Even though most of the coins remain in the green zone, the prices of some cryptocurrencies have started to fall, according to CoinMarketCap.
SOL/USD
The rate of Solana (SOL) has increased by 0.61% over the past day.
On the hourly chart, the price of SOL is near the support of $166.78. If buyers cannot seize the initiative, the breakout may lead to a test of the $165 zone by tomorrow.
On the bigger time frame, the rate of SOL is trading within yesterday’s bar. The price is far from key levels, which means none of the sides has accumulated enough energy yet.
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In this case, sideways trading in the narrow range of $164-$174 is the most likely scenario.
From the midterm point of view, neither bulls nor bears are dominating. The volume remains low, which means traders are unlikely to witness sharp moves soon.
SOL is trading at $168.26 at press time.
Source: https://u.today/solana-sol-price-prediction-for-may-21