Solana (SOL) Poised for Robust Bullish Run: 3-Day Trend Analysis_
Why Solana (SOL) might experience a bullish trend for the next three days:
- Price increase: Solana (SOL) price has increased by 0.2% in the last 1 hour and 14.2% in the last 30 days, indicating a bullish trend.
- Market capitalization: The market capitalization of Solana (SOL) is $74,942,785,804, indicating a strong market presence and potential for continued growth.
- Trading volume: The 24-hour trading volume of Solana (SOL) is $1,483,761,468, indicating a significant amount of market activity and interest in the coin.
- All-time high: The all-time high for Solana (SOL) is $259.96, which was recorded on November 6, 2021. The current price is -37.30% lower than the all-time high, indicating potential for growth.
- All-time low: The all-time low for Solana (SOL) is $0.5008, which was recorded on May 11, 2020. The current price is 32,447.70% higher than the all-time low, indicating significant growth potential.
- Circulating supply: The circulating supply of Solana (SOL) is 459,689,657, indicating a limited supply and potential for increased demand.
- Total supply: The total supply of Solana (SOL) is 577,251,122, indicating a limited supply and potential for increased demand.
- Fully diluted valuation: The fully diluted valuation (FDV) of Solana (SOL) is $94,108,724,318, indicating the potential for significant growth.
Algorithms:
- Moving Averages (MA): 50-day MA is $144.91, 100-day MA is $134.15, and 200-day MA is $122.17, indicating a bullish trend.
- Relative Strength Index (RSI): 14-day RSI is 64.91, indicating a strong bullish trend.
- Bollinger Bands: 20-day BB is $152.33, indicating a bullish trend.
Please note that cryptocurrency prices are highly volatile and subject to rapid fluctuations. This analysis is based on historical data and trends, but it is not investment advice.
DYOR
