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SOL

SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SOL/USDT update from Crypto Sanders. Chart Analysis:- Solana (SOL) was one of the notable gainers in the market on Monday, as the token climbed above the 35.00 mark. Following a low of 32.29 on Sunday, SOL/USD rose to an intraday high of $35.17 to start the week. This is the highest level the cryptocurrency has hit since November 6 last year, when the price was trading above 37.00. Solana was one of the biggest tokens to fall following the FTX fraud scandal, however, the price has made steady gains since then. Today’s surge comes as the relative strength index (RSI) rallied above a ceiling of 74.00, and now sits at 77.33. SOL remains above 35.00 as of writing, however, bulls could begin taking profits in the coming days. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
Solana Skyrockets to $35 as VanEck Predicts Unprecedented GrowthSolana, the rising star of the blockchain ecosystem, has just hit a staggering milestone, soaring to an impressive $35! But that's not all - brace yourselves for even more excitement as VanEck, a leading investment management firm, projects unprecedented growth for Solana in the near future! This monumental achievement is a testament to the immense potential and resilience of Solana. With its lightning-fast transaction speeds and low fees, Solana has captured the attention of both retail and institutional investors alike. Now, with VanEck's bullish prediction, it's time to seize this opportunity and take your trading game to new heights! So, why should you consider long positions on Solana? Allow me to present you with a few compelling reasons: 1. Unparalleled Scalability: Solana's architecture is designed to handle thousands of transactions per second, making it one of the most scalable blockchain platforms available. This scalability ensures that Solana can support a wide range of decentralized applications and attract more users and developers to its ecosystem. 2. Growing Ecosystem: Solana's ecosystem is expanding rapidly, with an increasing number of projects and dApps being built on the platform. This growth is a clear indicator of the confidence developers have in Solana's capabilities and its potential to disrupt various industries. 3. Institutional Support: VanEck's projection of unprecedented growth for Solana adds significant weight to its potential as a long-term investment. Institutions like VanEck have a deep understanding of market dynamics and their endorsement can instill confidence in traders looking for profitable opportunities. Now, the big question is, how can you capitalize on this exciting development? It's simple - consider going long on Solana! By taking a long position, you can potentially benefit from the anticipated growth and capitalize on the upward momentum. Keep a close eye on the market trends, set your stop-loss orders wisely, and ride the Solana wave to potential profits! Remember, trading always carries risks, and it's essential to conduct thorough research and seek professional advice before making any investment decisions. However, with Solana's recent achievements and VanEck's positive outlook, the potential rewards appear to be worth the calculated risks. Don't let this opportunity pass you by - join the Solana revolution and embrace the potential for unprecedented growth! Keep a close watch on the market, stay informed, and make your move when the time is right.
COINBASE:SOLUSD
by bryandowningqln
2
Fomo Purchases and Late LiquiditySolana.. abrupt pullback at Key Level to gather liquidity? Jumping in front of a Freight train is no fun so it's particularly risky going countertrend the market when there is Momentum on the Higher timeframes. Understabding the risks involved is necessary when trading fakeouts. Fakeouts occur more often then not and that is because of lack of attention to detail, laziness, and ignorance may likely play a role. Short term targets are 30.19 and 29.07 daily levels
COINBASE:SOLUSDShort
by ShrewdCatfx
1
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SOL/USDT update from Crypto Sanders. Chart Analysis:- Solana (SOL) also rallied higher in today’s session, after climbing above the 33.00 level earlier in the day. SOL/USD climbed to a high of 33.69 on Wednesday, which comes a day after falling to a low of 29.70. Today’s surge in price pushed solana to its highest level since last November and comes after a breakout on the RSI. Price strength broke out of a ceiling at the 73.00 mark, with the index now tracking at a reading of 77.05. This is a marginal decline from a high of 82.00 earlier this week, which was also a key point of resistance. In order to move towards a possible target at 35.00, bulls will need to force a surge past the aforementioned 82.00 point. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
Solana Breaks Through $32 Resistance! $40 Next Target? I have some exhilarating news to share with you today that will surely put a smile on your face. Solana has just made a groundbreaking move by surging past the $32 resistance level, signaling a strong bullish trend for our favorite cryptocurrency. But that's not all! The momentum is building, and experts in the field are now eyeing the next target for Solana: $40! Yes, you heard it right. With the recent surge in value, Solana is on the verge of hitting this significant milestone, and the excitement is palpable. Why is this such a big deal, you may ask? Well, Solana's impressive performance is a testament to its growing recognition and adoption in the crypto space. Its lightning-fast transaction speeds, low fees, and robust ecosystem have captured the attention of investors and developers alike. As a result, Solana's value has been steadily climbing, making it one of the hottest cryptocurrencies to watch. Now, here comes the exciting part: I invite you to join the Solana revolution and seize this incredible opportunity. By going long on Solana, you can potentially reap the rewards of its upward trajectory. With the $40 target in sight, now is the perfect time to consider adding Solana to your investment portfolio. Here's a quick call-to-action for you: 1. Research: Dive deeper into Solana's technology, its partnerships, and the latest developments. Understanding the fundamentals will help you make informed decisions. 2. Strategize: Evaluate your investment goals and risk tolerance. Consider consulting with a financial advisor or doing your own analysis to determine the best approach for your unique situation. 3. Take Action: Once you have gathered all the necessary information, take the leap and start your journey with Solana. You can purchase Solana on popular cryptocurrency exchanges like Binance, Coinbase, or Kraken. Remember, investing in cryptocurrencies involves risks, but it also offers the potential for significant rewards. So, why not ride the wave of optimism surrounding Solana and potentially benefit from its upward momentum?
COINBASE:SOLUSDLong
by bryandowningqln
Solana's Potential Breakout to $55 - It's Time to Long! If you've been keeping an eye on the market lately, you might have noticed Solana's impressive performance. This blockchain platform has been making waves and gaining significant attention from both investors and traders alike. With its lightning-fast transaction speeds and low fees, Solana is proving to be a formidable competitor in the crypto space. But what's got me truly pumped up is the recent price action and technical analysis surrounding Solana. The charts are indicating that SOL is ready to embark on a remarkable journey towards the upper target of $55. This breakout could be a game-changer for those who take advantage of the opportunity to long Solana at its current price levels. So, why am I so confident about Solana's potential? Let's dive into the details: 1. Bullish Momentum: Solana has been exhibiting strong bullish momentum, with consistent higher highs and higher lows on the charts. This upward trend suggests that there is a growing demand for SOL, and the market sentiment is overwhelmingly positive. 2. Supportive Volume: The recent surge in trading volume for Solana is a clear indication of increased market interest. Higher trading volume often accompanies significant price movements, and it reinforces the likelihood of a breakout to the upper target. 3. Technical Indicators: Various technical indicators, such as moving averages and oscillators, are aligning favorably for Solana. These indicators suggest that SOL is currently undervalued and poised for a potential upward movement. Now, here comes the exciting part - the call-to-action! If you're as enthusiastic as I am about Solana's potential breakout, I strongly encourage you to consider taking a long position on SOL. By doing so, you'll be well-positioned to ride the wave of this anticipated price surge and potentially reap substantial profits. However, as with any investment, it's crucial to conduct your own research and make informed decisions. Keep a close eye on the market, study the charts, and evaluate your risk tolerance before making any trading moves. Remember, timing is key when it comes to seizing opportunities in the crypto market. So, don't delay! Take action now and position yourself for a potentially rewarding journey with Solana. Feel free to reach out if you have any questions or if you'd like to discuss further trading strategies. Let's make the most of this exciting opportunity together!
COINBASE:SOLUSDLong
by bryandowningqln
SOL/USDT Mid-term Potential movement Solana Today Analysis Hello Paradisers, spotlight on this token! 💎 SOL has recently broken a support bullish trend, with potential continuation downwards post-retest. 💎Currently, SOL is navigating its demand zone and must reclaim the support trend to aim for a bullish trajectory. 💎However, if SOL struggles to reclaim and pierces through the demand, it might descend toward the Bullish Order Block. 💎In this vicinity, keep an eye out for any robust rejections once SOL approaches the Bullish Order Block. Absence of bullish signals might see SOL venturing further down to a more formidable demand zone. Always remember to trade with prudent money management in place.
by MyCryptoParadise_Nathan
1
Coin Watch : Solana (SOL)The Solana blockchain and its token SOL have great days ahead of them, with their technical performance and growing ecosystem making this network a major player in the crypto space and the accompanying decentralization movement. It is still in the early stages of development, and the success of the project depends on the genuine intention of the developers to decentralize this blockchain. While the active presence of its CEO on social media suggests that the Solana Foundation remains closely involved in the functioning and adoption of its blockchain, the decentralization phenomenon will be necessary and essential for them to compete with Ethereum and the new actors of Web 3.0. The year 2023 started on all time low, we've seen 8$ down from 260$ (ATH) in 2021. It is now back to the 30$ and it could be only the beginning ? The weekly chart prints an ascending triangle with an horizontal resistance around 27.5$. The only issue is, an ascending triangle is often a continuation pattern. However the trend was bearish before. This is why we should still be careful. For people trading the breakout, 47$ is the target. On the daily however, it would not be wise to buy right now after a 60% move up, as people will want to take profit. Be patient, wait for the weekly close in 3 days, we could see an inverted hammer, or a confirmation of the breakout. Stay tuned!
by cyatophilum