{"id":564424,"date":"2023-12-07T19:00:13","date_gmt":"2023-12-07T19:00:13","guid":{"rendered":"https:\/\/wncen.com\/?p=564424"},"modified":"2023-12-07T16:31:13","modified_gmt":"2023-12-07T16:31:13","slug":"solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/","title":{"rendered":"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight"},"content":{"rendered":"

Since October 2023, Solana (SOL), often called the<\/span> Ethereum killer<\/span><\/a>, has seen significant network and price action growth.\u00a0<\/span><\/p>\n

However, everything points out that the<\/span> most notable growth<\/span><\/a> in recent months has been in SOL’s price, which has surged over 368% year-to-date, taking the token from a low of $7.95 in 2022 to a now staggering $64.20, with an annual high of $68.<\/span><\/p>\n

But are these numbers reflective of fundamental growth, or are there discrepancies between price action and network progress?\u00a0<\/span><\/p>\n

Growth In Network And Price Action Fuel Optimism<\/span><\/h2>\n

According <\/span><\/a>to Ally Zach, a research analyst at Messari, SOL has experienced significant growth since its December 2022 lows. The price of SOL has increased by over six times, while active addresses and Total Value Locked (TVL) have doubled.\u00a0<\/span><\/p>\n

Initially positioned as a decentralized finance (DeFi) hub, Solana has diversified over time, introducing new infrastructure and tools, such as compressed non-fungible tokens (NFTs), which have led to the <\/span>emergence <\/span><\/a>of new consumer applications on the platform.<\/span><\/p>\n

According to Zach\u2019s latest report, throughout most of 2023, consumer apps served as the primary entry point for first-time users on Solana. However, early November’s \u201cbreakpoint event\u201d reignited Solana’s DeFi sector.\u00a0<\/span><\/p>\n

Related Reading: Can Bitcoin Spot ETFs Attract Enough Capital? Experts On What Will Lead To ATH<\/a><\/div>\n

A series of airdrop announcements for major projects in the ecosystem, particularly the airdrop by JupiterExchange, propelled the DeFi sector to the forefront. These airdrops, coupled with new token launches, have boosted market caps and decentralized exchange (DEX) TVL, attracting users through the trading potential of these tokens.<\/span><\/p>\n

Notably, Solana’s new DEX users exhibit different behavioral patterns compared to airdrop farmers on other networks. Instead of high-frequency, low-volume transactions involving stablecoins, these users actively trade small and mid-cap tokens and spend<\/span>\u00a0more per swap.\u00a0<\/span><\/p>\n

This suggests a more sustained and engaged user base, moving away from transient farming practices. DEXs play a crucial role in the decentralized finance ecosystem, deriving strength from the diversity and robustness of the surrounding apps and tokens.<\/span><\/p>\n

Ally Zach’s analysis suggests that Solana’s newest user base, including newcomers and veterans, is shifting away from typical airdrop farming behaviors.\u00a0<\/span><\/p>\n

This shift indicates the potential for these users to become long-term contributors, strengthening the sustainability of the Solana ecosystem.<\/span><\/p>\n

Potential Solana Rally To $90 On The Horizon<\/span><\/h2>\n

In addition to the potential long-term growth of the Solana network, the price of SOL is not far behind. Prominent crypto analyst Ali Martinez has <\/span>identified <\/span><\/a>an intriguing price pattern for SOL that indicates the potential for further gains soon.\u00a0<\/span><\/p>\n

Martinez highlights an ascending triangle formation on the 12-hour chart of SOL, suggesting a continuation pattern that typically precedes upward price movements.<\/span><\/p>\n

\"Solana\"
SOL’s ascending triangle formation. Source: Ali Martinez on X.<\/a><\/figcaption><\/figure>\n

The ascending triangle formation implies that SOL’s price has been consolidating within a tightening range, with higher lows and a resistance level of around $68.2. If SOL manages to sustain a close above this critical level, it could trigger a <\/span>bullish breakout<\/span><\/a>, potentially propelling the price toward the $90 mark.<\/span><\/p>\n

Related Reading: Binance CEO Disputes JPMorgan Chief\u2019s Critique Of Crypto<\/a><\/div>\n

However, Martinez advises caution and emphasizes the importance of monitoring the $60 support level. Any signs of weakness or a breach of this level may trigger a spike in profit-taking by traders, potentially leading to a temporary price decline. In such a scenario, SOL could experience a dip, potentially reaching as low as $47.<\/span><\/p>\n

\"Solana\"
SOL’s sustained price uptrend since October 2023 on the daily chart. Source: SOLUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image from Shutterstock, chart from TradingView.com\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Since October 2023, Solana (SOL), often called the Ethereum killer, has seen significant network and price action growth.\u00a0 However, everything points out that the most notable growth in recent months has been in SOL’s price, which has surged over 368% year-to-date, taking the token from a low of $7.95 in 2022 to a now staggering $64.20, with an annual high of $68. But are these numbers reflective of fundamental growth, or are there discrepancies between price action and network progress?\u00a0 Growth In Network And Price Action Fuel Optimism According to Ally Zach, a research analyst at Messari, SOL has experienced significant growth since its December 2022 lows. The price of SOL has increased by over six times, while active addresses and Total Value Locked (TVL) have doubled.\u00a0 Initially positioned as a decentralized finance (DeFi) hub, Solana has diversified over time, introducing new infrastructure and tools, such as compressed non-fungible tokens (NFTs), which have led to the emergence of new consumer applications on the platform. According to Zach\u2019s latest report, throughout most of 2023, consumer apps served as the primary entry point for first-time users on Solana. However, early November’s \u201cbreakpoint event\u201d reignited Solana’s DeFi sector.\u00a0 Related Reading: Can Bitcoin Spot ETFs Attract Enough Capital? Experts On What Will Lead To ATH A series of airdrop announcements for major projects in the ecosystem, particularly the airdrop by JupiterExchange, propelled the DeFi sector to the forefront. These airdrops, coupled with new token launches, have boosted market caps and decentralized exchange (DEX) TVL, attracting users through the trading potential of these tokens. Notably, Solana’s new DEX users exhibit different behavioral patterns compared to airdrop farmers on other networks. Instead of high-frequency, low-volume transactions involving stablecoins, these users actively trade small and mid-cap tokens and spend\u00a0more per swap.\u00a0 This suggests a more sustained and engaged user base, moving away from transient farming practices. DEXs play a crucial role in the decentralized finance ecosystem, deriving strength from the diversity and robustness of the surrounding apps and tokens. Ally Zach’s analysis suggests that Solana’s newest user base, including newcomers and veterans, is shifting away from typical airdrop farming behaviors.\u00a0 This shift indicates the potential for these users to become long-term contributors, strengthening the sustainability of the Solana ecosystem. Potential Solana Rally To $90 On The Horizon In addition to the potential long-term growth of the Solana network, the price of SOL is not far behind. Prominent crypto analyst Ali Martinez has identified an intriguing price pattern for SOL that indicates the potential for further gains soon.\u00a0 Martinez highlights an ascending triangle formation on the 12-hour chart of SOL, suggesting a continuation pattern that typically precedes upward price movements. The ascending triangle formation implies that SOL’s price has been consolidating within a tightening range, with higher lows and a resistance level of around $68.2. If SOL manages to sustain a close above this critical level, it could trigger a bullish breakout, potentially propelling the price toward the $90 mark. Related Reading: Binance CEO Disputes JPMorgan Chief\u2019s Critique Of Crypto However, Martinez advises caution and emphasizes the importance of monitoring the $60 support level. Any signs of weakness or a breach of this level may trigger a spike in profit-taking by traders, potentially leading to a temporary price decline. In such a scenario, SOL could experience a dip, potentially reaching as low as $47. Featured image from Shutterstock, chart from TradingView.com\u00a0<\/p>\n","protected":false},"author":589,"featured_media":554449,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[84543],"tags":[6664,1558,89406,86420,87045,89779,89766,83626,86515,90077,84595,86813,87683,88093,89083,89405,87875,86989],"class_list":["post-564424","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-crypto","tag-cryptocurrency","tag-sol-news","tag-sol-price","tag-sol-price-analysis","tag-sol-price-chart","tag-sol-price-performance","tag-solana","tag-solana-sol","tag-solana-100","tag-solana-blockchain","tag-solana-defi","tag-solana-ecosystem","tag-solana-labs","tag-solana-network","tag-solana-news","tag-solana-nft","tag-solana-nfts"],"acf":[],"yoast_head":"\nSolana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight<\/title>\n<meta name=\"description\" content=\"Since October 2023, Solana, often referred to as the Ethereum killer, has seen significant growth in terms of both network and price action.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight\" \/>\n<meta property=\"og:description\" content=\"Since October 2023, Solana, often referred to as the Ethereum killer, has seen significant growth in terms of both network and price action.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-07T19:00:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-07T16:31:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260\" \/>\n\t<meta property=\"og:image:width\" content=\"390\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight\",\"datePublished\":\"2023-12-07T19:00:13+00:00\",\"dateModified\":\"2023-12-07T16:31:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/\"},\"wordCount\":610,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260\",\"keywords\":[\"crypto\",\"cryptocurrency\",\"SOL news\",\"SOL Price\",\"SOL price analysis\",\"SOL Price chart\",\"SOL price performance\",\"Solana\",\"Solana ( SOL)\",\"Solana $100\",\"Solana blockchain\",\"Solana DeFi\",\"Solana Ecosystem\",\"solana labs\",\"Solana network\",\"Solana news\",\"Solana NFT\",\"Solana NFTs\"],\"articleSection\":[\"Solana\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/\",\"url\":\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/\",\"name\":\"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260\",\"datePublished\":\"2023-12-07T19:00:13+00:00\",\"dateModified\":\"2023-12-07T16:31:13+00:00\",\"description\":\"Since October 2023, Solana, often referred to as the Ethereum killer, has seen significant growth in terms of both network and price action.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260\",\"width\":390,\"height\":260,\"caption\":\"Solana\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/wncen.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight","description":"Since October 2023, Solana, often referred to as the Ethereum killer, has seen significant growth in terms of both network and price action.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/","og_locale":"en_US","og_type":"article","og_title":"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight","og_description":"Since October 2023, Solana, often referred to as the Ethereum killer, has seen significant growth in terms of both network and price action.","og_url":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-12-07T19:00:13+00:00","article_modified_time":"2023-12-07T16:31:13+00:00","og_image":[{"width":390,"height":260,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight","datePublished":"2023-12-07T19:00:13+00:00","dateModified":"2023-12-07T16:31:13+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/"},"wordCount":610,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260","keywords":["crypto","cryptocurrency","SOL news","SOL Price","SOL price analysis","SOL Price chart","SOL price performance","Solana","Solana ( SOL)","Solana $100","Solana blockchain","Solana DeFi","Solana Ecosystem","solana labs","Solana network","Solana news","Solana NFT","Solana NFTs"],"articleSection":["Solana"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/","url":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/","name":"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260","datePublished":"2023-12-07T19:00:13+00:00","dateModified":"2023-12-07T16:31:13+00:00","description":"Since October 2023, Solana, often referred to as the Ethereum killer, has seen significant growth in terms of both network and price action.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260","width":390,"height":260,"caption":"Solana"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/wncen.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight","url":"http:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/solana\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260"},"articleSection":"Solana","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto","cryptocurrency","sol news","sol price","sol price analysis","sol price chart","sol price performance","solana","solana ( sol)","solana $100","solana blockchain","solana defi","solana ecosystem","solana labs","solana network","solana news","solana nft","solana nfts"],"dateCreated":"2023-12-07T19:00:13Z","datePublished":"2023-12-07T19:00:13Z","dateModified":"2023-12-07T19:00:13Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Solana Ascending Triangle Formation Anticipates Price Surge, $90 Target In Sight\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana\\\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana\\\/solana-ascending-triangle-formation-anticipates-price-surge-90-target-in-sight\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/shutterstock_download-11.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/shutterstock_download-11.jpg?fit=390%2C260\"},\"articleSection\":\"Solana\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto\",\"cryptocurrency\",\"sol news\",\"sol price\",\"sol price analysis\",\"sol price chart\",\"sol price performance\",\"solana\",\"solana ( sol)\",\"solana $100\",\"solana blockchain\",\"solana defi\",\"solana ecosystem\",\"solana labs\",\"solana network\",\"solana news\",\"solana nft\",\"solana nfts\"],\"dateCreated\":\"2023-12-07T19:00:13Z\",\"datePublished\":\"2023-12-07T19:00:13Z\",\"dateModified\":\"2023-12-07T19:00:13Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/shutterstock_download-11.jpg?fit=390%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/564424"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=564424"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/564424\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/554449"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=564424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=564424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=564424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}