LIVECrypto profx
@cryptoprofx
I trade and build my portfolio..why don't you join me
A seguir
Seguidores
Gostaram
Partilharam
I've been accumulating sol and sui for a while now and posted about it last month. I'm up almost 200% in profits and there's still room for more upside.
Now I'm watching rose and it looks like it has potential, I'm not buying yet. DYOR always and hodl long term, we are in the bull market guys
Now I'm watching rose and it looks like it has potential, I'm not buying yet. DYOR always and hodl long term, we are in the bull market guys
#buythebottom #buythedip we're still at the bottom
LIVE
CoinEdition
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Solana (SOL) Skyrockets to a 25-Month High; Is a Correction Looming?
Solana soars to $173.27, marking a 14% rise in 24 hours, hitting a 25-month high.
SOL sees a 51% increase in 30 days, with predictions pointing towards $250.
RSI hits 80.50, signaling potential overbuying amid its bullish surge.
Solana (SOL) price has surged by 14% in the last 24 hours, reaching $173.27 as bullish momentum continues to build in the cryptocurrency market. This impressive gain is part of a broader uptrend for SOL, which has seen its value increase significantly over the past month.
The cryptocurrency industry, buoyed by Bitcoin’s new all-time high, has been experiencing a substantial uptrend in valuation, with SOL showcasing robust bullish sentiment.
SOL/USD 24-hour price chart (source: CoinStats)
Bullish Sentiments in Solana’s Rally
The recent price surge places Solana at the forefront of a bullish wave sweeping across the crypto sector. Over the past seven days, the SOL token has registered approximately a 23% increase, while its 30-day performance shows an even more remarkable 51% uptick.
This sustained buying pressure is a clear indicator of the growing investor confidence in Solana’s potential. Concurrently, this bullish momentum has been buoyed by the announcement of an Israeli Shekel-backed stablecoin, BILS, which will launch using token extensions on Solana.
This uptrend has resulted in Solana recording a new 25-month high, signaling strong bullish sentiment within the market. Analysts and traders have expressed bullish predictions for SOL, with some forecasting a potential rally toward the $250 mark. This sentiment is based on the transformation of the March 2022 resistance level of around $140 into a strong support zone.
$SOL now based and fuel up for leg to $250. https://t.co/nIpcbScR4j pic.twitter.com/IP1CidZfyw
— Bob Loukas 🗽 (@BobLoukas) March 13, 2024
Furthermore, the SOL/ETH chart analysis indicates a promising scenario for Solana against Ethereum, with the potential for substantial outperformance. Christopher Inks, founder of TexasWest Capital, and macro expert Raoul Pal have both identified technical patterns suggesting a breakout and bullish momentum for SOL in comparison to ETH. These analyses contribute to the growing optimism surrounding Solana’s market position and potential for further appreciation.
SOL/USD Technical Analysis
On the SOLUSD 4-hour price chart, the Keltner Channel bands are rising, with the upper, middle, and lower bands at $167.90, $156.57, and $145.22, respectively. This suggests a strong upward trend in price movement, with probable resistance at the upper band and support in the middle band.
SOL/USD 4-hour price chart (source: TradingView)
However, following a sequence of green candlesticks, the price action has breached the upper band, indicating that the bullish trend may continue. However, because it is above the upper band, there is a chance of a retreat or consolidation before a further upward trend. This shift may provide a purchasing opportunity for traders trying to enter the market at a cheaper price point.
Furthermore, the Relative Strength Index (RSI) reading of 80.50 indicates that SOLUSD may be overbought in the immediate term, implying a market reversal or correction. As a result, traders should exercise caution and implement tight stop-loss orders to safeguard profits in the event of a reversal.
The post Solana (SOL) Skyrockets to a 25-Month High; Is a Correction Looming? appeared first on Coin Edition.
SOL sees a 51% increase in 30 days, with predictions pointing towards $250.
RSI hits 80.50, signaling potential overbuying amid its bullish surge.
Solana (SOL) price has surged by 14% in the last 24 hours, reaching $173.27 as bullish momentum continues to build in the cryptocurrency market. This impressive gain is part of a broader uptrend for SOL, which has seen its value increase significantly over the past month.
The cryptocurrency industry, buoyed by Bitcoin’s new all-time high, has been experiencing a substantial uptrend in valuation, with SOL showcasing robust bullish sentiment.
SOL/USD 24-hour price chart (source: CoinStats)
Bullish Sentiments in Solana’s Rally
The recent price surge places Solana at the forefront of a bullish wave sweeping across the crypto sector. Over the past seven days, the SOL token has registered approximately a 23% increase, while its 30-day performance shows an even more remarkable 51% uptick.
This sustained buying pressure is a clear indicator of the growing investor confidence in Solana’s potential. Concurrently, this bullish momentum has been buoyed by the announcement of an Israeli Shekel-backed stablecoin, BILS, which will launch using token extensions on Solana.
This uptrend has resulted in Solana recording a new 25-month high, signaling strong bullish sentiment within the market. Analysts and traders have expressed bullish predictions for SOL, with some forecasting a potential rally toward the $250 mark. This sentiment is based on the transformation of the March 2022 resistance level of around $140 into a strong support zone.
$SOL now based and fuel up for leg to $250. https://t.co/nIpcbScR4j pic.twitter.com/IP1CidZfyw
— Bob Loukas 🗽 (@BobLoukas) March 13, 2024
Furthermore, the SOL/ETH chart analysis indicates a promising scenario for Solana against Ethereum, with the potential for substantial outperformance. Christopher Inks, founder of TexasWest Capital, and macro expert Raoul Pal have both identified technical patterns suggesting a breakout and bullish momentum for SOL in comparison to ETH. These analyses contribute to the growing optimism surrounding Solana’s market position and potential for further appreciation.
SOL/USD Technical Analysis
On the SOLUSD 4-hour price chart, the Keltner Channel bands are rising, with the upper, middle, and lower bands at $167.90, $156.57, and $145.22, respectively. This suggests a strong upward trend in price movement, with probable resistance at the upper band and support in the middle band.
SOL/USD 4-hour price chart (source: TradingView)
However, following a sequence of green candlesticks, the price action has breached the upper band, indicating that the bullish trend may continue. However, because it is above the upper band, there is a chance of a retreat or consolidation before a further upward trend. This shift may provide a purchasing opportunity for traders trying to enter the market at a cheaper price point.
Furthermore, the Relative Strength Index (RSI) reading of 80.50 indicates that SOLUSD may be overbought in the immediate term, implying a market reversal or correction. As a result, traders should exercise caution and implement tight stop-loss orders to safeguard profits in the event of a reversal.
The post Solana (SOL) Skyrockets to a 25-Month High; Is a Correction Looming? appeared first on Coin Edition.
It's going to 460
$sol
$sol
LIVECoinEdition
--
Solana (SOL) Skyrockets to a 25-Month High; Is a Correction Looming?
Solana soars to $173.27, marking a 14% rise in 24 hours, hitting a 25-month high.
SOL sees a 51% increase in 30 days, with predictions pointing towards $250.
RSI hits 80.50, signaling potential overbuying amid its bullish surge.
Solana (SOL) price has surged by 14% in the last 24 hours, reaching $173.27 as bullish momentum continues to build in the cryptocurrency market. This impressive gain is part of a broader uptrend for SOL, which has seen its value increase significantly over the past month.
The cryptocurrency industry, buoyed by Bitcoin’s new all-time high, has been experiencing a substantial uptrend in valuation, with SOL showcasing robust bullish sentiment.
SOL/USD 24-hour price chart (source: CoinStats)
Bullish Sentiments in Solana’s Rally
The recent price surge places Solana at the forefront of a bullish wave sweeping across the crypto sector. Over the past seven days, the SOL token has registered approximately a 23% increase, while its 30-day performance shows an even more remarkable 51% uptick.
This sustained buying pressure is a clear indicator of the growing investor confidence in Solana’s potential. Concurrently, this bullish momentum has been buoyed by the announcement of an Israeli Shekel-backed stablecoin, BILS, which will launch using token extensions on Solana.
This uptrend has resulted in Solana recording a new 25-month high, signaling strong bullish sentiment within the market. Analysts and traders have expressed bullish predictions for SOL, with some forecasting a potential rally toward the $250 mark. This sentiment is based on the transformation of the March 2022 resistance level of around $140 into a strong support zone.
$SOL now based and fuel up for leg to $250. https://t.co/nIpcbScR4j pic.twitter.com/IP1CidZfyw
— Bob Loukas 🗽 (@BobLoukas) March 13, 2024
Furthermore, the SOL/ETH chart analysis indicates a promising scenario for Solana against Ethereum, with the potential for substantial outperformance. Christopher Inks, founder of TexasWest Capital, and macro expert Raoul Pal have both identified technical patterns suggesting a breakout and bullish momentum for SOL in comparison to ETH. These analyses contribute to the growing optimism surrounding Solana’s market position and potential for further appreciation.
SOL/USD Technical Analysis
On the SOLUSD 4-hour price chart, the Keltner Channel bands are rising, with the upper, middle, and lower bands at $167.90, $156.57, and $145.22, respectively. This suggests a strong upward trend in price movement, with probable resistance at the upper band and support in the middle band.
SOL/USD 4-hour price chart (source: TradingView)
However, following a sequence of green candlesticks, the price action has breached the upper band, indicating that the bullish trend may continue. However, because it is above the upper band, there is a chance of a retreat or consolidation before a further upward trend. This shift may provide a purchasing opportunity for traders trying to enter the market at a cheaper price point.
Furthermore, the Relative Strength Index (RSI) reading of 80.50 indicates that SOLUSD may be overbought in the immediate term, implying a market reversal or correction. As a result, traders should exercise caution and implement tight stop-loss orders to safeguard profits in the event of a reversal.
The post Solana (SOL) Skyrockets to a 25-Month High; Is a Correction Looming? appeared first on Coin Edition.
SOL sees a 51% increase in 30 days, with predictions pointing towards $250.
RSI hits 80.50, signaling potential overbuying amid its bullish surge.
Solana (SOL) price has surged by 14% in the last 24 hours, reaching $173.27 as bullish momentum continues to build in the cryptocurrency market. This impressive gain is part of a broader uptrend for SOL, which has seen its value increase significantly over the past month.
The cryptocurrency industry, buoyed by Bitcoin’s new all-time high, has been experiencing a substantial uptrend in valuation, with SOL showcasing robust bullish sentiment.
SOL/USD 24-hour price chart (source: CoinStats)
Bullish Sentiments in Solana’s Rally
The recent price surge places Solana at the forefront of a bullish wave sweeping across the crypto sector. Over the past seven days, the SOL token has registered approximately a 23% increase, while its 30-day performance shows an even more remarkable 51% uptick.
This sustained buying pressure is a clear indicator of the growing investor confidence in Solana’s potential. Concurrently, this bullish momentum has been buoyed by the announcement of an Israeli Shekel-backed stablecoin, BILS, which will launch using token extensions on Solana.
This uptrend has resulted in Solana recording a new 25-month high, signaling strong bullish sentiment within the market. Analysts and traders have expressed bullish predictions for SOL, with some forecasting a potential rally toward the $250 mark. This sentiment is based on the transformation of the March 2022 resistance level of around $140 into a strong support zone.
$SOL now based and fuel up for leg to $250. https://t.co/nIpcbScR4j pic.twitter.com/IP1CidZfyw
— Bob Loukas 🗽 (@BobLoukas) March 13, 2024
Furthermore, the SOL/ETH chart analysis indicates a promising scenario for Solana against Ethereum, with the potential for substantial outperformance. Christopher Inks, founder of TexasWest Capital, and macro expert Raoul Pal have both identified technical patterns suggesting a breakout and bullish momentum for SOL in comparison to ETH. These analyses contribute to the growing optimism surrounding Solana’s market position and potential for further appreciation.
SOL/USD Technical Analysis
On the SOLUSD 4-hour price chart, the Keltner Channel bands are rising, with the upper, middle, and lower bands at $167.90, $156.57, and $145.22, respectively. This suggests a strong upward trend in price movement, with probable resistance at the upper band and support in the middle band.
SOL/USD 4-hour price chart (source: TradingView)
However, following a sequence of green candlesticks, the price action has breached the upper band, indicating that the bullish trend may continue. However, because it is above the upper band, there is a chance of a retreat or consolidation before a further upward trend. This shift may provide a purchasing opportunity for traders trying to enter the market at a cheaper price point.
Furthermore, the Relative Strength Index (RSI) reading of 80.50 indicates that SOLUSD may be overbought in the immediate term, implying a market reversal or correction. As a result, traders should exercise caution and implement tight stop-loss orders to safeguard profits in the event of a reversal.
The post Solana (SOL) Skyrockets to a 25-Month High; Is a Correction Looming? appeared first on Coin Edition.
still pumping strong
LIVECrypto profx
--
Em Alta
I don't claim to be a guru but I do my research before posting about any coin.
This was what I posted about $SOL just two days a go and it's up over 15% and still has more upside potential.
Follow me to get my crypto insights. Till another time
#TrendingTopic #solana #DYOR🟢.
$SOL
This was what I posted about $SOL just two days a go and it's up over 15% and still has more upside potential.
Follow me to get my crypto insights. Till another time
#TrendingTopic #solana #DYOR🟢.
$SOL
I don't claim to be a guru but i ldon't post about a coin without doing my research. I posted this about $SOL just yesterday and it's up over 12% and according to my research it still has more upside potential.
it's time to secure partial profits if you bought.
Follow me to see my insights in the crypto market.
Till another time
it's time to secure partial profits if you bought.
Follow me to see my insights in the crypto market.
Till another time
This is the best time to buy $SOL it's currently in the accumulation zone and has potential for 20% gains by next week.
What do you think guys??
What do you think guys??
I keep seeing people talking about trends in some altcoins. BTC or maybe ETH has grown big enough that people tend to follow the market trends but we still see some spike in prices occasionally. My opinion on altcoins is always to follow the money, those whale movements and sudden increase in activities, those are what to watch out for.
Follow me to get my insights in the crypto market also be watching $SUI
Follow me to get my insights in the crypto market also be watching $SUI
Hola Everyone,
I'm glad to be joining this huge crypto family and can assure everyone that we can't lose if our community is as strong as it can be...so let's build a strong community!
I'm glad to be joining this huge crypto family and can assure everyone that we can't lose if our community is as strong as it can be...so let's build a strong community!