SOLANA has exploded from 150 to 200$ from Oct 20th until today!
The price is flirting with new all time highs (at 212) but 2the Major resistance level needs to be broken first and a correction could be happening next.
The cryptocurrency's price has climbed rapidly amid rising interest in decentralized finance applications and non-fungible tokens. With its...
As mentioned earlier, SOL has regained a solid bullish momentum as it snaps the $200 resistance, coming a little over 4% from its all-time high at $216. However, the cryptocurrency posted a minor correction near the $200 support over the past few hours but remains in close contact with our bullish arc. That said, we expect a retest and break above the $216 line in...
Sol will be one serious contender for bringing defi to the masses. No more $75 gas fees as with ETH. For the average person, everyday banking isn't possible with ETH, it's just too expensive and too slow.
SOL- the opposite. Fast, cheap and resilient. It will go beyond defi, to banking, NFTs, blockchain gaming, and as yet unknown uses.
Currrently around a <$60b...
GoNoGo Charts blend the most widely-used objective tools to simplify the analysis into a single, elegant display of the overall technical perspective in an easy-to-read color-coded data visualization.
In this daily bar chart ($SOL/USD) Solana shows a resurgence of momentum in the direction of the trend as price rallied back to former highs. The bright blue color...
Solana has almost 76% STACKED, So not alot is available on the market.To drop SOL hard? Only 13% SOL AVAILABLE ON THE MARKET. A lot of projects made and being made on SOL NETWORK. SO I THING SOL WILL TAKE 3 SPOT ON COINMARKETCAP. SO SUPPLY IS LOW, DEMEND IS HIGH.
NOT AN ADVICE.
JUST FOR MY RECORDS !!!!
In the short term, I will regret this post because I'm making this call way too early and it's beyond contrarian. In the long term, I'm confident that everything will work itself out. SOL is one of the smelliest coins in the entire cryptoverse. The price action, volume, coin distribution, centralization, and recent network shutdown all trigger my gag reflex. ...
A lot of altcoins broke through a symmetrical triangle they have formed. Solana is also one of them. I like big volume. Target is around previous all time high. If you want to enter it is wise to wait for the retest of the support line - if it's going to hapen.
SOL followed the impulsive path and is currently breaking the 180$ resistance area which is a good sign for a bullish continuation.
MACD daily is opening and so is the upper BB, if tonight close is above 180$, MACD and BB stay as they are now to me the door is open to go on 220$ resistance area.
Too risky to buy now but it will be possible to pay a pullback of...
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
(SOLUSD 1W Chart) - Mid-Long-Term Perspective
Over the 61.44-72.85 section: Expected to create a new wave.
First resistance section:...
FTX:SOLUSD broke the last top from 2021-10-03 at 178 to the upside. also the downtrend line was broke to above.
This is a good sign, intermediate correction is over and new highs are in sight.
After my EW analysis, I assume this could be the end of the 4th wave down, and mark the beginning of a wave 5 up. this would mean a potential price target at around 307 if...