Solana Triggers Long Thesis After Pushing Above $125 – Start Of A Bigger Rally?
Solana is trading above the $125 mark after bulls stepped in with force, reclaiming critical technical levels and bringing some relief to a market that had been dominated by selling pressure. After weeks of steep declines and heightened volatility, Solana is finally showing signs of strength as buyers return and confidence starts to rebuild. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery? The bounce came at a crucial moment, as SOL was on the verge of breaking into lower demand zones following a sharp 47% drop since early March. The shift in....
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SOL price continues to climb, with Solana’s TVL also hitting a new high of nearly $14 billion. The price of Solana’s native SOL coin edged up on Oct. 25 in the wake of a marketwide rally led by Bitcoin (BTC), with the total value locked (TVL) on Solana hitting record highs and SOL’s price seeing a promising technical setup.Bitcoin triggers marketwide rallySOL climbed by more than 6% to hit an intraday high of around $214. The price of SOL is now up a little over 35% over the past week, pushing it closer to its record high of about $222 set in early September.Bitcoin’s run-up to its new....
Solana, like Bitcoin and Ethereum, has been on a strong uptrend since July, gaining more than 33% in that time. But its latest 16% rally in just three days is especially noteworthy, as it marks $SOL’s third recent attempt to break firmly above $200, after failing twice before (once in July, and again in August). […]
The Solana price has been on an incredible run in recent weeks, returning above $170 to close what has been a positive seven-day period for the market. Interestingly, the altcoin appears to be on the verge of an even bigger move, according to a popular crypto analyst on the X platform. SOL Price Could Rally […]
Even though Solana seems to have lost its recent upward momentum, leading to a notable pullback to the $136 price level, there is a possibility that the brief bullish move was just the beginning of a much bigger upsurge. In light of the pullback, many crypto analysts have predicted a potential price reversal for SOL […]
Solana (SOL) could be near the long-awaited price discovery phase after climbing to a seven-month high. However, an analyst suggested investors remain cautious, as the market rally is “closer to the end than the beginning.” Related Reading: Avalanche (AVAX) Hits 7-Month High After Key Resistance Breakout – Analysts Eyes $40 Next Solana Eyes Last Major Resistance On Friday, Solana reached a seven-month high of $241.84 after breaking out of its consolidation range earlier in the week. The cryptocurrency had been trading within the $120-$220 price range since the start of February, failing to....