Solana

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
The market bounce back has not lasted long, according to <a href="https://u.today/doge-and-shib-prediction-for-july-22" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="171108e2-d242-4e57-afd3-787f1afb3928" src="https://u.today/sites/default/files/inline-images/%D0%B5%D1%89%D0%B710_9.png">SOL chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="sol-usd">SOL/USD</h2>
The price of Solana (SOL) has declined by 0.26% over the last 24 hours. <img data-entity-type="file" data-entity-uuid="6f6eeb05-a754-4896-bccd-132b3dc60cd9" src="https://u.today/sites/default/files/inline-images/sol1_46.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of SOL might have found a local support at $173.73. If the daily bar closes near $180, growth may lead to the test of the $182-$184 zone shortly. <img data-entity-type="file" data-entity-uuid="e23ec7e8-c655-4af8-ad85-15361dcddbcd" src="https://u.today/sites/default/files/inline-images/sol2_41.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, sellers are controlling the initiative on the market.&nbsp;
Buyers may start thinking about a reversal only if they return the rate to the resistance of $188.32 and fix above it. <img data-entity-type="file" data-entity-uuid="ea27a1f3-7a30-4d15-86ab-e8184830447a" src="https://u.today/sites/default/files/inline-images/sol3_41.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, one should focus on the weekly bar's closure in terms of the $188.89 level. If it breaks out, growth may continue to the vital area of $200.
SOL is trading at $177.79 at press time.

Solana (SOL) Prediction for July 23

Table of Contents

U_Today

Other articles published on Jul 23, 2024

Dogecoin’s weekly hike – Most holders stay ‘In the Money’ despite…

OKX Announces Delisting of Several Trading Pairs

Solana Surges Past Major Cryptos

Mt. Gox Transfers Bitcoin to Exchanges

Bullish Signals Emerge for XRP, But Can the Momentum Hold?

OKX Announces Listing of Two New Altcoins, One of which is Invested in by Turks! Prices Are On Th...

Join our free newsletter for daily crypto updates!