Picture of the author

MEMECOIN Export

01/23 12:51

Solana Price Analysis 23rd January 2025   Despi

Solana Price Analysis 23rd January 2025
 

Despite recording a drop of 2.87% in 24 hours with a trading volume of $9.038 billion, the SOL price has jumped 23.11% in seven days and has a YTD return of 31.79%. With only a few billion short of challenging Tether’s 04th position, Solana’s market cap is currently valued at $131.335 billion.

The Relative Strength Index (RSI) continues hovering around the overbought range in the daily time frame. With its EMA 50/200-day constantly recording an upward trend, the Solana price hints at a positive outlook in the coming time.

Suppose, the market favors the bulls, under such a situation, the SOL coin price will breach its resistance of $270 and head toward its upper high of $300. Conversely, a bearish reversal could pull the price of Solana toward its low of $225.Solana-Price-Analysis-23rd-January-2025-768x405.webp

#BTC price hits a new high of $120,000! #Tariffs Crash Crypto#Share Your Thoughts on Popular Assets in March#Santa Claus Rally#The Federal Reserve announced a rate cut
94Поделиться

Все комментарии0НовыеВ тренде

avatar
НовыеВ тренде