Solana

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The prices of some coins keep rising, while others have entered a correction phase, according to <a href="https://u.today/ada-and-bnb-price-prediction-for-march-11" rel="noopener noreferrer nofollow">CoinMarketCap</a>. <img data-entity-type="file" data-entity-uuid="bf291086-df56-4ec0-b558-be514493e5ad" src="https://u.today/sites/default/files/inline-images/top10_988.png">Top coins by<a href="https://coinmarketcap.com/" rel="noopener noreferrer nofollow"> CoinMarketCap</a>
<h2 class="text-align-justify" id="sol-usd">SOL/USD</h2>
The rate of Solana (SOL) has increased by 0.45% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="51a2354b-4ab7-466f-9d9a-993ae39662a0" src="https://u.today/sites/default/files/inline-images/sol1_23.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
Despite today's rise, the price of SOL is looking bearish on the hourly chart. The rate is coming back to the local support level of $147.9. If the daily closure happens near it, there is a chance to see a breakout, followed by a move to the $145 zone. <img data-entity-type="file" data-entity-uuid="e8508f9e-60ba-477a-a714-997599b0644f" src="https://u.today/sites/default/files/inline-images/sol2_21.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, the rate of SOL has made a false breakout of the $152.64 level. At the moment, one should pay attention to how far the daily bar closes from that mark.&nbsp;
If it happens below yesterday's peak, bears may locally seize the initiative, which can lead to a correction. <img data-entity-type="file" data-entity-uuid="7a394b18-9eaf-4203-9aca-8044e6fdc967" src="https://u.today/sites/default/files/inline-images/sol3_20.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, it is too early to make any distant predictions as a few days remain until the weekly bar closes. However, if it happens above $153, the upward move is likely to continue to the $160 zone.
SOL is trading at $149 at press time.

Solana (SOL) Price Prediction for March 12

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