Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the Distributed Software Platform has increased 3.35% to $34.08.
InvestorsObserver is giving Solana a 38 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 38, placing it in the bottom 38% of cryptos on the market.The Volatility Gauge follows 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 trading above resistance. With support near $32.22 and resistance set at $33.47. This leaves Solana out of range and potentially in a volatile position if the rally burns out.