Solana

April

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 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
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Bulls are trying to hold the gained initiative, according to <a href="https://u.today/shib-price-prediction-for-april-22" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="37082a2e-a888-4017-a30e-8e804950c112" src="https://u.today/sites/default/files/inline-images/top10_1073.png">SOL chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="sol-usd">SOL/USD</h2>
The price of Solana (SOL) has risen by 2.08% since yesterday. <img data-entity-type="file" data-entity-uuid="17490784-7e96-452c-ae27-5eedfea74399" src="https://u.today/sites/default/files/inline-images/sol1_31.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the hourly chart, the rate of SOL is on its way to testing the local resistance level of $159.33. If the bar closes near it, the accumulated energy might be enough for a breakout, followed by a move to the $160 zone and above. <img data-entity-type="file" data-entity-uuid="6db1d5f1-a7f3-4eef-abab-dea0bc50b167" src="https://u.today/sites/default/files/inline-images/sol2_27.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the bigger time frame, traders should focus on the daily bar closure in terms of the $156 level. If it happens above it and with no long wick, the upward move is likely to continue to the $160-$165 area.&nbsp;
Such a scenario is relevant until the end of the week. <img data-entity-type="file" data-entity-uuid="eb561436-73e5-499a-95ee-2bffc642d573" src="https://u.today/sites/default/files/inline-images/sol3_27.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/SOLUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, it is too early to make any far predictions as only a few days remain until the candle closes. However, if it happens above the previous bar peak ($156), buyers may seize the initiative, which can lead to a test of the $170 range.
SOL is trading at &nbsp;$157.24 at press time.

Solana (SOL) Price Prediction for April 23

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