The SOL price prediction indicates a recovery target between $150 and $160 within 30 days as the market shows signs of oversold conditions and support from Bollinger Bands. Analysts point to the current price near $140, suggesting a possible bounce back due to these indicators. The RSI (Relative Strength Index) suggests that Solana is currently in an oversold state, which often precedes a price recovery. Market participants are closely monitoring these technical levels to gauge potential upward movement in the coming weeks. If the support holds, it could set the stage for a significant price recovery as investors look for opportunities to capitalize on the current market dynamics.
This update was auto-syndicated to Bpaynews from real-time sources. It was normalized for clarity, SEO and Google News compatibility.
