Solana

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Bulls might have run out of energy to keep rising, according to <a href="https://u.today/btc-eth-and-xrp-price-analysis-for-october-30" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="91e4aafe-a1fb-44e8-a2d0-fedf1a683e3b" src="https://u.today/sites/default/files/inline-images/top10_746.png">SOL chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="sol-usd">SOL/USD</h2>
The price of Solana (SOL) has increased by almost 4% since yesterday. <img data-entity-type="file" data-entity-uuid="b548ba4c-8003-470d-8826-90a2987b4ee4" src="https://u.today/sites/default/files/inline-images/sol1_11.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly time frame, the price of Solana (SOL) has set a local peak at $36.98. If the rise to that mark does not continue by the end of the day, one can expect a decrease to the support of $35.56.&nbsp; <img data-entity-type="file" data-entity-uuid="dd971d81-5032-4f99-92e9-2be8fbb0eb3e" src="https://u.today/sites/default/files/inline-images/sol2_10.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSD" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger chart, traders should pay attention to the level of $33.90. Until the price is above that mark, buyers have chances for a continued rise.&nbsp;
However, it might take time until the upward move to the $40 zone. <img data-entity-type="file" data-entity-uuid="a0e50773-b27c-43e2-91db-af2cd0ff5c47" src="https://u.today/sites/default/files/inline-images/sol3_9.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSD" rel="noopener noreferrer nofollow">TradingView</a>
A similar picture can be seen on the daily chart against BTC. Until the rate is above 0.0010252, buyers are more powerful than sellers. In this case, traders are likely to see a further rise to the 0.0011 area until mid-November.
SOL is trading at $36.11 at press time.

Solana (SOL) Price Analysis for October 31

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