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Solana (SOL) Price Prediction for March 23
The current market situation with Solana (SOL) has led to a significant rise in its value, with the price increasing by 2.3% over the last day alone. At $133.43 as of press time, the cryptocurrency is hovering around local resistance at $134.06.
As we move forward on the hourly chart, it appears that if the daily bar closes above this mark or near it, there is a high probability that the growth will continue to reach $137 tomorrow. This upward trend is fueled by the current energy stored in the market and would not be surprising given the overall momentum seen recently.
On the larger time frame, however, the situation remains ambiguous as neither side has taken the initiative yet. In the event that the weekly candle closes at its current price range, a prolonged period of sideways trading within $125-$135 is becoming increasingly plausible.
It’s essential to note that this prediction does not come with any guarantees and should be treated as subjective analysis only.
Source: https://u.today/solana-sol-price-prediction-for-march-23
