SOL Price Prediction: Solana Surges 15%, Is This Just Start Of A Larger Incre...
Solana is surging above the $23.50 resistance against the US Dollar. SOL price could accelerate further higher if it clears the $25.00 resistance zone. SOL price is up over 15% and it is showing signs of bullish continuation against the US Dollar. The price is now trading below $23.00 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $23.10 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could rise further higher if it clears the $25 resistance zone. Solana Price Starts Fresh Rally In the past few days,....
Related News
Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets look set to move past January’s red wave.
Biggest gainers
Cryptocurrency markets were mostly bullish during Tuesday’s session, with several projects seeing their value rise to start the new month.
One of these was solana (SOL), which, as of writing is up 14.04%, hitting an intraday high of $108.32 in the process.
This move comes as SOL/USD broke out of its resistance level of $100 for the first time since....
The prediction market is a big business worldwide and is known as the earliest form of entertainment. It dates back to at least the 1500s, when people were speculating on the papal successor. In the United States, the earliest recorded instance of the prediction market is from 1884, when political predictions took place on Wall […]
Global investment bank JPMorgan has doubled down on its bitcoin price prediction of $146K. The bank’s analyst explained that the price of the cryptocurrency could reach that level if its volatility subsides and institutional investors start investing in bitcoin more than gold in their portfolios.
JPMorgan Renews $146K Bitcoin Price Prediction
JPMorgan released an inaugural report of its new publication last week focusing on the outlook for alternative investments, including digital assets. A new report is expected to be released every two to three months.
The....
Solana is one of the fastest growing cryptocurrency platforms thanks to its high speed and low costs. Launched in 2020, its native SOL token has seen massive appreciation. Here we analyze Solana’s price outlook for the future using technical analysis to provide an evidence-based Solana price prediction guide. What is Solana (SOL)? Solana is a highly scalable decentralized blockchain created by Anatoly Yakovenko in 2017. It uses a unique proof-of-history consensus mechanism to achieve high transaction speeds and low fees while maintaining security. The native cryptocurrency of the....
Solana was back in the red on Thursday, as the token fell towards a three-month low in today’s session. The decline comes as cryptocurrency markets fell lower, trading down by as much as 2.39% as of writing. Litecoin was a notable exception, climbing for a second successive session.
Solana (SOL)
Solana (SOL) was down by over 5% during Thursday’s session, as prices moved closer to a multi-month low.
Following a high of $32.38 on Wednesday, SOL/USD slipped to a low of $30.51 earlier in the day.
This decline pushes SOL closer to its floor at....