Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has declined 7.11% to $16.97.
InvestorsObserver is giving Solana a 43 Volatility Rank. Find out what this means to you and get the rest of the rankings on Solana!
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
SOL’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
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Solana price is trading near resistance. With support around $15.63 and resistance around $17.37. This leaves Solana with potential selling pressures ahead as it may be getting over extended.
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