토토사이트 머스트잇；카지노사이트, 바카라；카지노사이트킴

파라오카지노 【보증업체】 가입코드 이벤트 쿠폰；온라인바카라

Sebastian Villafuerte — Tue, 22 Oct 2024 03:00:07 +0000

Solana (SOL) has finally broken above the $160 resistance, a critical level that has held the price down since early August. This breakout signals a confirmed uptrend, sparking excitement among investors as Solana continues to push higher. With the market showing renewed optimism, analysts set bullish price targets for Solana’s next potential moves. Top analyst and investor Carl Runefelt recently shared valuable insights on Solana’s outlook, boldly predicting that Solana could reach $370 in the coming months. He believes that the altcoin is set for a significant rally once Solana breaks above its current high timeframe bullish pattern.

Investors are closely watching for confirmation of this bullish trend, anticipating further gains as Solana’s price action gains momentum. Solana’s recent breakout and positive market sentiment suggest a strong performance shortly.

Solana Prepares For A Rally

Solana is on the verge of a move, potentially reaching yearly or even all-time highs. The bullish outlook across the market continues to signal positive gains for SOL in the coming months.

Crypto analyst Carl Runefelt recently shared a technical analysis on X, stating that Solana could go parabolic starting today. He highlights that SOL is breaking out of a massive Cup & Handle pattern, a classic bullish formation often seen on higher timeframes. Solana could rally toward a potential target of $370 if this pattern plays out.

The Cup & Handle pattern is known for its reliability in signaling strong price movements, particularly when the handle completes and breaks upward. In Solana’s case, this breakout could lead to substantial gains, pushing the price to new highs. As the crypto market continues with momentum, SOL investors are optimistic about the potential price surge in the coming days. With the bullish sentiment surrounding Solana, the next few weeks could be crucial in determining whether SOL can maintain its trajectory toward new highs. Investors may see significant returns if Solana breaks out and benefits from the market’s bullish sentiment.

SOL Testing Supply

Solana trades at $166 after successfully breaking above the key $160 resistance level. However, it faced rejection at the $171 supply zone. This level previously acted as minor support in late July and is now a resistance. If SOL manages to break above this resistance, the next target would be a higher supply level (around $188), where investors are likely to take profits or reposition. While the recent price action suggests strength, a healthy retrace to test the previous $160 resistance as support wouldn’t surprise investors. Such a pullback could provide a stronger foundation for SOL’s continued bullish momentum. The overall market sentiment remains optimistic, with many cryptocurrencies experiencing upward movement, which could further fuel Solana’s price action. If SOL holds above $160, it could confirm the next rally, positioning Solana for a surge in the coming weeks. Breaking through the $171 resistance will be critical in determining whether SOL can maintain its bullish trajectory.

Featured image from Dall-E, chart from TradingView

안전한 토토사이트 보증업체；먹튀검증 토토먹튀블러드 DOPAMINE 도파민

Sebastian Villafuerte — Sat, 19 Oct 2024 19:00:05 +0000

Solana (SOL) has been experiencing significant volatility and choppy price action since Monday, testing a crucial supply level that will determine its direction in the coming weeks. As the market continues to push higher, most analysts and investors are anticipating a potential surge for SOL, especially with the $160 resistance level appearing to weaken under recent upward pressure. The crypto community is closely watching these developments, as breaking through this key resistance could lead to substantial gains for the altcoin. Top analyst and investor Carl Runefelt recently shared a technical analysis that paints an optimistic picture for Solana’s price action in the next few hours. According to Runefelt, the weakening resistance could pave the way for a breakout, with bullish momentum carrying SOL to higher targets. While the market remains volatile, confidence in Solana’s ability to overcome current challenges is growing. If the supply level is breached, it could mark the start of a new upward trend, making SOL a focal point for traders looking for opportunities in the current market landscape.

The next few days will be critical in shaping Solana’s trajectory, as investors will closely monitor whether the price will confirm the anticipated rally.

Solana Bullish Pattern Signals Momentum

The entire crypto market is experiencing heightened volatility, and Solana has not been immune to it, with its price fluctuating between $148 and $160 since Monday. This consolidation phase has left traders eager to see which direction the altcoin will take in the coming days.

Runefelt recently shared a technical analysis on X, highlighting that Solana is breaking out of a 1-hour Falling Wedge pattern, a bullish signal.

The immediate upside target is $159.6, a level that, if broken and sustained, could lead to a massive surge toward $185—a significant move that would position Solana near its yearly highs. Despite this bullish setup, the market remains cautious, and there is still the risk that Solana could fail to reclaim key levels. If the price struggles to break and hold above the $159.6 resistance, the current consolidation could persist or even lead to a potential pullback, with downside targets near $148. Such a scenario would disappoint bulls looking for a rally and could dampen market sentiment temporarily. A confirmed breakout and sustained momentum could signal the beginning of a new bullish phase, attracting both retail and institutional investors. However, the risk of a failed breakout looms, keeping market participants on edge. Traders are watching closely as Solana’s next move will likely set the tone for its performance over the next few weeks. If it breaks through resistance, SOL could be well on its way to challenging yearly highs.

Technical Levels To Watch

Solana is currently trading at $154 after finding support at the 200-day moving average (MA) at $150.7, a critical level that signals long-term strength if it holds as a demand zone. This MA has historically acted as a key indicator for market trends, and holding above it would reinforce the bullish outlook for SOL. For bulls to maintain momentum, the price must stay above the 200-day MA and push to break the crucial $160 resistance, a level that has capped Solana’s upward movement since early August. Breaking through this resistance would signal a potential surge in price, opening the door to further gains in the coming weeks. However, if SOL fails to hold above the 200-day MA and cannot overcome the $160 resistance, it risks a corrective move. A drop below the 1D 200 MA could lead to a decline toward $140, a level that will play a pivotal role in determining the next phase of Solana’s price action. Bulls and bears alike are closely watching these key levels, as the next move could set the tone for Solana’s performance in the near term.

Featured image from Dall-E, chart from TradingView

벳엔드 【보증업체】 가입코드 이벤트 쿠폰

Sebastian Villafuerte — Thu, 17 Oct 2024 02:00:20 +0000

Solana is testing a crucial supply level around $160 following a strong 15% surge since last Friday. The crypto market is experiencing heightened volatility as optimism grows, increasing token prices. In recent weeks, Solana and other major cryptocurrencies have been on a rollercoaster ride, and the coming weeks promise continued uncertainty as volatility shows no signs of slowing down. Key metrics from DefiLlama reveal that Solana’s total value locked (TVL) has reached a new yearly high, now at around $6 billion, its highest level since September 2022. This TVL increase signals confidence in Solana’s ecosystem and decentralized finance (DeFi) offerings. Investors and traders are closely watching the market, with Solana’s performance likely to serve as a key indicator for broader market sentiment. As Solana tests this crucial resistance level, the next few days will determine whether the token continues its upward momentum or faces another round of volatility.

Solana Testing Crucial Resistance

Solana is flirting with a 5% surge, poised to challenge local highs and potentially confirm a long-term uptrend. As the broader crypto market experiences a shift, investors and traders are eagerly searching for signals that Solana is ready to break into new highs.

Key data from DefiLlama shows that Solana’s total value locked (TVL) has reached a new yearly high of $6 billion. TVL measures the total value of assets deposited into a blockchain project and is a key indicator of user confidence and engagement.

A rising TVL suggests that more users are locking their funds into Solana’s decentralized applications, a sign of growing trust in its ecosystem. This increase in TVL further supports the bullish outlook that many investors hold for Solana. The platform’s expanding DeFi offerings and solid infrastructure make it a strong contender in the altcoin space. As Solana continues to push toward new highs, such fundamental data reinforces optimism about its future price action. A confirmed surge above key resistance levels could begin a sustained upward trend for Solana, positioning it as one of the top performers in the market. Investors are watching closely to see if the current price movement can translate into a longer-term rally.

Key Levels To Watch

Solana is currently trading at $155 after a volatile session yesterday. The price successfully retested and now holds above the 200-day moving average (MA) at $151, signaling strong support for the asset. This level has been a key indicator for traders, and maintaining it is crucial for sustaining the current bullish momentum. For bulls to keep the momentum going, SOL must stay above this 200-day MA and break through the $160 level. Such a move would likely confirm a bullish trend and propel Solana to test its yearly highs around $210. This would mark a significant upward move, reflecting optimism in the market and increasing confidence among traders and investors. However, the bullish momentum could weaken if the price fails to close above $160 and holds above the 200-day MA. In this case, a retracement is likely, with the price potentially dropping to lower demand levels around $140. This correction would serve as a consolidation phase before any further upward moves. Traders are closely watching these key levels as they will dictate Solana’s next major move in the market.

Featured image from Dall-E, chart from TradingView

카지노사이트 빅토리카지노；바카라사이트；카지노사이트킴

Sebastian Villafuerte — Mon, 14 Oct 2024 21:30:30 +0000

Solana (SOL) is trading above $150 after days of uncertainty and testing critical demand levels. The altcoin has surged 13% since last Thursday, showing signs of strength amid market volatility. Now, Solana is just 5% away from the $160 key resistance, a crucial level it hasn’t surpassed since early August. This resistance marks a pivotal point for SOL, as breaking above it could trigger a significant bullish move. Top analyst and investor Carl Runefelt has shared a technical analysis suggesting that Solana is forming a bullish pattern. According to his analysis, if SOL breaks above this pattern, it could lead to a massive surge and potentially reach new all-time highs. As traders closely monitor this resistance level, the next few days will be crucial for determining Solana’s future price action.

Investors are eager to see if SOL can break through and spark a broader rally or if it will face rejection and enter a consolidation phase. With momentum building, Solana’s price movements are at the center of attention in the crypto market.

Solana Analyst Predicts New ATH Soon

Solana is approaching the critical $160 resistance level after a 4% surge in the past few hours. Analysts and investors are paying close attention as the entire crypto market rebounds from local lows, and Solana is now poised to follow this trend. The cryptocurrency has gained 13% since last Thursday and is 5% away from breaking the key $160 resistance, a level it hasn’t surpassed since early August. The market’s growing optimism is reflected across social media platforms, where speculation about Solana’s future price action is mounting.

Prominent crypto investor and analyst Carl Runefelt recently shared his technical analysis of Solana on X. In his analysis, Runefelt highlights that Solana is forming a bullish pattern, which could signal a massive breakout if the price breaks above the $160 resistance.

According to Runefelt, Solana’s surge to new all-time highs would be substantial once it breaks the upper boundary of this bullish triangle pattern. The $160 zone has proven to be a key resistance level, pushing Solana’s price thrice since early August. As Solana moves closer to this critical level again, many investors are optimistic that the price will break through this time, leading to significant upside momentum. However, a failure to breach this resistance could result in consolidation, with traders looking for stronger confirmation of the next big move. The coming days will be crucial for Solana, as the market eagerly awaits confirmation of a breakout or further consolidation. If bulls break above the $160 resistance, it could pave the way for Solana to target new highs, driving renewed interest and momentum in the price of the altcoin.

SOL Supply Zone About To Break

Solana (SOL) is trading at $153 after a modest surge above the daily 200 moving average (MA) at $151. This upward movement marks a significant moment for SOL, as being above this crucial indicator is seen as a positive sign for potential future gains. If the price can maintain its position above the 1D 200 MA, it could pave the way for a direct push toward the key $160 resistance level. A successful close above $160 would open the door to a challenge of yearly highs around $210, enticing traders and investors looking for momentum in the altcoin. However, if Solana fails to maintain its position above the daily 200 MA, investors anticipate a retracement to lower demand levels around $140. Staying above the 1D 200 MA will be crucial in determining the short-term direction for SOL. Investors are closely monitoring these levels, as they could signal either a continuation of the bullish momentum or a potential reversal, leading to increased volatility in the coming days.

Featured image from Dall-E, chart from TradingView

안전한 토토사이트 차무식 보증업체 먹튀검증 토토먹튀블러드

Sebastian Villafuerte — Sat, 12 Oct 2024 09:00:11 +0000

Solana is currently trading above the $140 mark, showing signs of strength as it prepares for a potential move to higher levels. After a modest 5% pump on Friday, investors and analysts are increasingly optimistic about the direction Solana could take in the coming months. One prominent analyst, Carl Runefelt, has shared a technical analysis predicting a 20% surge for SOL in the next few weeks, citing bullish patterns and favorable market conditions. His analysis suggests that Solana could reach $176 by the end of the year if current momentum holds. However, Solana still faces key resistance levels that could challenge its upward trajectory. Despite the recent surge, some market participants are cautious, given the overall volatility in the crypto space. If Solana manages to maintain its current support and break through resistance, the next few months could be pivotal for the asset’s long-term price action.

Can SOL capitalize on its recent gains and reach new highs, or will it struggle to maintain momentum in the face of market headwinds? Investors are eager to see how this plays out as we approach the end of the year.

Solana Testing Supply Levels

Solana has been trading within a range of $210 to $110 since mid-March, leading to mixed opinions among investors. While some see this price action as a consolidation phase, others believe it could signal an upcoming breakout. Notably, top analyst and entrepreneur Carl Runefelt recently shared a technical analysis on X, revealing a bullish triangle pattern forming for SOL.

According to Runefelt’s analysis, if Solana breaks out of this triangle pattern, it could experience a sharp upward movement, potentially reaching $176 in the coming weeks. This would represent a significant surge from its current trading levels and a key milestone for SOL. The price has struggled to break through the $160 resistance level since early August, but Runefelt suggests that a breakout from the triangle could push the price well beyond this resistance. A successful break above these critical levels would mean a 20% surge for Solana, with bullish momentum potentially driving it even higher. Investors are closely watching these movements, as a breakout could signal the end of Solana’s extended sideways trading and mark the start of a new upward trend. If SOL can maintain support and continue this rally, it may soon test new highs and solidify its position as one of the top-performing altcoins.

SOL Technical Analysis: Zones To Watch

Solana (SOL) is currently trading at $145, following a 7% surge from local lows at $135. The price has managed to rise above the daily 200 exponential moving average (EMA) at $140, a key indicator of short-term trend strength. However, SOL is still 4% away from the crucial 200 moving average (MA) at $152, which represents a stronger, longer-term trend signal. A breakout above both the EMA and MA levels is essential for bulls to fully regain control and reclaim the trend. Surpassing these indicators could pave the way for a move to the $160 supply zone, where sellers are expected to be more active. This would signal a continuation of bullish momentum, with potential for further gains. On the other hand, if the price fails to hold above the $140 mark, this recent surge could be short-lived, and a deeper correction might follow. A break below this level could drive SOL down to $110, which is a significant demand zone that buyers may defend. Traders are keeping a close eye on these levels as the next few days will determine SOL’s s`hort-term direction.

Featured image from Dall-E, chart from TradingView

베트남 카지노 추천；바카라 게임- 온라인 카지노 사이트

Sebastian Villafuerte — Thu, 10 Oct 2024 18:00:55 +0000

Solana (SOL) is currently trading at the lower end of a monthly range that began in March, positioning the asset at a pivotal level that will dictate its price action in the coming months. As the broader crypto market faces uncertainty, analysts and investors closely monitor whether this range represents an accumulation phase that could precede a significant rally. Top analyst and investor Mister Crypto recently shared a technical analysis comparing Solana’s current price structure to its 2021 performance, highlighting similarities that suggest a potential bullish breakout. His analysis reflects optimism amid market anxiety, with many believing Solana may be on the verge of another strong upward movement.

While caution remains, investors await confirmation that Solana’s recent range-bound trading is laying the foundation for a sustained rally. The outcome in the next few weeks could significantly impact Solana’s trajectory for the rest of the year.

Solana Price Action: Accumulation Or Bull Trap?

Solana (SOL) has been trading within a range of $210 to $110 since mid-March, and while some investors are starting to believe this could be a bull trap rather than accumulation, others remain cautiously optimistic. A growing sentiment suggests that Solana’s prolonged sideways movement may not lead to the much-anticipated breakout but could lead to further declines. Despite these concerns, prominent analyst Mister Crypto provides a more bullish perspective.

In his latest analysis, Mister Crypto compares the current market sentiment around Solana to that of 2021, just before the asset soared to new all-time highs. He highlights the similarities in market fear and uncertainty that preceded Solana’s previous explosive rally.

According to him, such fear-driven consolidation is often a signal of bullish patterns taking shape, with the potential for substantial gains once the market recovers. Mister Crypto refrains from setting a specific price target but suggests that Solana’s next major move could surpass its all-time high of $260. While the current mood remains cautious, his analysis provides hope that Solana may be preparing for another significant upward move, as historical patterns have shown similar price behavior before major surges. The coming weeks will likely be decisive for Solana as traders and investors wait to see if it will break out of its range or continue to face downside pressure.

SOL Key Levels To Watch

Solana (SOL) is currently trading at $138, following a 9% retrace from its daily 200 moving average (MA) at $152. This drop marks a significant loss of momentum, as the price also fell below the daily 200 exponential moving average (EMA) at $140—a crucial support level. Losing the 200 EMA raises concerns for further downside potential in the coming weeks. For bulls to regain control, the price must reclaim the 200 MA and EMA, and push above the critical resistance level at $160. A surge above this threshold would indicate renewed bullish momentum and the potential for Solana to rally higher. However, if SOL fails to recover these key indicators, it could signal a deeper correction. If the price continues to decline, traders may see SOL head toward lower demand zones around $110, a level that has acted as strong support in previous months. Investors and analysts are watching closely to see if Solana can hold its current levels or face more downside pressure in the near future. The next few days will be pivotal for SOL’s price action and overall market direction.

Featured image from Dall-E, chart from TradingView

에볼루션 드래곤 타이거(용호) 길라잡이；온라인바카라

Sebastian Villafuerte — Sun, 06 Oct 2024 07:00:11 +0000

Solana is testing a crucial level after weeks of volatile price action and market uncertainty. Following the Federal Reserve’s interest rate cut announcement, Solana surged 26% but quickly retraced 17%, reflecting the ongoing turbulence in the broader crypto market. This rollercoaster price movement has left many investors on edge as they wait for the next clear signal. Amidst this uncertainty, top analysts are closely monitoring Solana’s next move, with one in particular pointing to the $160 mark as the decisive level that could determine its direction. A breakout above this level could reignite bullish momentum, while failure to do so may lead to further downside pressure. The coming days will be critical for Solana as investors assess the market’s trajectory and brace for potential volatility. With SOL standing at a pivotal point, both bulls and bears are watching closely to see whether the price can break through key resistance or succumb to further correction.

Solana Testing Liquidity Below $160

Solana has experienced significant ups and downs over the past couple of weeks, leaving investors uncertain after the latest dip. Many were anticipating further gains before the retrace, which has now sparked caution in the market. With Solana trading in this volatile environment, the focus has shifted to key technical levels that could determine the next big move.

Top crypto analyst Daan has shared his insights on X, noting that Solana has formed three nearly equal highs around the $160 level. He also highlights that SOL is consistently making higher lows, a sign of potential bullish momentum building up.

According to Daan, this gradual upward drift suggests that Solana could eventually break through the $160 resistance level, which would be a pivotal moment for the cryptocurrency. The reaction at $160 will be crucial. If Solana manages to break above this level, it could signal a push to new highs and reignite bullish sentiment in the market. However, if the price fails to maintain momentum, Solana might remain range-bound between $120 and $160, continuing its sideways movement. Investors are closely watching these levels as Solana’s next direction could define its performance for the rest of the year.

Price Action: Supply Levels To Break

Solana (SOL) is currently trading at $143 after experiencing a few days of choppy price action. The market has been volatile, and SOL is now testing the critical 4-hour 200 exponential moving average (EMA) at $144.55. This level serves as a key resistance point, and a breakout above it could signal a bullish continuation for Solana. If SOL manages to break and hold above the 4-hour 200 EMA, the next target for bulls would likely be the $160 level. A move above $160 could reignite positive sentiment, potentially setting the stage for further gains. However, if SOL fails to break above the $144.55 resistance, a retrace to lower demand zones is expected. In the event of rejection at the 4-hour 200 EMA, Solana could dip to the $127 support level, where traders and investors will closely monitor for signs of strength or further downside risk. The price action over the next few days will be crucial in determining whether SOL can resume its bullish trajectory or if a deeper retracement is on the horizon.

Featured image from Dall-E, chart from TradingView

ABS카지노 【보증업체】 가입코드 이벤트 쿠폰；온라인바카라

Sebastian Villafuerte — Wed, 02 Oct 2024 17:30:39 +0000

Solana (SOL) is currently trading near a critical support zone at $145, following a 26% surge since the Federal Reserve announced interest rate cuts on September 18. After this sharp rise, SOL experienced a slight 10% dip, but the overall market sentiment remains optimistic. Many analysts and investors hope Solana will reach new all-time highs by the end of the year, driven by positive macroeconomic trends and the growing confidence in the crypto market. Key data from Coinglass reveals a rising funding rate, which indicates increasing bullish sentiment among traders. This suggests that the recent price correction might only be a temporary pause before another leg higher. Investors are closely monitoring SOL’s price action, with expectations that a sustained break above $150 could pave the way for a new rally toward uncharted territory. All eyes are now on Solana as it navigates this crucial support level, with both short-term traders and long-term holders anticipating a positive outlook in the coming weeks.

Solana Is Preparing For A Rally

Solana (SOL) is currently holding firm above a crucial support level following a small dip that affected the entire market yesterday. Despite this minor setback, the sentiment among investors and traders remains overwhelmingly positive. Many expect SOL to rally and surpass multi-month highs, given the recent strength in its price action.

Key data from Coinglass highlights that Solana’s funding rate has been on an upward trend since mid-September. Yesterday, it reached 0.0127%, the highest level since late July. A rising funding rate is typically a bullish indicator, signaling growing demand for a token.

The funding rate is a mechanism used in perpetual futures contracts, where it can be either positive or negative. It adjusts based on the price difference between the perpetual contract and the spot price, along with interest rates. When the funding rate is positive, buyers (longs) are paying sellers (shorts), which encourages futures and spot prices to converge. This rising funding rate for SOL suggests that more traders are betting on the token’s future appreciation, expecting higher prices in the coming weeks. With Solana maintaining its current support and displaying strong market fundamentals, the potential for a significant rally remains high. Investors are now watching closely to see if Solana can break through its next resistance levels and confirm the start of a new bullish phase.

SOL Testing Demand

Solana (SOL) is currently trading at $145, holding strong above the daily 200 exponential moving average (EMA) at a critical support level of $140. This key area has proven to be a solid foundation for the price, and if bulls want to ignite an upward rally, they must defend this support zone. For momentum to shift decisively upward, SOL needs to break past the daily 200 moving average (MA), which sits at $154. A close above the 200 MA would likely trigger a bullish rally, potentially pushing the price toward higher targets. However, failure to maintain this key support and close above these levels could result in extended sideways consolidation or, worse, a deeper correction. In such a scenario, the next demand zone would be around $110, a significant support level that could attract buyers if the market enters a bearish phase. For now, the $140 support level remains the line in the sand for Solana’s price action. Traders are closely monitoring whether SOL can break through key resistance levels and continue its ascent, or if a potential correction is on the horizon.

Featured image from Dall-E, chart from TradingView

판다카지노 보증업체 보증금 4000만원 온카패스

Rubmar Garcia — Sat, 28 Sep 2024 09:30:24 +0000

Solana (SOL) broke above a key resistance level on Friday, fueling the bullish sentiment that reignited over a week ago. As a result, some analysts think the fifth-largest cryptocurrency by market capitalization could be about to see a massive bull run as “Uptober�?approaches.

Solana Retests $160 Resistance

Solana’s rally started last week following the market surge driven by the US Federal Reserve’s rate cuts. The jump pushed the cryptocurrency’s price above the $140 resistance level, successfully turning it into support.

SOL had failed to break above this key level throughout the past month, consolidating between the $130-$139 price range. This performance alarmed many investors and market watchers, who considered the cryptocurrency was in danger of facing a massive correction. Since the bullish catalyst, Solana has seen a 23% surge, breaking above the $150 barrier this week. Some analysts asserted that reclaiming this mark would propel the price toward the next key resistance level.

On Friday, Solana broke above the crucial resistance level for the first time in a month, hitting $160 for the first time since late August. As of this writing, SOL reached a daily high of $160.68, momentarily holding the above the key level.

This performance was seemingly fueled by the �?a href="//x.com/ki_young_ju/status/1839628265230909690" target="_blank" rel="noopener nofollow">bullish vibes�?surrounding the early release from prison of Binance’s founder Changpeng Zhao (CZ). The expectation of his release further inspired a bullish market sentiment among investors, driving SOL’s 4% jump in an hour and Bitcoin’s price to $66,000.

Is SOL Price About To “Go Insane”?

Analyst Crypto Horn Harris noted Solana’s price action on the weekly chart, claiming it “looks nothing short of insane right now.�?He underscored that SOL�?retested the Relative Strength Index (RSI) “properly�?while doing a “perfect reset�?of the 50-day Moving Average (MA).

To the analyst, this performance hints that the cryptocurrency will challenge the cycle’s high above $200 and move to higher targets soon. WiseAnalyze claimed that SOL’s price “is still very low,�?suggesting that investors still can “jump on that trend.�?/p>

The trader set his target for the cycle’s final breakout at $400, “but it might grow higher.�?However, he didn’t rule out the possibility of another rejection, with a pullback to the $108-$120 support zones.

Similarly, Matthew Dixon also forecasted a retrace for Solana. The analyst believes a pullback is due, as multiple indicators suggest the correction. However, the “jury is out on the scope of the decline.�?/p>

Dixon stated that SOL’s price targets will depend on whether “the price action from the low is in the form ABC Or 123.�?But “either way, the retrace is likely.�?/p>

Crypto analyst Byzantine General considers SOL’s chart to look “pretty crazy.�?The trader highlighted that Solana appears to be printing an Adam and Eve (A&E) double-bottom pattern, with the confirmation line around the $160 price range.

Based on this, Solana’s price “could go really nuts,�?as it has the potential for a breakout toward the $200 resistance level if it successfully reclaims the key support level.

카지노사이트 제왕카지노；바카라사이트；카지노사이트킴

Sebastian Villafuerte — Wed, 25 Sep 2024 17:30:57 +0000

Solana (SOL) is now trading at a critical juncture following last week’s market surge. The token has climbed over 20% from its recent local lows, now testing a crucial supply level around $150. This resistance zone has drawn the attention of analysts and investors, with many believing Solana is on the verge of a rally to higher price levels. Among those who are bullish on SOL is prominent analyst Carl Runefelt, who recently shared a detailed analysis, predicting that Solana could reach new highs within days if the current momentum continues.

As the broader market continues to gain strength, investors are eagerly awaiting Solana’s next move. A successful breakout above $150 could signal a confirmed uptrend, paving the way for a potential rally. However, the coming days will be pivotal for SOL as it approaches this key level, with the market closely watching whether it will reclaim higher ground or face renewed resistance.

Solana Bullish Pattern About To Break

Solana (SOL) is currently testing crucial supply levels that could pave the way for a significant rally to higher prices. After days of consolidation, the altcoin looks ready to break out and confirm a daily uptrend. Many analysts and investors are closely watching for the next move. This potential shift comes as the entire crypto market has turned from fear to optimism, spurred by the Federal Reserve’s recent decision to cut interest rates, which has breathed new life into the market.

Analyst Carl Runefelt, one of the prominent voices in the crypto space, has shared his technical analysis on X, revealing that Solana has formed a symmetrical pattern. According to Runefelt, if SOL breaks out of this pattern, it could trigger a substantial upward move, with price targets around $160.

The symmetrical triangle, a key technical formation, typically signals a strong price movement after a prolonged period of consolidation.

As Solana hovers near this critical level, the market eagerly awaits confirmation of a breakout. Investors expect a move above $150, confirming the uptrend and likely leading to higher price levels in the coming weeks. For now, all eyes remain on Solana’s ability to break through this resistance and potentially rally to new heights.

SOL Technical Analysis: Price Levels To Watch

Solana (SOL) is currently trading at $150 after testing the daily 200 moving average (MA) at $154 as resistance. This key technical level has kept the price in check, and SOL is now entering a consolidation phase. Investors are optimistic, and rising demand could soon trigger a breakout from this consolidation. To keep momentum, SOL must reclaim the 1D 200 MA and target new highs beyond $164. This price has worked as a crucial resistance; if broken, it would confirm the continuation of a daily uptrend. A successful breakout at this level could push SOL toward even higher prices, potentially setting the stage for a run to challenge its all-time highs. However, failure to break above the daily 200 MA could signal a shift in sentiment. In this case, SOL could retrace to key support levels, with potential targets around $140 or even lower. This would indicate a short-term correction before another attempt at reclaiming higher price levels. Investors are closely watching SOL’s next moves to determine the coin’s near-term direction.

Featured image from Dall-E, chart from TradingView