Solana

<a href="https://finbold.com/guide/how-to-buy-solana/" rel="noopener noreferrer nofollow">Solana</a> (<a href="https://finbold.com/cryptocurrency/solana/" rel="noopener noreferrer nofollow">SOL</a>) has recently experienced substantial gains, particularly over the past week, as the decentralized finance (<a href="https://finbold.com/guide/6-ways-to-earn-passive-income-with-defi-decentralized-finance/" rel="noopener noreferrer nofollow">DeFi</a>) asset shows strong momentum in its upward trajectory.The price of SOL is approaching a critical threshold, with the <a href="https://finbold.com/category/cryptocurrency-news/" rel="noopener noreferrer nofollow">cryptocurrency</a> aiming to surpass the crucial $20 barrier. Investors and market observers closely monitor Solana’s price movement as it strives to break through this key resistance level and continue its upward ascent.Finbold’s in-depth analysis reveals SOL stands at a price of $19.31, displaying a modest yet notable increase of 1.02% within the span of 24 hours. However, the real story unfolds over the course of the past week, where Solana experienced an impressive surge of 20.87%.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/e0389a230e3f4a52beb9157fd5a1c1ca.jpg" />SOL 1-week price chart. Source: FinboldSolana is ranked ninth with a positive performance compared to the token sale price, with 18 green days in the last 30 days (60%).Over the course of the past year, SOL has also faced a considerable decline of -46%, lagging behind 86% of the top 100 crypto assets during this period. This perspective highlights the need for caution and a holistic evaluation when assessing Solana’s long-term performance.<h2 id="header-0">SOL prediction</h2>Based on CoinCodex’s Solana price prediction, the price of SOL will decrease by -11.01% and reach $ 17.16 by July 10, 2023.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/a4d1ffd531574f169ed0596f3ae251dd.jpg" />SOL 5-day prediction. Source: CoinCodexHowever, 1 month from now, Solana’s price is predicted to trade at  $25.52 based on technical quantitative indicators.According to the platform’s technical indicators, the current sentiment is ‘Bearish’ while the Fear &amp; Greed Index is showing 61 (Greed). Technical indicators reveal a potential cause for vigilance. Trading below the <a href="https://finbold.com/guide/moving-average/" rel="noopener noreferrer nofollow">200-day simple moving average</a>, Solana shows signs of being overbought, suggesting a possible impending correction in the market.Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.Read more cryptocurrency news on <a href="https://finbold.com/category/cryptocurrency-news/?utm_source&#61;CMC&amp;utm_medium&#61;social&amp;utm_campaign&#61;CMC&amp;utm_content&#61;long" rel="noopener noreferrer nofollow">Finbold.com</a>.

Solana price prediction as SOL gains 20% in a week

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