Solana
Solana (SOL) Price Prediction for June 26
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Sellers keep up the pressure, according to Coin Statistics.
SOL chart by CoinStats
SOL/USD
The price of Solana (SOL) has fallen by 0.13% since yesterday.
Image of Trading View
On the hourly chart, the SOL rate is in the middle of the narrow channel.
Given that most of the daily ATR has been breached, continued sideways trading around current prices is the most likely scenario.
Image of Trading View
Over a longer period, it is worth paying attention to the daily close in terms of yesterday’s bar peak. If this happens away from the $139.90 level, the correction could continue up to the $135 range.
Image of Trading View
From a medium-term perspective, it is too early to make far-reaching predictions, as there are only a few days left before the candle closes. However, if it moves closer to its high, buyers have the opportunity to take the initiative and settle above the $140 zone.
SOL is trading at $137.68 at press time.
About the Author
Denys Serhiichuk
With over 5 years of trading experience, Denys has a deep knowledge of technical and fundamental analysis of the markets. He mainly started his blog on TradingView, where he posts all the relevant information and makes predictions on the major coins.
Thus, his experience is enhanced by his work in leading blockchain-related companies such as W12, Platinum Listing, ATB Coin and others, which can be contacted at denys.serhiichuk@u.today.