Solana Price Prediction for Today, March 10 – SOL Technical Analysis

The Solana prediction may be short-term but, if it rises in price, the coin will most likely gain more than the channel.

Solana Prediction Statistics Data:

• Solana price now – $145.69
• Solana market cap – $64.1 billion
• Solana circulating supply – 443.2 million
• Solana Coinmarketcap ranking – #5

SOL/USD Market

Key Levels:

Resistance levels: $175.0 $180.0 $190.0

Support levels: $120.0, $110.0, $90.0

SOL/USD Currently, the price is hovering around $145.69. This level is above both the 9-days and 21-days moving averages. The resistance is located closest to the channel’s ascending range at $150.0. Support can be found close at $143.0. If the market continues to rise, there will be additional resistance above the upper boundary.

Solana Price prediction: Solana is ready to push up the price

On the daily chart the Solana price is likely to create bullish trend once it crosses the channel.

The market is currently trading at $145.69, above the moving averages. However, any movement in the opposite direction below the daily minimum of $143.88 may cause the coin to enter a downward trend. Support levels are located at $120.0 and $110.0 while resistance levels are at $175.0 and $180.0.

SOL/BTC may consolidate above the moving averages

Bitcoin, a cryptocurrency against which you can Solana price As the nearest support is at 2100 SAT, the coin could continue to move sideways. If the coin spikes upwards, the closest resistance level is 2300 SAT. Technically, if the 9-day MA crosses above the 21 day MA, then the price could follow the bullish trend.

If, however, the Solana price continues to slide and head toward the lower edge of the channel, then it could reach the support level at 1750 SAT. Nevertheless, if the price continues to rise above the upper boundary, it could create a new upward movement, which may reach 2500 SAT or above.

In its latest update, the @SolanaFloor team shared that @solana achieved a milestone unprecedented in history. Solana’s weekly DEXs volumes have soared to an incredible $13 billion. This is a record for weekly transactions.

🚨 BREAKING BIG @solanaThe weekly volume of DEXs has reached a record high. pic.twitter.com/6HAyteceDf

— SolanaFloor | Powered by Step Finance (@SolanaFloor) March 9, 2024

Solana Alternatives

Solana hovers at $145.69, indicating a possible breakout from its trading range. The immediate resistance will be at $155, and a secondary obstacle at $150. However, increased market activity could introduce additional resistance beyond the upper boundary of the channel. Solana has secured its place in the market with a market cap of 64.1 billion dollars, ranking fifth in the crypto-world. Meanwhile, $BTCMTXStill in the presale phase, has amassed an impressive $11,98 million. This suggests that there is considerable growth potential.

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