The rates of most of the coins keep rising, according to CoinStats.
SOL/USD
The price of Solana (SOL) has increased by 2.05% over the last 24 hours.
On the hourly chart, the rate of SOL is near the local resistance of $160.64. However, if a breakout happens, the growth is likely to continue to the $165 zone soon.
On the bigger time frame, traders should pay attention to the level of $163.70.
If the daily bar closes around that mark, the energy might be enough for an ongoing upward move to the $175-$180 range.
On the weekly chart, the rate of SOL is on the way to test the local level of $163.70. If buyers’ pressure continues, one can expect a breakout, followed by a move to the $190 area.
SOL is trading at $159.11 at press time.
https://u.today/solana-sol-price-prediction-for-october-20
Disclaimer
The information provided in this article is only for educational and informational purposes and should not be considered financial or investment advice. We are not licensed financial advisors. Always conduct your research and seek guidance from a certified financial professional before making any investment decisions.
