{"id":453747,"date":"2023-11-01T20:49:30","date_gmt":"2023-11-01T20:49:30","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=453747"},"modified":"2023-11-03T14:31:59","modified_gmt":"2023-11-03T14:31:59","slug":"solana-price-prediction-for-today-november-1-sol-technical-analysis","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/solana-price-prediction-for-today-november-1-sol-technical-analysis","title":{"rendered":"Solana Price Prediction for Today, November 1 &#8211; SOL Technical Analysis"},"content":{"rendered":"<p>The Solana price prediction reveals that SOL may continue to follow the bullish movement as the coin touches the resistance level of $41.82.<\/p>\n<h2>Solana Prediction Statistics Data:<\/h2>\n<ul>\n<li>Solana price now &ndash; $40.78<\/li>\n<li>Solana market cap &ndash; $17.6 billion<\/li>\n<li>Solana circulating supply &ndash; 419.4 million<\/li>\n<li>Solana total supply &ndash; 561.4 million<\/li>\n<li>Solana Coinmarketcap ranking &ndash; #7<\/li>\n<\/ul>\n<h2>SOL\/USD Market<\/h2>\n<p>Key Levels:<\/p>\n<p>Resistance levels: $50, $55, $60<\/p>\n<p>Support levels: $30, $25, $20<\/p>\n<figure id=\"attachment_453751\" aria-describedby=\"caption-attachment-453751\" style=\"width: 1059px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-453751 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLUSD_01112023.png\" alt=\"Solana Price Prediction for Today, November 1 - SOL Technical Analysis\" width=\"1059\" height=\"551\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLUSD_01112023.png 1059w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLUSD_01112023-300x156.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLUSD_01112023-1024x533.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLUSD_01112023-768x400.png 768w\" sizes=\"(max-width: 1059px) 100vw, 1059px\"><figcaption id=\"caption-attachment-453751\" class=\"wp-caption-text\">SOLUSD &ndash; Daily Chart<\/figcaption><\/figure>\n<p>According to the daily chart, <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-solana\">SOL\/USD<\/a> is moving to a touch resistance level of $42 as the coin heads to the upside. However, traders can see that this crypto&rsquo;s difficult period is over as it is trying to create a new trend. The Solana price is currently trading at $40.78 after touching the daily high of $41.82 above the 9-day and 21-day moving averages.<\/p>\n<h2>Solana Price Prediction: Solana (SOL) Increases the Bullish Movement<\/h2>\n<p>At the time of writing, the <a href=\"https:\/\/insidebitcoins.com\/news\/solana-price-prediction-for-today-october-19-sol-technical-analysis\">Solana price<\/a> continues with the upward movement, a break above the upper boundary of the channel may encourage more buyers to increase their entries, which could later push the price toward the resistance levels of $50, $55, and $60. On the downside, any bearish movement below the 9-day moving average could gain traction with the next focus at $35 support.<\/p>\n<p>Moreover, if the support level of $35 is broken, the downside pressure may increase while the critical supports may be located at $30, $25, and $20. Meanwhile, the 9-day MA is still hovering above the 21-day moving average which confirms the bullish movement within the channel.<\/p>\n<h2>SOL\/BTC Bulls Dominate the Market<\/h2>\n<p>Against Bitcoin, the <a href=\"https:\/\/insidebitcoins.com\/visit\/etoro-news\" rel=\"nofollow\">Solana<\/a> price is exchanging hands above the 9-day and 21-day moving averages, a daily close above the upper boundary of the channel could encourage the bulls to extend the rally toward 1400 SAT and above while a close below the moving averages could reverse the Solana price direction toward the daily support at 1100 SAT.<\/p>\n<figure id=\"attachment_453750\" aria-describedby=\"caption-attachment-453750\" style=\"width: 1059px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"wp-image-453750 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLBTC_01112023.png\" alt=\"Solana Price Prediction for Today, November 1 - SOL Technical Analysis\" width=\"1059\" height=\"551\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLBTC_01112023.png 1059w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLBTC_01112023-300x156.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLBTC_01112023-1024x533.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/SOLBTC_01112023-768x400.png 768w\" sizes=\"(max-width: 1059px) 100vw, 1059px\"><figcaption id=\"caption-attachment-453750\" class=\"wp-caption-text\">SOLBTC &ndash; Daily Chart<\/figcaption><\/figure>\n<p>However, any further bearish movement could take the coin to the support of 1000 SAT and below. Meanwhile, there is a possibility that SOL\/BTC may continue the bullish trend if the buyers increase the pressure within the channel.<\/p>\n<h2>Solana Alternatives<\/h2>\n<p>The Solana price is at the moment showing a positive movement as the market moves to cross above the upper boundary of the channel. Meanwhile, the Solana price still needs to create additional gains and traders can expect the price to continue to rise as soon as it crosses above the channel.<\/p>\n<p>SOL has a multi-billion market cap. Therefore a presale with a low market cap might have more upside potential in the long term. On that note, <a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" rel=\"nofollow\">Bitcoin Minetrix<\/a> is the leading tokenized cloud mining platform which opens doors for everyday people to participate in decentralized Bitcoin (BTC) mining. However, the tokenization mechanism guarantees a secure and transparent mining experience. Therefore, investors can buy the token now as the ongoing presale raised over $3m.<\/p>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">New Crypto Mining Platform - Bitcoin Minetrix<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/09\/bitcoin-minetrix.svg\" alt=\"Bitcoin Minetrix\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Audited By Coinsult<\/li>\n                                                                                                    <li>Decentralized, Secure Cloud Mining<\/li>\n                                                                                                    <li>Earn Free Bitcoin Daily<\/li>\n                                                                                                    <li>Native Token On Presale Now - BTCMTX<\/li>\n                                                                                                    <li>Staking Rewards - Over 50% APY<\/li>\n                                                                                            <\/ul><!--\/.inContentProviderSingle--lis-->\n                                                                            <\/div>\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-4 d-none d-sm-none d-md-block d-lg-block\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img float-right\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/09\/bitcoin-minetrix.svg\" alt=\"Bitcoin Minetrix\" width=\"125\" height=\"60\">\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <div class=\"col-12 text-center\">\n                                        <div class=\"inContentProviderSingle--button\">\n                                                                                        <a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" title=\"Start Trading\" rel=\"nofollow\">Learn More<\/a>\n                                        <\/div>\n                                        <div class=\"inContentProviderSingle--disclaimerText\">\n                                                                                    <\/div>\n                                    <\/div>\n                                <\/div><!--\/.row-->\n                            <\/div><!--\/.container-->\n                        <\/div><!--\/.inContentProviderSingle--wrapper-->\n                    <\/div><!--\/.inContentProvider--single-->\n                            \n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The Solana price prediction reveals that SOL may continue to follow the bullish movement as the coin touches the resistance level of $41.82. Solana Prediction <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/in-content-providers\/bitcoin-minetrix\" title=\"Bitcoin Minetrix\">[&#8230;]<\/a><\/div>","protected":false},"author":1742,"featured_media":453749,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"categories":[1],"tags":[12214,10639,12580,7992],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Solana Price Prediction for Today, November 1 - SOL Technical Analysis<\/title>\n<meta name=\"description\" content=\"The Solana price prediction reveals that SOL may continue to follow the bullish movement as the coin touches the resistance level of $41.82.\" \/>\n<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453747\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana Price Prediction for Today, November 1 - SOL Technical Analysis\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-01T20:49:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-03T14:31:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/solana-sol-logo-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Azeez Mustapha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ItuGlobal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Azeez Mustapha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453747#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453747\"},\"author\":{\"name\":\"Azeez Mustapha\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/0e3e45af228d02da2a4f4ff4b82454b8\"},\"headline\":\"Solana Price Prediction for Today, November 1 &#8211; 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Find his other published work on Learn2.trade, and CryptoSignals.org.","sameAs":["https:\/\/www.linkedin.com\/in\/azeez-mustapha-0825565b\/","https:\/\/twitter.com\/ItuGlobal"],"url":"https:\/\/insidebitcoins.com\/news\/author\/azeezmustaph"}]}},"modified_by":"Azeez Mustapha","_links":{"self":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453747"}],"collection":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/users\/1742"}],"replies":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/comments?post=453747"}],"version-history":[{"count":3,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453747\/revisions"}],"predecessor-version":[{"id":454411,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/453747\/revisions\/454411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media\/453749"}],"wp:attachment":[{"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/media?parent=453747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/categories?post=453747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/tags?post=453747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}