Despite a widespread banking crisis, the cryptocurrency market is still recovering, and Solana (SOL) is no exception. As a result, the cryptocurrency community is betting on further price growth for Solana (SOL), particularly by the end of the third month of 2023.
Indeed, based on 1,062 votes cast by the members of the crypto tracking platform CoinMarketCap by press time, According to the most recent information retrieved on March 17, Solana is anticipated to reach an average price of $21.8 on March 31, 2023.
If the predictions of the community come true, Solana’s price would rise by $7.46%, or $1.513, from its current level, which, according to data accessed by Finbold, was $20.28 at the time of publication.
SOL Technical Analysis
Having said that, the community’s optimism around Solana is yet to reflect on the one-day sentiment gauges based on its technical analysis (TA) over at the finance tracking website TradingView, which is still largely ‘neutral’ at 10, based on oscillators indicating ‘buy’ at 2 and moving averages (MA) in the “neutral” zone at 1 (with both “sell” and “buy” signs at 7).
