💥Solana Price Prediction: SOL Returns Above $100💥

The Solana price has been at $102 for 24 hours, while the market has done the same.

Today, SOL is inactive after rising over $100 after falling below this crucial threshold during the weekend. The cryptocurrency is down 9% per week.

SOL, on the other hand, has gained 11% in the previous month and 340% in the past year.

After the weekend's slump, its price swiftly recovered, indicating medium- and long-term momentum for future increases.

The trend and indicators suggest that SOL is currently in a mild correction and may fall lower before returning to positive expansion.

Its 30-day average has been falling for a week, and because its present price is below it, it should fall more in the coming days.

SOL's relative strength index has gone below 50 in recent days and is approaching 40, indicating future losses.

SOL may drop below $100 again, but its support level (green) has been robust in previous weeks, preventing extreme drops like below $95.

SOL has faltered in recent weeks because institutions and money have ignored it.

In reality, the latest CoinShares Digital Asset Funds Flows data reveals that SOL fund flows fell $3 million last week.

Their reaction may due to Solana's surprise outage earlier this month, but SOL has excelled in the preceding couple of months, so profit-taking seems more likely.

Despite the isolated interruption, Solana's platform expansion and $2 billion in locked-in value should help SOL rebound shortly.

By spring, Solana may cost $150, then $200 later in the year.

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