Solana (SOL) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Distributed Software Platform has advanced 8.12% to $142.82.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
SOL’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Solana price is trading above resistance. With support at $123.34 and resistance set at $137.83. This leaves Solana out of range and potentially in a volatile position if the rally burns out.
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