Analysis of Solana prices today (December 20, 2024)

The current price of Solana ($SOL ) is $195.71, the price has decreased by -5.49% in the last 24 hours. Currently, SOL is available on 53 exchanges, and in the last 24 hours, 33,314,646 SOL coins have been traded, amounting to $6,519,843,034 in trading volume.$XRP $DOGE

Today, Solana (SOL) opened at $206.60. This is -5.27% lower than the opening price. Despite a rally to $212.00, Solana (SOL) faced resistance and could not maintain the momentum to move higher. From the maximum price over the last 30 and 7 days, its value has decreased by -25.81% and -16.44%, respectively, and from the minimum recorded price over the same period, it has decreased by -4.04% and -7.60%.

According to our analysis, SOL needs to remain above $186.29 to potentially move towards the first key resistance level at $196.11. A breakout above $196.11 could lead to an increase in SOL to the next resistance level at $204.42. The third resistance is at $213.93.

If the price drops, the first support level to watch is $186.29. If this level does not hold, a further decline to the next support level of $176.56 is possible#2024withBinance