Solana, I found sol bullish in crypto of 2024.
It is using a network timestamp system called Proof-of- History ("POH)
It 💎 is only other chain that's building a valid ecosystem outside of EVM.
As after the past bull run it got down to 17$ in 2023 and gradually it showed a consistent growth and now it is placed with the price of $188.Right now Sol volume is placed at 3rd position after BTC and ETH.
My team analysis Sol as an trustable coin.Traders are finding high terms of utility in Sol.Sol' behaviour can't be compared with other memes.
With every rise there is a fall, In crypto when a certain coin reaches its all-time-high,investors sell it to get suitable profits that makes a certain volume free to buy again and set price little dump but for trusted coins it is a buying dip most desirable moment,to say it as dump is inevitable unless it's dump started according to market pattern.
In the case of bullish Solana ,patterns are little different,Let's have a look
At the time of writing sol'price is 188$ and already have touched $189
Fear and Greed index is 81%.
We predicted it to be $192.
At around $90 in the starting of Jan 2024.
Sol cost almost no gas fees as compare to ETH but doing the same even little faster.
Sol is bullish in 2024 but regarding to past bull run it is still bearish as last time it touches around $250.
I concluded Sol as bullish for this bull run who entered in just around $20 but for the past bull run who bought at ath spot, it will be bullish unless it would cross the last trend line.So hope for more bullish trend.
#Tip if someone finds it useful ,Tip, as it motivates to analyse more deep.
soon our team will arrange signals.
so stay with us.
