Solana (SOL) Price Prediction for March 31

user avatar

by Giorgi Kostiuk

3 years ago

Made with AI

The majority of coin prices are on the rise today, although there are a few exceptions noted by CoinStats.

SOL chart by CoinStats

The price of Solana (SOL) remains unchanged compared to yesterday.

Image by TradingView

Looking at the hourly chart, the SOL rate appears bullish as it attempts to break the $197.31 resistance. If buyers maintain this momentum, an upward movement could see a test of the $200 range tomorrow.

Image by TradingView

On a larger time scale, the price is distant from key levels, indicating that buyers require more time to build up momentum for future moves.

Given this, trading within the $195-$205 range is the more probable scenario for the upcoming week.

Image by TradingView

Looking at a midterm perspective, the rate is approaching the $205.20 resistance. If the weekly bar closes near current prices, traders may anticipate a breakout leading to movement within the $220-$240 zone shortly.

At present, SOL is trading at $197.17.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Crypto King Aiden Pleterski Faces Criminal Charges Over Misuse of Investor Funds

A Canadian court hears evidence that Aiden Pleterski misused investor funds for personal expenses.

user avatarJesper Sørensen

BinanceUS Seeks $100 Million in Fundraising Round

BinanceUS is reportedly pursuing a $100 million fundraising round at a valuation of approximately $1 billion to strengthen its position in the American cryptocurrency market.

user avatarRajesh Kumar

Consulting Arrangement Raises Questions About Tether and Bo Hines

A reported $63 million consulting arrangement between Tether and Nxum, linked to former White House adviser Bo Hines, has sparked concerns over potential conflicts of interest.

user avatarLucas Weissmann

Arbitrum Engages European Financial Institutions on Blockchain Infrastructure

Arbitrum representatives presented the network's infrastructure and revenue model to European financial institutions managing substantial assets, discussing its commercial potential and the value of blockchain services.

user avatarFilippo Romano

Grayscale Partners with Republic to Launch Specialized Crypto Funds

Grayscale and Republic have launched three specialized cryptocurrency funds with a minimum investment of $2,500 for accredited investors, focusing on decentralized finance, artificial intelligence, and blockchain data infrastructure.

user avatarEmily Carter

Deutsche Bank to Launch Institutional Digital Asset Custody Services

Deutsche Bank is set to introduce digital asset custody services for institutional clients in Germany, marking a significant step in integrating cryptocurrencies into mainstream finance.

user avatarTomas Novak

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.