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Current Solana Price Analysis: A 4.97% Drop

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by Giorgi Kostiuk

3 hours ago


Over the past 24 hours, Solana ($SOL) has experienced a significant decline, losing 4.97%. This decline is accompanied by attempts to surpass the resistance level.

Current Price Value of Solana

At the time of writing, the price of Solana stands at $128.90, marking a 4.97% decline over the past day. The cryptocurrency is attempting to regain its stance, but still faces bearish pressures.

$SOL Statistical Analysis

$SOL’s current market capitalization stands at $65,796,639,561.23. The 24-hour trading volume amounts to $2,595,324,650.04. The total issued supply of SOL is 596,338,883.94, with 509,925,501.42 in circulation.

$SOL Support and Resistance Levels

Currently, the $136.03 level acts as the primary resistance for Solana ($SOL). The second and third resistance levels are at $152.77 and $178.63 respectively. On the support side, $SOL finds immediate backing at $125.38, followed by $113.18 and 110.6.

Although the current scenario indicates a bearish sentiment, recent sharp upticks could signify a potential recovery. If Solana surpasses the key resistance level of $136.03, this could boost its price to $139.66 over the next thirty days.

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