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.
Solana price today stands at $86.9300, representing a decline of 0.51% over the past 24 hours. The cryptocurrency has experienced a more pronounced drop of 6.87% across the seven-day period. Solana's market capitalisation currently reaches $50,261,372,923. The Solana real time price remains unchanged from the previous report recorded at the same timestamp, maintaining identical values across all metrics.
The RSI (14) registers at 28.1, positioning SOL in oversold territory. The Relative Strength Index measures momentum by comparing the magnitude of recent gains to recent losses on a scale from 0 to 100.
The MACD shows a reading of -0.4729, with the signal line at 0.7234 and the histogram at -1.1963. The Moving Average Convergence Divergence measures the relationship between two moving averages of an asset's price to identify momentum changes.
Solana's price currently trades in the lower half of the Bollinger Bands channel, with the upper band at $99.2330, the middle line at $92.3320, and the lower band at $85.4310. Bollinger Bands measure volatility by plotting standard deviations above and below a moving average.
Trading volume reaches 50,261,373,000, which represents 0.99 times the 20-period average of 50,877,407,100. Volume measures the total number of shares or contracts traded during a specified period.
The Fear & Greed Index stands at 27 out of 100, placing market sentiment in the "Fear" zone. This index measures investor emotions and sentiment by analysing multiple market factors including volatility, momentum, and social media sentiment.
The Federal Reserve interest rate stands at 3.64%, whilst the Consumer Price Index reached 332.407 with a monthly variation of 0.64%. The Fed rate measures the cost of borrowing money, and the CPI measures the average change in prices paid by consumers for goods and services.
The Nasdaq Composite closed at 26,225.14 points with a gain of 4.62%, and the S&P 500 finished at 7,408.50 points. These indices measure the performance of technology-focused companies and the broader US stock market respectively.
The VIX closed at 17.26 points. The Volatility Index measures expected volatility in the S&P 500 over the next 30 days based on options pricing.
Bitcoin dominance currently stands at 58.36%. This metric measures Bitcoin's share of the total cryptocurrency market capitalisation.
The Dollar Index (DTWEXBGS) registers 118.04 with a decline of 0.30%. This index measures the US dollar's strength against a basket of major foreign currencies.
Gold trades at $4,537.74 per ounce, whilst WTI crude oil stands at $101.56 per barrel. These commodities measure the value of precious metals and energy markets respectively.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Negative | -0.51% 24h |
| RSI (14) | Negative | 28.1 |
| MACD | Negative | Hist: -1.1963 |
| Bollinger Bands | Negative | in the lower half of the channel |
| Volume | Neutral | 0.99x avg |
| Fear & Greed Index | Negative | 27/100 (Fear) |
| BTC Dominance | Neutral | 58.4% |
| Nasdaq Composite | Positive | 26,225 pts |
| S&P 500 | Positive | 7,408 pts |
| VIX | Neutral | 17.26 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Negative | 118.04 |
| Gold | Positive | $4,538/oz |
| Oil (WTI) | Positive | $101.56/barrel |