How is Solana doing now? As of January 21 data, SOL is hovering around $133, having dropped 6.67% in the past day and nearly 4% over the past week. Technically, short-term support is at $127.84, with resistance above at $148.79. The MACD indicates that momentum is somewhat weak, and the overall trend is neutral. Market analysts generally believe there is a chance to break into the $150-$162 range in the next 4 weeks, supported by continuous ETF inflows and growing ecosystem projects. However, it’s important to note that high volatility risk still exists, and a pullback could happen at any time, so caution is advised.
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SandwichHunter
· 6h ago
It dropped again. Can we hold at 127 this time? Feels like analysts' explanations are the same every week.
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FOMOSapien
· 6h ago
Dropped again, SOL is testing my patience haha
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RatioHunter
· 6h ago
Hmm... It's the same old story of MACD weakness, but the continuous inflow into ETFs is indeed worth watching.
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GhostChainLoyalist
· 6h ago
This wave of SOL is really a bit annoying, dropping and dropping... But analysts all say that it can reach above 150 later, it all depends on whether the ETF is strong enough.
How is Solana doing now? As of January 21 data, SOL is hovering around $133, having dropped 6.67% in the past day and nearly 4% over the past week. Technically, short-term support is at $127.84, with resistance above at $148.79. The MACD indicates that momentum is somewhat weak, and the overall trend is neutral. Market analysts generally believe there is a chance to break into the $150-$162 range in the next 4 weeks, supported by continuous ETF inflows and growing ecosystem projects. However, it’s important to note that high volatility risk still exists, and a pullback could happen at any time, so caution is advised.