#buythedip The most trending Solana (SOL) price prediction suggests a bullish market sentiment.
The current price of Solana is $167.45 USD, and it’s expected to reach $169.52 USD by May 26, 2024, indicating a 1.24% increase1. Technical indicators show a 76% bullish sentiment, and the Fear & Greed Index is displaying a score of 74 (Greed)1. Over the last 30 days, Solana has had 43% green days and a 9.67% price volatility1. Looking further ahead, predictions for June 2024 suggest a minimum price of $167.33 USD, an average price of $183.92 USD, and a maximum price of $200.50 USD, which would represent a 33.1% potential ROI1.
As for the most trending news,
Solana’s price has recently fallen below $170 USD after failing to cross the $200 USD mark2. This drop occurred amidst increased selling pressure and bullish indicators, placing Solana in a critical zone2. Additionally, Solana’s price slid to a 7-day low of $162 USD on May 24, 2024, as altcoin markets reacted to the Ethereum ETF approval by the US SEC3. With Solana node validators un-staking large amounts of coins this week, there’s a focus on how these market events will impact SOL’s price3.
Please note that cryptocurrency markets are highly volatile and unpredictable. It’s important to do your own research and consider seeking advice from a financial advisor before making any investment decisions.
