Solana (SOL) Price Prediction for September 23 - U.Today

The market is trying to stay bullish, however, there are some exceptions to the rule, according to CoinMarketCap.

SOL/USD

The rate of Solana (SOL) has dropped by 0.55% over the last day.

On the hourly chart, the price of SOL has made a false breakout of the local support of $213.22. If bulls can hold the gained initiative and the bar closes near the resistance, one can expect a level breakout, followed by further growth to the $225 mark.

On the longer time frame, the rate of SOL has bounced off yesterday's candle's low of $214.50.

If the bar closes far from that level, traders may expect a local upward move to the $230 zone.

From the midterm point of view, one should focus on the weekly bar's closure in terms of the $213 level. If a bounce back does not occur, the decline is likely to continue to the $200 area soon.

SOL is trading at $218.64 at press time.