CandleFocus

Solana (SOL) Price Prediction for November 11

The price of Solana (SOL) has increased by 5.43% in the past 24 hours, with bulls dominating the crypto market. On the hourly chart, SOL's price is rising after breaking through a local resistance level of $212.38. If this growth continues and the daily bar closes above that level, there is a possibility of testing the $230-$240 zone. On a larger time frame, SOL's rate is continuously growing after a bullish closure, and traders should monitor the closure in terms of the $215.27 level. If buyers maintain control, the upward movement is likely to extend to the $240 range. On the weekly chart, SOL has gathered enough momentum for medium-term growth, potentially leading to a test of the $250 mark by the end of the month. Currently, SOL is trading at $217.55.

Related News