Solana

Solana (SOL) Price Prediction for June 18 — TradingView News

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The market continues to set a new local low, according to CoinMarketCap.Top coins by CoinMarketCap

SOLUSD

The Solana rate SOLUSD fell by 6.60% in the last 24 hours. Image from TradingView

On the hourly chart, SOL price could have found a local support level of $132.90. If the daily bar closes away from there, the rebound could continue to the $140 area. Image from TradingView

On a longer time frame, there are no reversal signals yet. However, care must be taken when closing the candle daily.

If this occurs away from its low, traders can expect sideways trading in the $135-$145 area through the end of the week. Image from TradingView

From a medium-term perspective, SOL price is far from support and resistance levels. However, if the decline continues to the $120 zone, the accumulated energy could be enough for a breakout, followed by a move towards the $100-110 zone.

SOL is trading at $137.27 at press time.

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