Solana Price Prediction for Today, July 28: SOL Trades Sideways Feebly ByAzeez MustaphaPRO INVESTOR Updated: 28 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. Solana Price Prediction – July 28It appears the Solana market trades sideways feebly against the market worth of the US Dollar. The crypto price trades around $40 at an average minimal percentage rate of 0.40 negative. During yesterday’s operations, the price recorded a low of $35.76 and a high of $40.38.Solana (SOL) Statistics:SOL price now – $40.85SOL market cap – $14 billion SOL circulating supply – 346 million SOL total supply – 511.6 million Coinmarketcap ranking – #9SOL/USD MarketKey Levels:Resistance levels: $50, $55, $60Support levels: $25, $20, $15SOL/USD – Daily ChartThe daily chart reveals the crypto-economic price trades sideways feebly within the range-bound zones of $25 and $50. The 50-day SMA indicator is at $52.25, near over the upper range line drawn, and the 14-day SMA trading indicator is underneath them at the $38.85 level. The Stochastic Oscillators have moved southbound toward the range of 20, trying to cross back northbound from the range spot. Expectations are gradually increasing to suggest price is taking its time to run in another direction. Buy Solana Now Can there be a breakout at the $50 resistance upper range level of the SOL/USD market soon? The SOL/USD market trading pace has only been posing a bullish-promising outlook presently within the range-bound zones of $25 and $50. And the price may not sustainably break out at the upper range point as the crypto economy trades sideways feebly. Long-position takers have to use either a 1-hour or 4-hour time frame to decide an appropriate period to determine when to enter a buying order at a lower-trading spot that has to be backed by price action.On the downside of the technical analysis, the upper range value line at $50 will be the main resistance area where selling activities will decently take a course. Contrary to that technical assumption, the positional reading of the Stochastic Oscillators in an overbought region without the market pushing northward to the value line may result in a prompt resumption of a downward-trending force within the range-bound zones. SOL/BTC Price Analysis In comparison, the first instance shows Solana is somewhat waxing stronger against the pushing ability of Bitcoin in the market. Secondly, the cryptocurrency pair trades sideways feebly around the trend line of the SMAs. The 14-day SMA indicator is underneath the 50-day SMA indicator. The bullish trend line drew to mark the point showing where a downward force tends to get exhaustion near underneath the smaller SMA. The Stochastic Oscillators are in the oversold region, seemingly trying to cross the lines northbound within to show the base crypto hasn’t given up to its counter-trading crypto. Battle Infinity - New Metaverse Game Our Rating Presale Sold Out Early - Upcoming PancakeSwap Listing First Fantasy Sports NFT Game Play to Earn Utility - IBAT Token Powered By Unreal Engine CoinSniper Verified, Solid Proof Audited Roadmap & Whitepaper at battleinfinity.io Visit Site Read more: How to buy Solana How to buy cryptocurrency