SOL Long at $21.05I am long at $21.05 Stop: $20.50 looking for wave v to complete above previous high and +$26 good luckLongby peterbhcUpdated 2232
Anticipating for sol to break $32 resistance CRYPTOCAP:SOL retest $12 support buyers liquidity came in and took out sellers since then buyers have been liquidating the market once buyers are able to break $32 resistance chances are that the bull run has started stepping into this project Longby NinoFx106
Bearish Reversal FormingA Descending Triangle is forming on SOL on the one hour view. If the trend breaks the support of the triangle, there will be a bearish move downward. FYFEO For your financial entertainment only.Shortby TheCoinCowboyUpdated 110
Will Bull Cycle Continue For Solana With $28 Breakout?Remarkable Jump: SOL price has surged by 15% within the last 48 hours, fueled by a bullish altcoin market. Bitcoin's Influence: The rise in Bitcoin above $26K has positively impacted the altcoin market, including Solana. Rounding Bottom Pattern: SOL price action teases a potential rounding bottom breakout with a neckline at $28. Resistance Breakout: SOL has successfully broken the $25 resistance, marking the beginning of a potential rally. Current Price: SOL is trading at $26.94, with an intraday growth of 8%. Bullish Engulfing Candle: A bullish engulfing candle has formed, indicating strong bullish momentum. Technical Indicators - EMA: A sharp increase in SOL's market value is causing the 50-day EMA to tease a golden crossover. Technical Indicators - RSI: The RSI line has re-entered the overbought zone, indicating strong bullish sentiment. Positive Scenario: A breakout rally crossing the $28 mark could potentially reach $38-$40. Negative Scenario: A reversal from the $28 mark could lead to a retest of the $25 resistance. Market Sentiment: Overall market sentiment is bullish, supporting the Solana price prediction. Uptober Spirit: With the market gaining momentum, the "Uptober" spirit could boost SOL even higher.Longby Coinpedia-Market-Insight2
SOLUSD Strongest rally in 3 months and can hit $32Solana crossed over its 24.735 High of October and as this has been generated on a 1D MA200 rebound, it is extending the strongest bullish sequence since July. Backed up by a very bullish 1D technical outlook (RSI = 69.534, MACD = 0.859, ADX = 19.300) and a 1D MACD Bullish Cross, we are going long again now and target the R1 level (TP = 32.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope21
SOL Inverse Head & Shoulder Inverse Head & Shoulder for Solana. I belive Solana may be bottomed. Time is ticking before the breakout. Longby impepe5
SOL/USDElliott Wave in play. Im very bearish as I also see "M" forming. Would like to see it down to 19.50 demand area before a sweet pump. Thoughts?Shortby awsg875667
Solana Partners with Dubai Free ZoneThe FTX Estate appears bullish on Solana as it has reportedly staked about 5.5 million Solana (SOL), worth $122 million.Longby DEXWireNews2
Will SOL Price Cross $30?Sharp Price Jump: SOL price action shows a significant leap, reaching the $25 resistance zone. Golden Crossover: The sudden price boost increases the chances of a golden crossover in the EMAs. Breakout Potential: A move above $25 could trigger a rally towards the $30 mark. Blackrock ETF: Rumors and subsequent clarification from Blackrock have fueled SOL's price. Altseason: With Bitcoin's recovery, a new altcoin season seems imminent, benefiting SOL. Resistance at $25: This price level is a crucial barrier, with long wick formations indicating strong supply. Technical Reversal: A 9.25% overnight growth shows buyers reclaiming momentum. Technical Indicators: MACD is ready for a bullish crossover, and EMAs signal bullishness. Bears in Play: Despite bullish signs, bears are holding their ground, delaying the breakout. Current Price: SOL is trading at $24.19, with an intraday growth of 0.96%. Optimistic Scenario: If SOL breaks $25, a rally to $30 is highly likely. Pessimistic Scenario: A reversal from $25 could lead to a retest of the $22 mark.by Coinpedia-Market-Insight2
SOLANA: Either 22 or 27 Solana is probably going to either 22 or 27 soon. I personally lean towards 22, as there is too much greed in the system after the BTC fake news yesterday. A drop would surprize the mosts and liquidate a lot of late longs, like the market loves to do. Shortby RF_Trading112
SOLANA to break above $25?SOL closed above $22.60 with bullish price action. once clear $25, will see more upside to $27-29 zone. DYODDLongby EL_STOCKTROOPER7
SOLUSD - Weekly Gaussian Channel Curving AroundPrice has entered this Gaussian Channel indicator on the weekly timeframe This allows for an easier support to be found once it completes turns around and goes green Allows for the next step essentially. by Bixley3
Solana SOLUSDT Analysis: On the MoveThe BINANCE:SOLUSDT pair currently finds itself ensnared within a firm downtrend channel, signaling a potential pullback from the channel's resistance line. However, the market remains on a precipice; a breakout from this confining channel could herald a significant upward move. At its current price at $21.9, the asset stands at a crucial juncture. In the event of an upward surge, key resistance levels to watch out for include $22.0, $24.0, and $26.0. Conversely, if the price maintains its downtrend momentum, anticipated support levels lie around $21.0 - $20.5 or perhaps slightly lower. Monitor the price closely, exhibiting patience and vigilance. Any breakout or breakdown from the current channel could yield noteworthy trading opportunities. Stay tuned for further updates. 📈💹 by Vestinda446
Buyers Kick Back, Solana Eyes $30? Price Retest: SOL price retests the $22 mark after bouncing from the 50-day EMA. Golden Crossover: The proximity of the 50-day and 200-day EMA hints at a potential golden crossover. Price Target: A bullish rally could push Solana to cross the $30 mark. Market Sentiment: The overall sentiment is bullish, especially with a 0.92% intraday growth. Current Price: SOL is trading at $22.05. Channel Breakout: The daily chart shows a channel breakout, hinting at a potential uptrend to $30. Resistance at $25: The uptrend could face resistance at $25, possibly forming a double top reversal. RSI Status: The RSI line remains above the halfway line, indicating remaining bullish momentum. Optimistic Scenario: A golden crossover could trigger a bullish chain reaction. Pessimistic Scenario: A downtrend below key EMAs could push the price to retest at $19.45. Uptober Rally: The possibility of a high-spirited Uptober rally increases. Altseason Outlook: The ongoing uptrend supports a bullish journey above $30 in the upcoming altseason.by Coinpedia-Market-Insight5
Is Solana Gearing Up for a Bullish Rally? Pullback Phase: SOL price pulls back to $22 after facing rejection at $25. Retest Zone: The pullback retests the broken zone at $22, increasing chances of a bullish reversal. Golden Crossover: Proximity of 50-day and 200-day EMA signals a potential golden crossover. Current Price: SOL is trading at $22.15, with a 0.14% intraday growth. Morning Stop Pattern: Two doji candles hint at the formation of a morning stop pattern. RSI Indicator: RSI sustains above the halfway line, indicating bullish momentum. Falling Channel: SOL broke out of a falling channel pattern that started at $30. Sharp Moves: A 10% jump within the channel led to a 35% increment till 1st October. Altseason Outlook: Solana price prediction is bullish for the upcoming altseason. Support and Resistance: Sideways trend between $22 support and $25 resistance. Uptrend Continuation: Sustaining above 200-day EMA could lead to $28 and potentially $30. Bearish Scenario: A downtrend below crucial EMAs could retest SOL at $19.45. Longby Coinpedia-Market-Insight2
Millions Of Compressed NFTs Are Minted Weekly On Solana: It’s notable that a cost-saving feature has generated so much use on Solana. The blockchain already has cheap fees relative to Ethereum — even in a low-demand environment, a simple token transfer on Ethereum costs $0.63 while Solana transactions generally cost fractions of a cent.Longby DEXWireNews448
SOLUSD This pull back will last for some time.Solana / SOLUSD is pulling back significantly today despite being on a bullish leg for the past 30 days. The long term pattern is a Channel Up and September's Low could be the first out of two before the price goes for a Higher High, much like the one that started after the June 10th Low. The 1day RSI patterns of January-April and so far July-now are very similar. Buy low and sell high inside the dotted Channel Down until the 1day RSI gets oversold under 30.00. That will be the buy entry of the new bullish leg. Target 37.000 (top of Channel Up). Follow us, like the idea and leave a comment below!!by TheCryptagon118
Solana and the next climb...Solana and the next climb... Solana prepares for the next move. Market conditions are more likely to rise. The next move up to the price of around $29... In the previous analysis, Solana moved as predicted... by Farid-110115
The Ultimate Cheat Sheet for Solana. The is just my option. I think the tops for Crypto are going to be around March 2025. by Eddie3466222
$SOLUSD $25.50This coin has very big short pumps and then oscillates 1%-2% daily. We could easily see $25 or even $26 in the next 48 hours and then if it holds that level we could see $30 by next week. I will try to exit on one of these highs and then buy back some SOL when it comes back to reality. This is not financial advice and I have 627 solana (skin in the game haha) good luck to fellow traders going forward.by TradeTheory3
SOLANA Bullish-Bearish-Bullish Analysis(200% move)I see a 5-3-5 zigzag pattern. We have almost completed the midsection - awaiting one final move up to complete the second wave. Trade Idea: - Watch for bullish reversal patterns on lower timeframe - Safe entry on break of red trendline (Watch For Break -WFB) on the chart. - SL below price once red trendline breaks - Buy Targets: 32.5, 50, 60, 100 Then I see the pair coming for a bearish reversal after successfully retesting the supply area and then producing strong bearish reversals on the lower timeframe. Trade Idea: - Watch for bearish reversal patterns on lower timeframe - SL above the supply zone after successful fakeout. - Sell targets: 6.10, 4.50, 3.50, 1.55 Longby puzzledperson2806Updated 4417
Healthy consolidation needed After the recent explosive rally, a period of healthy consolidation is essential. The designated green box appears to be an ideal zone for this purpose. It's reasonable to anticipate the price fluctuating within this range for a while before potentially making another upward surge. Shortby RF_Trading6
Powerful for developers. Fast for everyone.Bring blockchain to the people. Solana supports experiences for power users, new consumers, and everyone in between. There are no bad questions about... blockchain basics Welcome to No Bad Questions, a series that helps answer some basic questions about blockchain, crypto, and web3. For the last several years, you’ve probably heard quite a bit about the blockchain… but it’s very easy to get lost. It can sound a lot like people are speaking another language! If you’re here, welcome — you’re taking the first step towards learning. This guide will help you learn some of the basic blockchain concepts so you can start participating in the future of the internet. What exactly IS the blockchain? At its core, the blockchain is a ledger — a series of records and data points, like a spreadsheet or old accounting book. Unlike spreadsheets or old books, though, the blockchain is decentralized — instead of it being stored in one place, it’s stored across different computers across a network and around the world. Essentially, there’s no single book that can be easily lost or updated. Instead, the data is verified by checking the blocks (or bundles of transactions) across different validator nodes. There are a few different blockchain protocols that people can use, such as Solana, Bitcoin, and many, many others. People can use blockchain technology as a way to store data, value, and — in the case of Solana and certain other protocols, run programs. How does that relate to cryptocurrency? Well, let’s start with some definitions first. Cryptography is the art of keeping things secure. You’ve probably encountered this before, through encrypted data and passwords. Cryptocurrency, then, is a type of currency that is based on cryptography. Rather than the ledger being centralized, transactions are decentralized — there’s no single authority validating everything — and as secure as other encrypted data. The translation? It’s a very safe way of storing data and value with no choke points or central points of failure and which is very difficult to manipulate. So what exactly is a coin? What is a token? What’s the difference between coins and tokens? All blockchain protocols have coins that represent value and can be traded. On Solana, this coin is called SOL. Tokens, meanwhile, are built by individual projects on top of a base blockchain protocol. All blockchain projects are “tokenized,” and the Solana protocol is open for anyone to build their own tokens on top of it. Tokens are used to actually do stuff on the blockchain through trading, including executing “smart contracts.” Okay, wait. What is a smart contract? A smart contract is a contract that is written into the code of a blockchain and executed automatically when terms are met. It’s something that Solana and certain other protocols can do, but some other blockchains — most notably Bitcoin — cannot. Think of a regular contract like a housing lease agreement. You pay rent; in exchange, you have a place to live. If you no longer have a place to live, you no longer pay rent; if you don’t pay rent, you’ll be kicked out. In a regular contract, the execution depends on the humans. A tenant fulfills their obligations of the lease and monitors that a landlord fulfills theirs, and vice versa. With a smart contract, however, that execution is hardcoded in software, and software determines when conditions are met. That allows people to build some really cool functionality and dApps. DApps? What are dApps? A dApp is a decentralized application, or app that uses smart contracts. Any crypto program — like a marketplace, blockchain game, or tool used for DAO governance — is a dApp. DApps are the tools you use to do things on the blockchain, whether that’s buying some art, voting in your decentralized organization, paying without intermediaries, or participating in decentralized finance. And what is web3? Web3 is the next iteration of the internet. Each iteration of the internet has been based on specific ideas: If web 1.0 was static websites and hyperlinking (like AOL or GeoCities) and web2 was social media (like Twitter, Facebook, and so on), web3 is built around the idea of decentralization. Instead of an internet controlled by a handful of powerful, large platforms, web3 is built around the idea of a diffuse internet that anyone can support and control. Think of it as a return to early internet values — web3 is an era that removes gatekeepers and centralized “news feed” silliness. It’s a world that can be built on the blockchain, using smart contracts. Oooookay, so I think I’m starting to get this. So what exactly is the advantage of all this decentralization? When the network isn’t controlled by a single entity, that means… People who traditionally haven’t had access to banking have the ability to participate in the financial system. You can pay for your favorite coffee without any fees or intermediaries. Networks can’t be compromised or shut down due to one large controlling entity, like a nation state or powerful platform. Users themselves can easily have a stake or buy into the platforms they are using, voting on the future of a video game metaverse. And much more. That’s the really exciting part of all this. It’s all extremely early in the web3 revolution, and you can watch it all happen and be a part of it — because web3 is all about community and participation. All these use cases are being built right now by developers around the world and you can help out by joining in. Why Solana? This is the cool part — Solana is engineered for widespread, mainstream use by being energy efficient, lightning fast, and extremely inexpensive. Many of the core Solana builders, like co-founder Anatoly Yakavenko, have a background in building cell phone networks. That means that they are singularly focused on building for scalability (the ability to grow) and efficiency (the ability to get the most information across with the least amount of resources). They believe that in order for people to build the projects that will get the public using blockchain technology, you need to make it as easy and painless as possible for people to experiment and use the technology as possible. Some of the current leading blockchain technologies use energy-hogging, time-consuming mining — or solving very complex calculations — to validate security, and have fees that can range into the hundreds of dollars per transaction. Solana uses what’s called proof of stake to validate information — there’s no mining involved — and a special innovation called proof of history on top of that that allows it to validate even quicker. That makes it extremely efficient, using energy at the same scale as a few Google searches and significantly less energy than other regular household uses like running your refrigerator. Transaction fees, which are used to maintain blockchain networks and have ballooned elsewhere, are a fraction of a cent on Solana. All of that translates into projects and tools built on Solana that can be as frictionless and easy to use as the rest of the internet, for both developers and users. Want to learn more? Keep reading!Longby ITManager_US3