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    Solana (SOL) Down 0.03% Thursday: What’s Next?

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    Solana (SOL) Down 0.03% Thursday: What’s Next?

    Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Distributed Software Platform has dropped 3.1% to $14.65.

    InvestorsObserver is giving Solana a 34 Volatility Rank. Find out what this means to you and get the rest of the rankings on Solana!

    The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.

    SOL’s moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.

    Solana price is in a favorable position going forward. With support near $13.84 and resistance at $14.94. This leaves Solana with room to run before facing selling pressures.

    Credit: Source link

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