Solana

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The prices of most coins are falling again, according to <a href="https://u.today/xrp-price-prediction-for-may-18" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="f683fc3e-8ca2-4865-a652-cf197bdca3fb" src="https://u.today/sites/default/files/inline-images/top10_1125.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 rate of Solana (SOL) has dropped by 2.52% over the last day. <img data-entity-type="file" data-entity-uuid="642103e5-f489-4ce9-8d8a-37c373817556" src="https://u.today/sites/default/files/inline-images/sol1_35.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
The price of SOL has broken the local support level of $171.62. While it is below that mark, sellers are more powerful than buyers. In this case, one can expect an ongoing correction to the $165 zone. <img data-entity-type="file" data-entity-uuid="bc2ea877-918d-4bb4-9a69-7e1c48a1eeca" src="https://u.today/sites/default/files/inline-images/sol2_30.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily chart, the rate has once again failed to fix above the $175.98 level.
If buyers cannot seize the initiative by the end of the day and the bar closes near its low, there is a possibility of a test of the $160-$165 area next week. <img data-entity-type="file" data-entity-uuid="04354006-6e26-4914-9968-72e07c97224d" src="https://u.today/sites/default/files/inline-images/sol3_30.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, while the price is above $160, buyers have a chance of an upward move. However, they might need more time for SOL to accumulate energy. All in all, sideways trading between $160 and $180 is the more likely scenario until the end of the month.
SOL is trading at $169 at press time.

Solana (SOL) Price Prediction for May 19

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