- SOL is currently trading at $13.18 after a more than 5% drop in price.
- The price of SOL is being held up by the 9 EMA line.
- If a price drop does occur in the next 48 hours, SOL’s price will target $12.63.
One of the cryptocurrencies in the red for the day is Solana (SOL). According to CoinMakretCap, SOL is currently trading at $13.18 after a more than 5% drop in price over the last 24 hours. The altcoin is, however, still up by 39.05% over the last seven days.
Also in the red zone is SOL’s 24-hour trading volume which currently stands at $767,181,856 after a more than 46% decrease since yesterday. SOL also weakened against Bitcoin (BTC) by 4.81% over the last day.