_SOL Analysis: Strategic Retreat Before Upward Trajectory_$SOL

*Current Market Status:*

- Price: $170.38
- Fibonacci Retracement: 50% level ($169.92)
- RSI: 43.71 (oversold conditions)
- Moving Averages: 50-day MA ($174.21) and 100-day MA ($178.15) convergence

*Projection Calculations:*

1. Price Decrease: 5.7% decrease to $160.65 (short-term target)
2. Reversal Point: $160.65
3. Upward Momentum: 17.6% increase to $189.13 (target price)

*Key Levels and Targets:*

1. Support: $160.65
2. Resistance: $174.21
3. Target: $190 (by November 15th-17th)

*Investor's Takeaway:*

SOL's temporary dip to $160.65 presents a strategic buying opportunity, followed by a surge to $190, driven by SOL's strong technical foundation and market sentiment.

*Timeline:*

- November 10th-12th: SOL dips to $160.65
- November 13th-14th: Reversal and upward momentum begin
- November 15th-17th: SOL reaches $190

*Important Notes:*

1. Cryptocurrency markets are volatile.
2. This analysis is for informational purposes only, not investment advice.
3. Conduct thorough research and consider multiple sources before making investment decisions.

*Stay Informed:*

1. Monitor SOL's price movements.
2. Follow market news and analysis.
3. Adjust investment strategies accordingly.

Would you like more information on SOL or other cryptocurrency analyses?#solonapumping #Solana_Blockchain #SolanaUSTD

A crypto analyst has surprisingly predicted a drop in Solana's price despite the ongoing bullish momentum. His analysis suggests a significant decline for Solana, offering a new perspective on this cryptocurrency's development.
According to a cryptocurrency trader on TradingView known as AlanSantana, Solana's trading volume over the past two months indicates that the cryptocurrency may be heading towards a potential crash.
Analyst Predicts a Massive Crash for Solana
AlanSantana noted that Solana's trading volume between September and October 2024 has dropped significantly, which often signals a bearish outlook and may indicate an upcoming downward price impulse. This development suggests a decrease in demand for the cryptocurrency.
The analyst contrasts the current situation with last year’s trading activity, specifically from September to November 2023, when Solana's trading volume was increasing. This growth in trading volume at the time fueled an upward rally that peaked in the first quarter of 2024, with Solana reaching significant highs.
Based on the difference between the two time periods and the current decline in trading volume, the analyst suggests that Solana is more likely to head in a major bearish direction. He highlighted a potential drop in Solana's price below the $50 level, which would effectively erase the gains from the previous year and return the cryptocurrency to its November 2023 price range.

SOL Whales Remain Active
Solana is still partially in a bullish mode, despite the decline in trading volume noted by AlanSantana. According to data from on-chain monitoring firm Lookonchain, crypto whales increased their Solana trading activity over the past week.
In a post on platform X, Lookonchain cited three instances where Solana whale addresses withdrew SOL tokens from crypto exchanges and subsequently staked them. The largest transaction came from the address “AA21…VxH9,” which moved 153,511 SOL tokens worth approximately $26.4 million from Binance to stake them.
Another whale, identified as “EHax...gAUa,” withdrew 35,498 SOL tokens worth $6.12 million from Binance and Kraken over three days and then staked the tokens. Conversely, the whale address “EGzi…mR7g” purchased 13,000 SOL tokens worth $2.3 million from Binance, bringing their total to 95,651 SOL.
Interestingly, another smart whale address recently sold 26,726 SOL worth $3.86 million. Known for its low buys and high sells, this whale currently holds 42,729 SOL, valued at $7.61 million.

At the time of writing, Solana is trading at $178, an 8% increase over the past seven days. The accumulation and momentum are currently bullish, making a drop toward $40 seem unlikely at this moment.
#Solana_Blockchain , #SolanaCoin , #SOLPriceAnalysis , #Cryptocurrencies , #CryptoNews🚀🔥

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Coin: $SOL
Signal Type: Long
Pair: $SOL /USDT Perpetual
Current Price: 177.67 USDT (-1.73%)

Heads up, Solana enthusiasts! SOL is holding strong at a well-respected support level, setting the stage for a potential rally. According to Fibonacci retracement levels, SOL is stationed right at the “golden pocket,” suggesting strong upward momentum may be brewing. This prime positioning is an exciting setup for a possible pump—momentum is on our side!

📊 Chart Insights:

Chart 1: SOL maintains crucial support at Fibonacci’s golden pocket.

Chart 2: SOL has made its move, crossing the EMA ribbon and signaling bullish sentiment. This technical milestone hints that the momentum is shifting toward the bulls, and now could be the ideal moment to strategize.

Chart 3: SOL has broken past a critical resistance line, signaling a window for potential profit. However, always approach trades with caution and strategy. For expert guidance and in-depth insights, join my live stream on Binance—click my profile to join!

Additionally, the broader crypto market (TOTAL3) has formed an ascending triangle, often seen as a bullish formation. As TOTAL3 builds strength, the top altcoins, including SOL, may be gearing up for substantial gains.

Trade Parameters:

Entry: 179.24 USDT (Join my live stream for real-time premium insights)

Take Profits:

TP1: 181.50 USDT

TP2: 183.32 USDT

Stop Loss: 0.3479 USDT

Ready for more insights? For 2-3 free daily signals, tune into my live stream directly from my profile!
#Solana_Blockchain #USJobOpeningsDip #BinanceBlockchainWeek #EthereumPectraUpgrade #BTC67KRebound

🚨 Solana (SOL) Hits $180 – Could a Correction Be on the Horizon? 🚨
Solana's (SOL) price has broken through the $180 barrier for the first time since July, sparking excitement among investors who wonder if the altcoin is gearing up for an extended rally. With strong momentum and rising interest, many are setting their sights on $200. But, can SOL sustain this pace, or is a pullback imminent?
While the enthusiasm builds, technical indicators suggest caution. One key warning comes from the Chaikin Money Flow (CMF) indicator, which gauges buying versus selling pressure. A declining CMF amid rising prices signals weakening buying strength, while a rising CMF indicates solid support. A reading above 0.20 often signifies an overbought state, and Solana recently hit a CMF level of 0.28. This suggests a strong but possibly overheated buying phase, raising questions about whether SOL can truly make it to $200 without a cooling-off period.
The Money Flow Index (MFI) echoes similar concerns. With the MFI surpassing 80.00, SOL has entered overbought territory. Typically, a reading below 20.00 would suggest oversold conditions, but with the current high levels, a minor correction could be on the cards before Solana attempts another leg up.
On the daily chart, Solana has successfully retested the $180 level following a breakout from an ascending triangle formation, a bullish signal that indicates strong upward momentum. However, traders should be wary as SOL approaches a supply zone near $185, which previously triggered a 30% retracement. Given the historical resistance at this level, SOL may face challenges in advancing without first undergoing some consolidation.
#USJobOpeningsDip #Solana_Blockchain #USJoblessClaimsDip

The meme coin market is heating up, with a new challenger emerging to dethrone Solana's reigning champion, Dogwifhat. Buckle up, because this is a battle of the dogs (and cats)!

Solana's Meme Coin Powerhouse: Dogwifhat
Dogwifhat (WIF) has been a dominant force in the Solana meme coin scene, boasting a staggering 1300% growth in just a year. This dog-themed darling has captured the hearts (and wallets) of many investors. But will its reign continue?

Ethereum's Contender: Cutoshi Enters the Ring
While Dogwifhat has enjoyed its time in the spotlight, Ethereum's Cutoshi (CUTO) is making a powerful entrance. Cutoshi boasts a unique multi-chain DEX, allowing seamless asset swapping without intermediaries. Additionally, their educational platform empowers users with DeFi knowledge.

Why Cutoshi Might Steal the Show
1.Robust Ecosystem: Cutoshi offers a comprehensive suite of tools and features, including a DEX, educational platform, and farming protocol. This utility-driven approach could attract a wider user base.
2.Community Building: Cutoshi's strong community focus, with features like token rewards for learning and engagement, could foster loyalty and drive demand.
3.Early Traction: The project has already garnered significant attention, with a successful presale and a recent listing on CoinMarketCap.

Solana's Potential for a Comeback
1.Technical Analysis: Analysts predict a potential rally for Solana (SOL), which could spill over to Dogwifhat due to its association with the blockchain.
2.Bullish Sentiment: Dogwifhat's trading volume is booming, and technical indicators suggest a potential upward trend.
3.Strong Community: Dogwifhat has a loyal fanbase that could propel it forward despite the competition.

The Verdict: A Battle for Meme Coin Supremacy
While Dogwifhat has established itself, Cutoshi's strong utility and community focus pose a significant threat. With both meme coins backed by bullish sentiments and potential growth, this battle is far from over. Only time will tell which meme coin reigns supreme.

Here's what you can do:
1.Research both projects: Dive deeper into Cutoshi's ecosystem and Dogwifhat's technical analysis before making any investment decisions.
2.Stay informed: Keep a close eye on the development of both projects and the overall meme coin market.
**What's your take on the Solana vs. Ethereum meme coin battle? Share your insights in the comments below.**
#Cutoshi
#Solana_Blockchain
#wifhatdog
#ETH🔥🔥🔥🔥
$WIF