CryptoOutlook2024
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SOLANA ( SOL ) Long Term Outlook: Promising Grown Ahead
Solana's long-term chart shows a promising structure, indicating potential growth to $400-$1,100 in this cycle. However, a Wave 4 correction is forming, with crucial support levels between $159-$189.
Key Levels:
- Support: $159-$189
- Resistance: $380-$490 (Fibonacci levels)
- Short-term targets: $400-$1,100
- Long-term potential: $4,000+
Insights:
- Maintaining support above $159-$189 is crucial for bullish momentum.
- Overcoming $380-$490 resistance could trigger a significant rally.
- Future cycles may see exponential growth beyond $4,000.
While short-term risks exist, Solana's long-term prospects look promising. Keep an eye on key levels for potential buying opportunities.
#Solana #SOL #CryptoOutlook2024 $SOL #memecoin #DeSciRising
Key Levels:
- Support: $159-$189
- Resistance: $380-$490 (Fibonacci levels)
- Short-term targets: $400-$1,100
- Long-term potential: $4,000+
Insights:
- Maintaining support above $159-$189 is crucial for bullish momentum.
- Overcoming $380-$490 resistance could trigger a significant rally.
- Future cycles may see exponential growth beyond $4,000.
While short-term risks exist, Solana's long-term prospects look promising. Keep an eye on key levels for potential buying opportunities.
#Solana #SOL #CryptoOutlook2024 $SOL #memecoin #DeSciRising
NIRMALPRADHAN:
what will be the value of SOL end of 24?
**Breaking News:** 📊 Executives from Kraken, Avalanche, Concordium, VeChain, and Anchorage Digital share their 2024 market outlook:
1) Kraken UK: Expects the UK to become a global cryptocurrency hub with clear regulations, boosting institutional trading.
2) Ava Labs CEO: Predicts the rise of stablecoin products and a 50% increase in BTC market cap with Bitcoin spot ETF approval.
3) Concordium Co-founder: Cautiously observes predictions about halving, ETF approval, and a new bull market.
4) VeChain CEO: Highlights the significance of BTC spot ETF approval and market regulation, calling it a historic milestone.
5) Anchorage Digital Co-founder: Foresees an institutional-led bull market in 2024, with asset managers and hedge funds entering the crypto market. 📈🚀 #CryptoOutlook2024
1) Kraken UK: Expects the UK to become a global cryptocurrency hub with clear regulations, boosting institutional trading.
2) Ava Labs CEO: Predicts the rise of stablecoin products and a 50% increase in BTC market cap with Bitcoin spot ETF approval.
3) Concordium Co-founder: Cautiously observes predictions about halving, ETF approval, and a new bull market.
4) VeChain CEO: Highlights the significance of BTC spot ETF approval and market regulation, calling it a historic milestone.
5) Anchorage Digital Co-founder: Foresees an institutional-led bull market in 2024, with asset managers and hedge funds entering the crypto market. 📈🚀 #CryptoOutlook2024