The Solana price prediction is currently facing a slight decline in the value of 2.73% after being rejected at a $32.4 resistance.<\/p>\n
Key Levels:<\/p>\n
Resistance levels: $38, $40, $42<\/p>\n
Support levels: $25, $23, $21<\/p>\n
SOL\/USD is heading towards the south as the price failed to break above the upper boundary of the channel. Looking at the daily chart, Solana (SOL)<\/a> shows that the price is yet to cross below the 21-day moving average, but the price may need to retreat a little bit before facing the upside.<\/p>\n
The Solana price<\/a> hovers within the 9-day and 21-day moving averages, should buyers manage to power the market once again and push the coin above the channel; it may likely find resistance levels at $38, $40, and $42. Meanwhile, bulls need to hold the current level of $31.3 to begin an upward movement.<\/p>\n