What's interesting about SOL in April????
Solana's recent price performance is a combination of various market factors. The token previously encountered resistance at various price levels before briefly touching a new ATH of $200. SOL is currently at $183, down 2% in the past 24 hours.
In April, leading cryptocurrency prediction platform CoinCodex predicted a bullish streak for Solana. The platform expects Solana to grow by a whopping 227% by April 27, 2024.
“According to our current Solana price prediction, Solana price is predicted to increase by 227.56% and reach $593.96 by April 27, 2024. According to our technical indicators, current sentiment is now bullish, while the Fear & Greed Index is showing 80 (extreme greed). Solana recorded 19/30 (63%) green days with a price volatility of 16.75% over the past 30 days.”
Similar
“Based on the current classic pivot point (P1) with a value of 186.46 USD, Solana has support levels at 180.70 USD, 175.18 USD and the strongest level at 169.41 USD. Similarly, Solana resistance levels are 191.98, 197.75 and 203.26.”
However, in April, the overall momentum predicted for Solana looks positive from all sides. It should be noted that SOL will need to maintain its bullish trend to reach its ambitious price above $200.
“Solana price forecast for the next 30 days is a forecast based on positive and negative trends over the past 30 days. Based on these Solana predictions, SOL will change hands at $269.17 on April 4, 2024, increasing 48.45% in the process.”
