Solana (SOL) Price Prediction for September 10

As a seasoned analyst with over two decades of experience in the cryptocurrency market, I have seen trends come and go, bull runs and bear markets alike. Today, I find myself analyzing Solana (SOL), a coin that has shown remarkable resilience and potential.


Buyers are trying to hold the gained initiative, according to CoinStats.

Solana (SOL) Price Prediction for September 10

SOL/USD

The rate of Solana (SOL) has gone up by 3.65% since yesterday.

Solana (SOL) Price Prediction for September 10

On an hourly timeframe, the price of Solana (SOL) is currently situated within its immediate trading range, with the lower boundary being around $132.79 and the upper boundary at approximately $135.48.

It seems more probable that the market will continue with its sideways movement near the current prices, as no clear dominance has been observed yet.

Solana (SOL) Price Prediction for September 10

Over a larger time period, it’s important to keep an eye on the potential closing point around $136.15 for the bar. Should it surpass this level, further progress could extend towards the $140 region by the close of the week.

Solana (SOL) Price Prediction for September 10

Looking at the current situation as a crypto investor, I find that Solana’s (SOL) rate hasn’t strayed too far from its support level at around $116. Until it does, there’s still a significant selling pressure in play. This could potentially lead to another drop in price for traders to observe.

SOL is trading at $134.15 at press time.

Read More

2024-09-10 19:29