Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has fallen 5.14% to $19.8.
The Volatility Gauge takes into account 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 trading near resistance. With support at $18.59 and resistance set at $20.04. This positions Solana with potential selling pressures ahead as it may be getting over extended.
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