Solana / Tether

Will SOL Price Hit The High Of $250 In 2024?

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Solana has a market cap of $66.6 Billion and is ranked 5th in the CMC. The volume of the asset price has observed a decline of 53% in the intraday session. SOL token price is currently trading near $144 with a slight loss in the intraday session. It is currently 44% down from its All time high price.
SOL token price is currently trading in a downtrend channel. It is forming weak bearish candles on the daily chart and is trading below the 50 and 100 EMA. The upside trend of SOL can see a halt near the value of $180 while the support of the asset price can be seen near $125.
The RSI of SOL is currently near 38 with a negative slope in it. The overall sentiment of the RSI is bearish in nature.

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