Solana

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The prices of most of the coins keep falling, according to <a href="https://u.today/shib-price-prediction-for-april-30" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="ec1720a7-5632-48f2-9f6f-60cf63c782d5" src="https://u.today/sites/default/files/inline-images/top10_1089.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 declined by 4% over the last day. <img data-entity-type="file" data-entity-uuid="5741c42f-c748-48a6-a1dd-bbc6e62a75ec" src="https://u.today/sites/default/files/inline-images/sol1_32.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of SOL is in the middle of the local channel, between the support of $118.47 and the resistance of $127.33.&nbsp;
As most of the daily ATR has been passed, there are low chances to expect any sharp ups or downs by the end of the day. <img data-entity-type="file" data-entity-uuid="e742b370-9e92-4d53-9a14-f65271e08336" src="https://u.today/sites/default/files/inline-images/sol2_28.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, traders should focus on the bar's closure in terms of yesterday's low at $121.21. If a false breakout happens, one can expect a bounce back to the $130 zone within the next few days. <img data-entity-type="file" data-entity-uuid="863255d2-1382-4f4e-8a85-dd2ddd07632d" src="https://u.today/sites/default/files/inline-images/sol3_28.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the weekly chart, there are no reversal signals yet. The price of SOL is approaching the recently formed level of $116. If buyers cannot seize the initiative by the end of the week, the accumulated energy might be enough for a move to the crucial zone of $100.
SOL is trading at $122.43 at press time.

Solana (SOL) Price Prediction for May 1

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