SOLANA PRICE ANALYSIS & PREDICTION (April 2) – Sol Stagnates Above $120 After a Week Drop, Where next?
Sol's volatility currently appears low on the daily chart due to a lack of interest. While the crypto's outlook remains bearish on a short-term scale, it may resume drops if the supply level increases. Last month was a bit calm for Sol as it bounced off $112, leading to a notable recovery after months of consistent decline. This brought small gains as selling was temporarily suspended. It later ended the month on a sad note as the price rolled over after failing to push above the $145 level. However, things have become stagnant for days due to lack of interest and is now trading flat. While this reveals a volatility contraction on the daily chart, we can expect a sudden price movement once it finishes gathering liquidity on the lower timeframe. An expansion to the downside is much more expected […]
