Solana

Read

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
The market remains mainly red, however, there are some exceptions to the rule, according to <a href="https://u.today/shib-price-prediction-for-december-26" rel="noopener noreferrer nofollow">CoinStats</a>. <img src="https://u.today/sites/default/files/inline-images/top10_1555.png" data-entity-uuid="69276850-1bf8-4b05-9658-9cc60b720703" data-entity-type="file" data-caption="SOL chart by&amp;nbsp;<a href=&quot;https://coinstats.app/coins/&quot;>CoinStats</a>">
<h2 class="text-align-justify" id="sol-usd">SOL/USD</h2>
The rate of Solana (SOL) has declined by 1.8% since yesterday. <img src="https://u.today/sites/default/files/inline-images/sol1_59.png" data-entity-uuid="230aab68-4e6d-426f-b7ad-ee94ca2fb1d1" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/SOLUSDT&quot;>TradingView</a>">
On the hourly chart, the price of SOL is breaking the local support of $185.58. If the daily candle closes below that mark, the decline is likely to continue to the $180 area soon. <img src="https://u.today/sites/default/files/inline-images/sol2_54.png" data-entity-uuid="b97aab44-a9be-49ae-bf17-dcbff8826d88" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/SOLUSDT&quot;>TradingView</a>">
On the bigger time frame, one should pay attention to the candle closure in terms of yesterday's low.
If it happens, traders may witness a test of the $175.26 level within the next few days. <img src="https://u.today/sites/default/files/inline-images/sol3_54.png" data-entity-uuid="564f69a5-4b8b-41bd-8c07-f54b412024c5" data-entity-type="file" data-caption="Image by&amp;nbsp;<a href=&quot;https://www.tradingview.com/symbols/SOLUSDT&quot;>TradingView</a>">
On the weekly chart, the picture is more bearish than bullish. If the price reaches the nearest support level of $175.26, there is a chance to see its breakout, followed by a further correction to the $160 area.
SOL is trading at $184.75 at press time. <a href="https://u.today/solana-sol-price-prediction-for-december-27" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

Solana (SOL) Price Prediction for December 27

Table of Contents

U.Today

Other articles published on Dec 27, 2024

SuperEx丨Only 4 days left until 2025: Gains and Losses in the 2024 Cryptocurrency Market

TON Ecosystem Expands with Stablecoins, DEX Growth in 2024

Bitget announces token merger, BGB price increases amid market-wide declines

Africa loses $1.6bn daily to illegal cross-border financial flows – AfDB

Top Coins To Join for Short Term: 6 Coins To Watch for Life-Changing ROI in 2025

Bonk Price Drops 7% Even After The BURNmas Removes $51 Million Worth Of Tokens From Circulation

Join our free newsletter for daily crypto updates!