AI Predicted Solana (SOL) Price At The End Of March 2023
By March 31, 2023, Solana price is expected to cost $19.20, according to the cryptocurrency tracking website PricePredictions.
Solana 30-day price prediction | Source: PricePredictions
Meanwhile, the one-day indicators at the financial analytics site TradingView show a bearish mood for Solana, as seen by the fact that their summary is in the “sell” area at 13 and that oscillators are pointing to “neutral” at 8 while moving averages are indicating a “strong sell” at 12.
Solana one-day sentiment gauges | Source: TradingView
Interestingly, the persistent disruptions on the Solana network may be related to the pessimistic attitude. Despite this, cryptocurrency traders and investors continued to be interested in Solana during the last week, as evidenced by the $340,000 in inflows from Solana-focused investment products.
As of right now, Solana is trading at $18.39, representing a loss of 5% for the day, as well as a loss of 10% for the previous week and a loss of 16% for the past month.
SOL/USD 4-hour chart | Source: TradingView
According to the charts from March 7, the 11th-largest digital asset by market capitalization has increased by over 100% since January 1 due to the newfound confidence in the cryptocurrency industry that came with the start of the year.
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