Solana (SOL) is poised for modest upside over the next 24 hours.
I see SOL currently trading at $184.00, up 0.48% from yesterday’s close, with a 4-hour RSI of 57.31 signaling mild bullish momentum. The 50-day moving average at $160.36 and 200-day at $162.80 both sit well below current price, supporting a positive technical backdrop. Compared to peers like Ethereum (ETH) trading near $3,782 with a higher RSI of 74.11, SOL shows less overbought risk and more room to run.
However, SOL’s 52-week high is $295, so it remains 37.6% below that peak, indicating potential upside but also room for volatility. The recent news flow is neutral to positive, with no major catalysts in the immediate term.
I expect SOL to trade in a range between $180 and $190 over the next 24 hours, with a slight upward bias. The best move is to watch for dips near $180 to add exposure, targeting $190 as a near-term resistance level.
Peers reviewed: ETH, ADA, XRP — SOL’s momentum is solid but less stretched than ETH’s, making it a balanced risk/reward play for the day ahead. the day ahead.
Disclaimer: Remember, this analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research or consult a financial advisor before making any investment decisions.
