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All of the top coins are in the red zone today, according to CoinStats.
SOL/USD
Solana (SOL) is one of the biggest losers today, falling by 4.42%.
On the hourly chart, the rate of SOL is approaching the support of $147.47. If the situation does not change, traders may expect a test of the $146 mark shortly.
On the longer time frame, there are no reversal signals so far.
However, most of the ATR has been passed, which means traders are unlikely to witness sharp moves by tomorrow.
From the midterm point of view, it is too early to make any long-term predictions. At the moment, the price of SOL is within the previous weekly candle, which means none of the sides has accumulated enough energy yet.
SOL is trading at $150.57 at press time.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team