Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the Distributed Software Platform has lost 0.04% to $111.08.
InvestorsObserver is giving Solana a 35 Volatility Rank. Find out what this means to you and get the rest of the rankings on Solana!
Moderately Volatile
InvestorsObserver gives Solana a moderate volatility rank of 35, placing it in the bottom 35% of cryptos on the market.The Volatility Gauge tracks which means that one day won't define its volatility rank - a trend will. SOL's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Solana price is well positioned going forward. With support at $108.74 and resistance at $113.22. This positions Solana with room to run before facing selling pressures.