$SOL

The current price of Solana (SOL) is approximately $146.46, with a slight decrease of 0.60% over the past day. The market capitalization of SOL is around $77.1 billion.¹

*Technical Analysis:*

- *Relative Strength Index (RSI):* Indicates market momentum, with an RSI of 56.11 being a positive signal for the upward trend.

- *Moving Averages:* Indicate the trend direction, with the Simple Moving Average (SMA) showing that the price of SOL is in a moderate trend.

- *MACD Indicator:* Used to predict trend direction more accurately, indicating bearish momentum in the weekly timeframe.²

*SOL Price Predictions:*

- *Bullish Views:* Some analysts expect an increase in the price of SOL due to rising demand and limited supply, with expectations of a strong breakout to the upside after completing the correction.

- *Bearish Views:* Others see the potential for a price decline, especially if the coin fails to maintain current support levels.

*Support and Resistance Levels:*

- *Support Levels:* $122 and $116.

- *Resistance Levels:* $155.40, $170.20, and $189.