CandleFocus

Solana (SOL) Price Prediction for September 12

2024-09-12 Author: Content Editor

According to CoinMarketCap, buyers of Solana (SOL) are not giving up easily as the rate of SOL has risen by 2.44% in the past 24 hours. On the hourly chart, SOL is currently in the middle of a local channel, but if the daily candle closes near the $136 level, there may be a resistance breakout and a move to the $137 mark. On the bigger time frame, the level of $138.13 is important, and if the bar closes above it, there could be a potential move to the $145-$150 range. However, from a midterm perspective, there hasn't been enough energy accumulated by bulls for a sustained upward move, so ongoing sideways trading between $120-$140 is the more likely scenario until the end of the month. At the time of writing, SOL is trading at $134.56.

Related News