip over the recent 24 hours. Since yesterday, Solana has been going through a steep decline with slight uptakes. The minor price increases denote its attempts to surpass the resistance.
Current Price Value of Solana
At the time of writing, the price of Solana ($SOL) is changing hands at up to $128.90. This figure signifies a decline of up to 4.97% during just the past 24 hours.
$SOL Statistical Analysis:
The statistical data of $SOL is as follows:
- Market Cap: $SOL’s present market capitalization stands at $65,796,639,561.23
- Volume: The 24-hour volume of $SOL accounts for $2,595,324,650.04
- Supply: $SOL’s total and circulation supply comprise 596,338,883.94 SOL and 509,925,501.42 SOL respectively.
Solana ($SOL) Price Analysis:
$SOL began its day with its price at $135.3. Nonetheless, within a couple of hours, the price started declining. Hence, the continuous price decline with slight upturns has placed $SOL’s value at up to $128.90. However, over the recent couple of hours, the crypto coin has been experiencing upward momentum. After dipping to $125.38, $SOL has witnessed a notable jump to the current spot of $128.90.
Over the previous twenty-four hours, Solana’s price has plunged by 4.97%. Despite this noteworthy slump in $SOL’s price, it is again making an upward trajectory while endeavoring to exceed the resistance.
$SOL Support and Resistance Levels
At the moment, the $136.03 mark acts as the immediate resistance level for Solana ($SOL) in the current setting. Apart from that, $152.77 and $178.63 are Solana’s 2nd and 3rd resistance levels respectively.
On the other hand, $SOL gets immediate support from $125.38. Following that, the 2nd and 3rd support levels for Solana are $113.18 and 110.6 respectively.
Price Prediction for $SOL
Based on the current price level of Solana ($SOL), the crypto coin is facing a bearish sentiment. However, the recent uptake is optimistic and could positively contribute to its future price trajectory. Particularly, the key resistance level of $136.03 is hindering Solana’s price upturn. Hence, if it effectively surges past this level, there is a probability for it to attain a 10.49% increase, reaching $139.66 during the next thirty days.
BTFD’s 3650% ROI and 2 Titans Are on Fire: BOME and POPCAT—Time is Running Out on 2025’s Best Meme Coin Presale to Buy Now!
BTFD Coin’s presale offers 3650% ROI potential, 90% APY staking, and real utility. BOME and POPCAT a...
Why Smart Buyers Are Eyeing Qubetics, Algorand, and Injective as the Best Cryptos to Buy Now in 2025
Discover the best cryptos to buy now in 2025: Qubetics, Algorand, and Injective. Learn about their u...
Rules Over Followers: BYDFi’s Official Response to ExtraVOD’s False Allegations
Victoria, Seychelles, 17th March 2025, Chainwire...