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Solana (SOL) Price Prediction for July 10

u.today

21 hour ago

Solana (SOL) Price Prediction for July 10

The prices of most coins are not going to decline anytime soon, according to CoinStats. SOL/USD The rate of Solana (SOL) has increased by 1.6% since yesterday. On the hourly chart, the price of SOL is on its way to the local support of $155.93. If bulls cannot seize the initiative, one can expect a level breakout, followed by a dump to the $155 range. On the longer time frame, the rate of SOL has once again bounced off the resistance of $158.80. If the daily bar closes far from that mark and with a long wick, bears may seize the initiative, which may lead to a correction to the $155 mark. From the midterm point of view, traders should pay attention to the weekly bar closure. If it happens above the nearest level of $158.80, the accumulated energy might be enough for a move to the $163.54 mark. SOL is trading at $156.50 at press time.

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