Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has increased 5.49% to $22.91.
InvestorsObserver is giving Solana a 38 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 pairs 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 above resistance. With support set at $21.43 and resistance near $22.22. This leaves Solana out of range and potentially in a volatile position if the rally burns out.
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