AI Predicted Solana (SOL) Price At The End Of April 2023

Notwithstanding the strong performance of Bitcoin (BTC) and Ethereum (ETH) in March, Solana (SOL), which was previously dubbed an “Ethereum killer,” had a small fall in value during the month.

Solana prices were largely stable in April, with the asset temporarily reaching a high of $1.42 the previous week, reflecting a tiny 0.41% increase and maintaining a small price range. Investors are optimistic that SOL will rebound to its February high of $26.50, especially now that the fallout from FTX has largely faded.

According to the most recent PricePredictions data, SOL will be trading at $19.37 on April 30, 2023.


Solana 30-day price prediction | Source: PricePredictions

Solana’s current market price is $20.39, with $19.26 as support and $21.89 as resistance. These indicators indicate that SOL may struggle to break through the resistance level and not fall below the support level soon. SOL is down 2% in the last seven days and up 0.5% in the previous week, with a total market capitalization of $7.9 billion. At the time of writing, SOL is changing hands at $20.48.


SOL/USD 4-hour chart | Source: TradingView

Solana’s overall rating is in the the’strong sell range with a score of 17, as suggested by the moving averages, which indicate a strong sell rating of 14, and the oscillators, which indicate a sell rating of 3.


Solana one-day sentiment gauges | Source: TradingView

These signs suggest that the selling pressure on Solana’s price may be severe, while the purchasing momentum may be sluggish or insufficient to produce a bullish picture shortly.

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