Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Distributed Software Platform has increased 0.71% to $19.07.
InvestorsObserver is giving Solana a 40 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 40, placing it in the bottom 40% of cryptos on the market.The Volatility Gauge takes into account meaning that one day won't make or break its rank. SOL's moderate volatility reading is coupled 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 in a favorable position going forward. With support set at $18.55 and resistance near $19.36. This positions Solana with room to run before facing selling pressures.