Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has increased 5.49% to $22.91.
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 which means that one day won't define its volatility rank - a trend will. 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 trading above resistance. With support set at $21.43 and resistance near $22.22. This leaves Solana out of range and potentially in a volatile position if the rally burns out.