Solana (SOL) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Saturday, the Distributed Software Platform has added 0.03% to $191.29.
InvestorsObserver is giving Solana a 16 Volatility Rank. Find out what this means to you and get the rest of the rankings on Solana!
Low Volatility
InvestorsObserver gives Solana a low volatility rank of 16, placing it in the bottom 16% of cryptos on the market.The Volatility Gauge analyzes which means that one day won't define its volatility rank - a trend will. SOL's low volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively narrow price swings and is well protected from price manipulation.
Solana price is in a favorable position going forward. With support near $185.12 and resistance at $197.25. This leaves Solana with room to run before facing selling pressures.