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Solana (SOL) Price Prediction for June 17

source-logo  u.today 4 h

All of the top coins are in the red zone today, according to CoinStats.

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SOL/USD

Solana (SOL) is one of the biggest losers today, falling by 4.42%.

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On the hourly chart, the rate of SOL is approaching the support of $147.47. If the situation does not change, traders may expect a test of the $146 mark shortly.

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On the longer time frame, there are no reversal signals so far.

However, most of the ATR has been passed, which means traders are unlikely to witness sharp moves by tomorrow.

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From the midterm point of view, it is too early to make any long-term predictions. At the moment, the price of SOL is within the previous weekly candle, which means none of the sides has accumulated enough energy yet.

SOL is trading at $150.57 at press time.

u.today