Solana (SOL) Price Prediction for June 17

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U.Today
06-17

All of the top coins are in the red zone today, according to CoinStats.

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Top coins by CoinStats

SOL/USD

Solana (SOL) is one of the biggest losers today, falling by 4.42%.

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Image by TradingView

On the hourly chart, the rate of SOL is approaching the support of $147.47. If the situation does not change, traders may expect a test of the $146 mark shortly.

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Image by TradingView

On the longer time frame, there are no reversal signals so far. 

However, most of the ATR has been passed, which means traders are unlikely to witness sharp moves by tomorrow.

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Image by TradingView

From the midterm point of view, it is too early to make any long-term predictions. At the moment, the price of SOL is within the previous weekly candle, which means none of the sides has accumulated enough energy yet.

SOL is trading at $150.57 at press time.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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