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Solana (SOL) Price Prediction for June 26

By │Published On: June 26, 2024│1.2 min read│Views: 311│0 Comments on Solana (SOL) Price Prediction for June 26│


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Sellers are keeping the pressure on, according to CoinStats.

SOL chart by CoinStats

SOL/USD

The price of Solana (SOL) has declined by 0.13% since yesterday.

Image by TradingView
On the hourly chart, the rate of SOL is in the middle of the narrow channel.

As most of the daily ATR has been passed, ongoing sideways trading around the current prices is the more likely scenario.

Image by TradingView
On the bigger time frame, one should pay attention to the daily closure in terms of yesterday’s bar’s peak. If it happens far from the $139.90 level, the correction may continue to the $135 range.

Image by TradingView

From the midterm point of view, it is too early to make any distant predictions as only a few days remain until the candle’s closure. However, if it happens near its high, buyers have the chance to seize the initiative and fix above the $140 zone.

SOL is trading at $137.68 at press time.

About the author


Denys Serhiichuk

With more than 5 years of trading, Denys has a deep knowledge of both technical and fundamental market analysis. Mainly, he has started his blog on TradingView where publishes all relevant information and makes predictions about top coins.

Thus, his experience is backed up by working in top blockchain related companies such as W12, Platinum Listing, ATB Coin, and others, can be contacted at denys.serhiichuk@u.today.

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