Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Distributed Software Platform has fallen 0.02% to $21.09.
InvestorsObserver is giving Solana a 47 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 47, placing it in the bottom 47% of cryptos on the market.The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. SOL's moderate volatility reading pairs 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 favorably positioned going forward. With support at $20.59 and resistance set at $21.68. This positions Solana with room to run before facing selling pressures.