$SOL If It Corrects Further, I'm Going All In

Even after a fabulous run for the past six months there are these bizarre talks of this giant doing a Luna. 🤦🏼‍♂️

Crazy!!

Moving ahead anything below $150 is like silver at this moment and anything below $140 is just pure gold 🪙 .

📊 Now, let's analyse some points.

🔸On the weekly chart after a continued uptrend, the price is respecting the ascending channel and currently moving within after a rejection at $180 which is a key resistance zone. Though I've marked $175 on the chart which is a sweet spot right now. The resistance is strong in this zone which we saw in the last couple of weeks.

🔸But the formation of a certain bearish candle raised a few eyebrows which seems ridiculous. The marked red candle is a "Shooting Star" also known as Inverted Hammer (when formed during a downtrend). Formation of this candle after an uptrend are signs of bumpy roads ahead and indicate weakness.

🔸But this won't prevail for much time as we witness that this candle formed after a reversal not at the exact top. Formation at the exact top is perfect time for bears and the fall is steep from that point. Solana already went through that rough phase with $120 getting tested twice after hitting a high of $210.

Going with the daily chart, this week kicks off on a positive note with Sol rising almost 1.75% today currently trading above $165. A fall from here will test $160 first, then $150 followed by $140 and to strengthen the support even further it'll test $130.

If this happens, I'm seeing a reversal from $150 or if it goes deeper then a reversal from the lower trendline as support which will be between $140-130.

That's It!!

We all know what happened with Luna and comparing that to get repeated with Sol is utter foolishness.

#SolanaStrong #altcoins #FIT21 #Megadrop #StartInvestingInCrypto

$SOL

Solana: Will SOL Reach $200 This Week Or Fall To $150?
The 2024 bullish phase was holistically dedicated to Solana and its stellar ecosystem in its entirety. SOL was able to breach new price milestones this season, due in large part to the meme coin surge that the ecosystem has encountered as of late. March was particularly lucrative for SOL as the token was able to finally breach its long-awaited $200 mark. However, the token since then has fallen back, slowing its pace to trade at a level of $160–$170.With mounting pressure to cross the $200 mark again, Solana is currently displaying a consolidation phase, bringing in qualms about its potential new ATH. Will it be possible for SOL to cross $200 this week? Here’s what the experts have to say. Per a recent TradingView report, Solana seems to be stuck in a prolonged consolidation phase, which is hindering SOL’s ascent to new price peaks. With the meme coin surge frenzy taking over, SOL’s price was quick to skyrocket to $200, where bulls entered the realm to assist the token in maintaining its price above $180. As the meme coin momentum subsided, SOL is now trading at level $165 for quite some time, displaying a consolidation streak to its price.“With the resurgence of meme coin mania, Solana also received significant momentum. The bulls used all their strength to keep the value above $180, but the growing bearish strength caused a notable pullback. As a result, the SOL price is consolidating strongly within a narrow range of $163 to $172.”
However, the experts at TradingView have dubbed the current SOL consolidation period a positive one. Per the analyst, SOL’s latest price consolidation phase can end up catapulting the token to new highs, provided it continues to bask and explore the bullish phase of the market.
#SolanaStrong #solanAnalysis #SolanaUSTD #Megadrop #StartInvestingInCrypto

Memecoin Hype on Solana Drives Pump.fun revenue above $30 Million

Pump.fun, a low-cost token creation platform on the Solana network, has seen a resurgence in recent weeks due to the renewed hype around memecoins. This revival has been fueled by various new projects, including celebrity-backed coins.

On May 30, Pump.fun recorded its highest revenue day, earning $1.48 million. This performance contributed to the platform's total revenue reaching $30 million, according to The Block's Data and Insights newsletter.

Revenue has been increasing as creators launch tens of thousands of memecoins daily, drawing attention to the ecosystem. One notable example is Caitlyn Jenner, who recently promoted a memecoin created on Pump.fun and later launched the token on Ethereum, using the proceeds to support Donald Trump's campaign.

Additionally, rapper Iggy Azalea capitalized on the memecoin hype by independently launching her $MOTHER token on the Solana network, in a move seemingly mocking a promoter attempting to launch an IGGY token.

The Block also speculated about another potential token launch by singer Katy Perry.

Amid these developments, the GME token, inspired by Gamestop, surged over 200% following a resurgence of interest from influencer Roaring Kitty.

In summary, with the recent increase in Pump.fun's revenue, the new wave of meme cryptocurrencies suggests that users are launching numerous tokens, hoping to create the next high-return memecoin. To date, Pump.fun has generated $31.8 million in revenue.

Pump.Fun is a way to find a token even before it reaches Radiyum and be a very early buyer. Or create a Token with just 2$.

How it works:

Each coin on pump is a fair-launch with no presale and no team allocation.

step 1: pick a coin that you likestep

2: buy the coin on the bonding curvestep

3: sell at any time to lock in your profits or losses

4: when enough people buy on the bonding curve it reaches a market cap of $69kstep

5: $12k of liquidity is then deposited in raydium and burned

#SolanaStrong #CryptoNews🚀🔥 $SOL

Meme Coins on Solana: Market Trends and Analysis 📈💥🚀

Several meme coins on the Solana ecosystem are gaining attention for their market performance and community engagement. Here are a few notable examples:

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1. #Dogwifhat (WIF) - With a market capitalization of $3.24 billion, WIF is currently the largest meme coin on Solana. Its current price is $3.25.

2. #BOOK of MEME (BOME) - Ranked second with a market value of $943 million, BOME has gained recognition for its unique storyline and community engagement. Its current price is $0.01367.

3. #Cat in a Dog's World (MEW) - With a market value of $434.8 million, MEW is a notable example of a cat-themed meme coin. Its current price is $0.004892.

4. #Popcat (POPCAT) - Another cat-themed meme coin, POPCAT has a market value of $383.4 million and a strong community behind it. Its current price is $0.3913.

These meme coins are attracting attention from crypto investors, and their market performance may indicate a trend in the Solana ecosystem. However, it's important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.

$BTC $ETH $BNB #SolanaStrong

### 💰 How I Made $18,000 Profit with Just Two Trades! 🚀
I turned $18,000 in profit with two strategic trades on $SOL and $DOGE! Here's the scoop:

In a bull market, meme coins like DOGE, SHIBA, and PEPE often pump first. Following this trend, altcoins like ETH and SOL can see significant gains. The key? Follow price action. Technical analysis is pointless if you don't understand price action.

Join our community, follow me, and let's make profits together!

**#altcoins #SolanaStrong #DOGEUSDT

Here is how i make 18,000$ profit with two Trade,
$SOL and $DOGE

while Bull market first memcoins pump like doge shibe pepe and etc, after that Alt coin can pump eth sol and etc.
Just follow price action, technical analysis useless when you don't know price action

Follow me and join our community and make profit with us
#altcoins #SolanaStrong #DOGEUSDT! #SOLUSDT!

Meme coin Dogwifhat ($WIF ) crashes 10%, sparking fears of a "catastrophe." Analysts warn of potential losses if it falls below $3.5. Traders see hope in a possible bounce back. WIF's largest holder has sold off 84% of their tokens, adding to the uncertainty.
#WIF #SolanaStrong #Dogwithhat #Altcoin

Rumors of CME Solana futures and ETFs are false. CME source confirms no plans for Solana futures, halting potential Solana ETF launch. Solana network seems functional despite negative rumors. Regulatory hurdles delay potential Solana ETF for years, requiring a regulated futures market and SEC clarity on Solana's classification.
#Sec #SolanaStrong #ETFs✅ #EarnFreeCrypto2024

Hourly Solana Range $SOL

163.5 to 167.2

Buy long or short positions in these ranges for the next few hours.

#SolanaStrong

If you appreciate this post then simply like.
Ask me any questions you have in comments.

LayerZero bridges the gap! Solana joins forces with LayerZero, connecting to #Ethereum , #Avalanche , #Polygon and more. This is just the beginning - over 60 chains planned soon. Imagine DeFi apps on Solana using Ethereum liquidity or NFT games where assets move freely across chains. LayerZero's "Mainnet Beta" with Solana lays the foundation for a more interconnected blockchain future.
#SolanaStrong #LayerZeroLabsNews

Davido Just Created a memcoins on Solana, That's why i am bullish on $SOL 1000$ coming soon 🔥🔥

#davido #memcoins #SolanaStrong #SOLUSDT!

$SOL buy the dip always serve very good in solana. from 170 dip untill now, been accumulating and still buying. will sell some when pass 170 again.

#BuytheDips #SolanaStrong

"Unlocking Opportunities: Top Altcoins for a $10,000 Portfolio"

Looking to diversify your cryptocurrency portfolio with promising altcoins? With a $10,000 portfolio, you have the chance to explore various digital assets that show potential for growth. Here are the top three altcoins that you might consider adding to your portfolio:

1. Solana $SOL

Diversify with $3,000 in Solana (SOL), currently priced at $168.3 per token. This gets you approximately 17.8 SOL tokens. Solana is a high-performance blockchain platform known for its fast transaction speeds and low fees. It aims to provide decentralized finance (DeFi) solutions and supports a wide range of decentralized applications (dApps).

2. Bitcoin Cash $BCH

Diversify with $3,000 to Bitcoin Cash (BCH), priced at $468.2 per token. This yields approximately 6.4 BCH tokens. Bitcoin Cash is a peer-to-peer electronic cash system that aims to enable fast, reliable, and low-cost transactions. It focuses on scalability and usability, making it suitable for everyday transactions and micro-payments.

3. Aave $AAVE

Diversify with $4,000 in Aave (AAVE), currently priced at $102.9 per token. This gives you approximately 38.9 AAVE tokens. Aave is a decentralized finance protocol that enables users to lend and borrow a wide range of cryptocurrencies securely. With the increasing popularity of DeFi platforms, AAVE could see significant growth as it continues to innovate in the space.

By focusing your portfolio on Solana, Bitcoin Cash, and Aave, you can potentially maximize growth opportunities while managing risk.

Disclaimer:
Research Yourself before investing, use only risk-worthy funds and take full responsibility for your decisions.

#SolanaUSTD #SolanaStrong #BitcoinCash #AaveProtocol #BCHtoTheMoon

Will Solana (SOL) Ignite a Comeback Rally? 🚀
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Around $160, Solana found support and is gently climbing, potentially gathering momentum if it breaks the $172 barrier. 📈

- SOL price fell and touched $160 vs the US Dollar. 💸
- The price is now over $165 and the 100-hourly SMA. 📊
- SOL/USD broke above a negative trend line with resistance at $164 on the hourly chart. 🕒
- If it stays over $165, the pair might break the $172 barrier. 💥

Solana Price May Rise 🌟

After forming a support base at $160, Solana's price began to rebound. SOL broke the $165 barrier while underperforming Bitcoin and Ethereum. SOL/USD broke above a negative trend line with resistance at $164 on the hourly chart. There was even a burst over $170, the 50% Fib retracement mark of the decline from the $181 swing high to the $160 low.

Solana's price is above $165 and the 100-hour SMA. Immediate resistance is near $170. The next significant resistance is near $171. A closing above $172 might trigger another significant rise. At $176, the 76.4% Fib retracement level of the decline from the $181 swing high to the $160 low, resistance is next. More advances might push the price toward $180. 🚀

Does SOL Support Dips? 🤔

SOL might fall again if it fails to break the $172 barrier. The downside has first support at $167. The price might test $160 below $165, the first significant support. If the price closes below $160, it may fall toward $150.

Tech Indicators 📉

- Hourly MACD - SOL/USD MACD is falling in the positive zone.
- Hourly RSI - RSI for SOL/USD is below 50.

Major Support Levels: $165, $160.
Key Resistance Levels: $170, $172, $180.

#altcoins #SolanaStrong $SOL #btc70k #EarnFreeCrypto2024 #FIT21

$SOL - I'm targetting the 200$ zone from the 160$ support! 🎯

If this baby gets the $200, I'll give $50 USDT to someone who shares and comments! 🎁🎁🎁🚀

➡️ Review the HTF ANALYSIS

Are you with me ?? 🐸🐸🐸

#SOL #altcoins #SolanaStrong #MantaRWA #BTC