Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Distributed Software Platform has increased 0.66% to $107.83.
InvestorsObserver is giving Solana a 36 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 36, placing it in the bottom 36% of cryptos on the market.The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. 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 in a good position going forward. With support near $102.76 and resistance around $110.04. This leaves Solana with room to run before facing selling pressures.