Solana Price Prediction for Today, July 22: SOL Price May Slide Below $40 Support ByAzeez MustaphaPRO INVESTOR Updated: 22 July 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage The Solana price prediction is currently heading to the south and the dip is likely to worsen because of a recent decline within the market. Solana Prediction Statistics Data: Solana price now – $40.8 Solana market cap – $14.0 billion Solana circulating supply – 345.7 million Solana total supply – 511.6 million Solana Coinmarketcap ranking – #9 SOL/USD Market Key Levels: Resistance levels: $75, $77, $79 Support levels: $10, $8, $6 Buy Solana Now SOL/USD may follow the bearish movement as the coin moves to cross below the 9-day and 21-day moving averages. The Solana price is at the time of writing trading at $40.8. Any further bearish movement below the support of $40 may create another low within the market. Solana Price Prediction: Solana (SOL) May Drop More The Solana price is currently ranging, but a cross below the moving averages may increase the short-term selling pressure and the next critical supports may come at $10, $8, and $6 respectively. Meanwhile, if the coin decides to follow the bullish movement, staying above the 9-day and 21-day moving averages may touch the potential resistance levels at $75, $77, and $79. Nonetheless, the technical indicators could start a new bullish session, but it is, however, not clear how long the session will last. Therefore, it is important to watch the support level coupled with the movement of other indicators within the daily channel to confirm the next direction that the coin may follow. SOL/BTC Market: Bears May Come to Play Compared with Bitcoin, the market price may head to the downside as the coin trades at 1795 SAT within the 9-day and 21-day moving averages. If the Solana price makes a cross above the upper boundary of the channel, it may touch the nearest resistance at 2000 SAT. However, if the market drops more, the next key support may come at 1200 SAT and below. SOLBTC – Daily Chart On the bullish side, a possible rise could push the market above the channel to hit the resistance level of 2400 SAT and above. The technical indicator Relative Strength Index (14) may confirm the downward movement if the signal line crosses below 50-level. AiDoge - New Meme to Earn Crypto Our Rating Earn Crypto For Internet Memes First Presale Stage Open Now, CertiK Audited Generate Memes with AI Text Prompts Staking Rewards, Voting, Creator Benefits Join Presale Read more: How to buy Solana Join Our Telegram channel to stay up to date on breaking news coverage