Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Bears keep controlling the situation on the last day of the week, according to CoinMarketCap.
SOL/USD
The rate of Solana (SOL) has declined by 1.61% since yesterday. Over the last week, the price has fallen by 2.47%.
On the hourly chart, the price of SOL is in the middle of the narrow channel between the support of $162.23 and the resistance of $166.94.
Related
As most of the daily ATR has been passed, any sharp moves are unlikely to happen by the end of the day.
On the bigger time frame, the rate has made a false breakout of the support of $162.50. If a bounce back does not happen, there is a chance of a more profound decline to $160 and below.
From the midterm point of view, the weekly bar is about to close bearish. In this case, traders are likely to see a test of the $150-$160 range next week.
SOL is trading at $164.11 at press time.
Read More: u.today
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Solana 
USDC 
Dogecoin 
TRON 
Cardano 
Lido Staked Ether 
Wrapped Bitcoin 
Hyperliquid 
Sui 
Wrapped stETH 
Chainlink 
Avalanche 
LEO Token 
Stellar 
Bitcoin Cash 
Toncoin 
Shiba Inu 
USDS 
Hedera 
Litecoin 
WETH 
Wrapped eETH 
Monero 
Polkadot 
Binance Bridged USDT (BNB Smart Chain) 
Ethena USDe 
Bitget Token 
Pepe 
Coinbase Wrapped BTC 
Pi Network 
WhiteBIT Coin 
Aave 
Uniswap 
Dai 
Ethena Staked USDe 
Bittensor 
OKB 
Aptos 
NEAR Protocol 
Cronos 
BlackRock USD Institutional Digital Liquidity Fund 
Internet Computer 
Jito Staked SOL 
Ondo 
Ethereum Classic