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BTC $82,233 +1.28%ETH $2,455.55 +3.77%SOL $106.34 +3.52%XRP $1.34 +2.52%BNB $730.46 +1.54%DOGE $0.0823 +2.84%Prices: CoinGecko,
Altcoins & DeFi

Solana (SOL) Price: Rebounds From $100 as ETF Outflows Reach Eighth Day

Image: CoinCentral

TLDR Solana traded near $106 on Oct. 15 after testing $100 support, with a low of $100.62. U.S. spot SOL ETFs saw $1.29 million in outflows on Oct. 14, their eighth straight day of withdrawals. Daily MACD stayed negative, and the 200-day EMA at $97.95 is the first major support. Tokenized equity supply on Solana rose to nearly $611 million across 1.42 million holders. Analyst Don Wedge flagged an $80 to $95 support zone, while analyst Aman set $97 to $99 as key support. Solana (SOL) fell to the $100 level this week before bouncing back above $106. The token hit an intraday low of $100.62 on Oct. 15 and closed the session up 1.84%, according to TradingView data. SOL is still down more than 13% in October.

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