Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Distributed Software Platform has lost 0.94% to $21.54.
The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day.
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 in a favorable position going forward. With support set at $20.84 and resistance set at $22.06. This positions Solana with room to run before facing selling pressures.
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