Solana SOL
⚠️ Notice: This report describes the state of the market at the time of its generation. It does not constitute financial advice or investment recommendation. Any investment decision is the sole responsibility of the reader.
The Solana price today stands at $96.0500, representing a 0.76% increase over the past 24 hours. The cryptocurrency has gained 13.18% over the seven-day period, with its market capitalisation reaching $55,515,287,538. Compared to the previous report, where Solana real time pricing was recorded at $96.0600, the current price shows a marginal decline of $0.01 or approximately 0.01%.
The RSI (14) currently reads 69.1. This indicator measures the speed and magnitude of price changes on a scale from 0 to 100, with the current reading positioning Solana in the upper range, approaching overbought territory which typically begins around 70.
The MACD shows a value of 2.8629, with the signal line at 2.2975 and the histogram at 0.5654. This indicator measures the relationship between two moving averages of an asset's price, with the MACD line currently trading above its signal line.
Bollinger Bands show an upper band at $99.0669, middle band at $91.0455, and lower band at $83.0241, with the current price positioned in the upper half of the channel. These bands measure price volatility and relative price levels over a specified period.
Current volume stands at 55,515,288,000 against a 20-period average of 50,118,545,100, creating a ratio of 1.11x above the mean. Volume measures the total number of shares or contracts traded during a given period.
The Fear & Greed Index registers 49 out of 100, placing it in neutral territory. This index measures market sentiment by analysing various factors including volatility, market momentum, and social media activity.
The Federal Reserve's interest rate stands at 3.64%, whilst the Consumer Price Index reached 330.293 with a monthly variation of +0.87%. These metrics measure monetary policy stance and inflation levels respectively.
The S&P 500 closed at 7,200.75 points in the previous session. This index measures the performance of 500 large-cap American companies and serves as a benchmark for overall US equity market performance.
The VIX closed at 16.99 in the previous trading session. This index measures implied volatility expectations in the S&P 500 options market over the next 30 days.
Bitcoin dominance currently stands at 58.77%. This metric measures Bitcoin's market capitalisation as a percentage of the total cryptocurrency market capitalisation.
The broad dollar index (DTWEXBGS) registered 118.39, showing a decline of 0.29% from the previous session. This index measures the US dollar's value against a basket of major trading partner currencies.
Gold trades at $4,545.25 per ounce in real-time, whilst WTI crude oil closed at $99.89 per barrel in the previous session. These commodities measure precious metal values and energy costs respectively.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Positive | +0.76% 24h |
| RSI (14) | Positive | 69.1 |
| MACD | Positive | Hist: 0.5654 |
| Bollinger Bands | Positive | in the upper half of the channel |
| Volume | Positive | 1.11x avg |
| Fear & Greed Index | Neutral | 49/100 (Neutral) |
| BTC Dominance | Neutral | 58.8% |
| Nasdaq Composite | Positive | 25,068 pts |
| S&P 500 | Positive | 7,201 pts |
| VIX | Neutral | 16.99 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Negative | 118.39 |
| Gold | Positive | $4,545/oz |
| Oil (WTI) | Positive | $99.89/barrel |