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.
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.
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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