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Solana ($SOL) Holds Bullish Momentum Despite Minor Dip

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Solana ($SOL) has gone through a slight price slump over the past 24 hours. As per the latest data, the $SOL’s price accounts for a 0.15% dip during the recent twenty-four hours. This indicates a short-term price swing amid the overall bullish sentiment surrounding Solana ($SOL).

Solana Price Value  Today

At present, Solana ($SOL) is trading at nearly $138.91. This price level shows a 0.15% price when taking into account the recent 24 hours. Keeping this in view, the latest price plunge is minor and could be shortly recovered as the overall momentum indicates.

Statistical Data of Solana ($SOL)

  • Market Cap: $SOL accounts for $71,098,412,174.61 in terms of market capitalization
  • Volume: The latest 24-hour volume of $SOL stands at $3,710,118,024.79
  • Supply: $SOL’s total and circulating supply comprise 596,938,432.89 SOL and 511,340,031.38 SOL respectively

$SOL Price Analysis

In the latest 24-hour session, Solana ($SOL) started at $139.06. Following that, the price moved up to reach the staggering height of $144.88. Nonetheless, that was the turning point for $SOL as it started declining after that. As a result of continuous price dip, $SOL reached the price level of up to $138.34. Now, with a slight uptake, $SOL is standing at $138.91.

image 96
Source: coinmarketcap.com

Despite a slight slump of 0.15% during the 24 hours, $SOL has maintained a bullish sentiment. This signifies the likelihood of its further price uptrend in the future.

$SOL Support and Resistance Levels:

In line with the data, $SOL faces the immediate resistance at $144.88. If it effectively surpasses this level, $152.77 and $178.63 pose the 2 nd and 3 rd resistance levels respectively.

Contrarily, the immediate support level for $SOL stands at $137.99. However, in the case of a decline from this level, $SOL could get support at $130.27 and $124.97 respectively.

$SOL Price Prediction

The exclusive price plunge of 0.15% displays a momentary pause in $SOL’s price trajectory. With the overall positive sentiment, Solana ($SOL) is poised to get further heights and the recent jump to $144.88 significantly supports this idea. Hence, if $SOL effectively surpasses this resistance, it could see additional price surges. In this respect, $SOL is anticipated to reach $155.83 over the next 30 days. This underscores a 10.86% upsurge throughout the month.

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