Solana (SOL) Price Prediction for October 20
2024-10-20

The rates of most of the coins keep rising, according to CoinStats.SOL chart by CoinStats
SOLUSD
The price of Solana SOLUSD has increased by 2.05% over the last 24 hours.Image by TradingView
On the hourly chart, the rate of SOL is near the local resistance of $160.64. However, if a breakout happens, the growth is likely to continue to the $165 zone soon.Image by TradingView
On the bigger time frame, traders should pay attention to the level of $163.70.
If the daily bar closes around that mark, the energy might be enough for an ongoing upward move to the $175-$180 range.Image by TradingView
On the weekly chart, the rate of SOL is on the way to test the local level of $163.70. If buyers' pressure continues, one can expect a breakout, followed by a move to the $190 area.
SOL is trading at $159.11 at press time.