SOL
Solana SOL: Drop to $215 Before Rally to 245?Solana is moving in the descending channel since end of November. It is currently is trading in the intraday range zone where we continue to see slow and choppy price action. A breakout from this range zone will result in a decisive move in the coming week.
A minor pullback toward $215.21, followed by a robust recovery, would indicate that buyers are regaining control, potentially paving the way for a rally toward the resistance levels of $227.83 and $245.58 (Dashed Green Projection).
If bullish momentum strengthens, this could extend gains to the next key level at $262.11, offering ample opportunities for upside continuation (Solid Green Projections).
Conversely, failure to defend the $215.21 support level could expose Solana to increased bearish pressure. A decisive break below this threshold may trigger a decline toward the critical support at $197.45 (Red Projection).
As Solana navigates this crucial juncture, traders should closely monitor price movements and volume dynamics to identify early signals of a breakout or reversal. Staying vigilant will be essential to capturing the next substantial market shift.
SOL/USDT Targets and stoplossHello everyone, let's look at the 8H SOL to USDT chart, in this situation we see the price moving in the local downtrend channel.
Let's start by setting goals for the near future, which include:
T1 = $225
T2 = $232.7
T3 = $238.
T4 = $244.75
Now let's move on to the stop-loss in case the market continues to decline:
SL1 = $217.82
SL2 = $207.61
SL3 = $199.95
SL4 = $190.45
Solana's price remains in the support zone!Hello everyone, I invite you to review the SOL chart in pair with USDT on a one-day time frame. As we can see, the price of salt was moving in a downward trend channel, from which the price came up, and the increase itself, as is often the case in such a situation, is close to the height of the channel in which we were moving.
Next, we can see how the price increase to the upper limit of the resistance zone from $238 to $261 has been rejected, only breaking it can result in an increase to the strong resistance at $298.
However, here you can see how the price quickly returned to the lower range of the zone, from which the breakout resulted in a quick return to the support zone from $203 to $185. Currently, the upper limit of the zone is maintained by the cane, but if we see a rebound again and the zone is broken, the price may quickly return to around $165.
When we look at the MACD indicator, we will see that we are still in an upward trend, but the recent recovery has made a lot of room for possible further increases.
Let's go for ATH...hello guys
This coin was in a correction phase for a long time after an incredible jump, and with the growth of the market, the correction ended and started to climb with a ceiling and successive claps...
Now we expect ATH from it because its trend is well rounded and the currency itself has a high growth potential, so you can buy one step according to the start of growth and buy again if it corrects.
Give us energy with likes and comments.
good luck
SOLANA GOING OVER $300 VERY SOON Want to keep this short because I am working a lot of different coins right now. Also, the work is on the chart. I've marked the relevant price levels for resistance and support and included a fib analysis for a price target.
Try and get in on a red candle on a little draw back so you don't experience death by stop hunt.
Good luck Lads.
SOL 6H. Solana Heading to $400 in the Medium Term. 12/12/24The asset price is currently stabilizing within the $222-$204 range, which could serve as a critical support zone. Support is the level where the price tends to bounce back as buyers step in aggressively, holding the price at this level.
In the short term, I’m considering a buy position targeting $260, which marks the upper boundary of the current range. For me, this is strictly a near-term goal. In the medium term, I anticipate Solana trading between $300 and $400.
To put it clearly and concisely: I expect further growth for #SOL and do not foresee the price dropping below $204.
DYOR.
Solana touched $204 and will now target $375Traders,
In my previous post on Solana I explained the significance of that blue trendline. When Solana was at $260, I observed that while BTC consolidates with sideways price action, Solana could drop to $204 (pink horizontal support). It did that. In fact, we hit that price several times and so far that support has held. I have now taken a long position and will be targeting $375. on SOL. Here's my quick thesis.
First of all, you will notice that inverse head and shoulders pattern. While it hasn't completed yet, nor confirmed, I highly suspect the pattern will play out. There are several reasons why this could be the case.
Number one. The rotation of alts is different this year. In case you haven't observed this yet, it goes something like this: Bitcoin pumps either slightly before or sometimes simultaneously with Solana and Solana based meme coins. Often, Solana based memecoins, especially AI genned mcs, are even ahead of Solana and Bitcoin. I have started to observe this recently while looking at my Solana mc list. Many of the Sol AI genned mcs were up yesterday and today. Now, maybe I got lucky and just picked all the right coins to add to my list, but I don't think so. One of my mcs was up almost 900% today at it's peak. That was DEVIN. I am so stoked 'cuz I hold a huge bag in that one. Anyways, I think this is giving me my first hint that the pump rotation is just about to begin again before Christmas. It often starts with SOL based AI mcs first, then other mcs like the OG cats, dogs, and frogs, etc. Then we hit the dex's like Jupiter, Ray, GUAC, Orca, etc. Then you'll see SOL start (maybe in conjunction with BTC). Next you'll start to see other chain based mcs pump along with AI coins like FET, TNSR, AIOZ, NEAR, etc. Last but not least, you'll see the OG Boomer ALTS pump to finish it up. My suspicion is that we get one more round of something like this before Christmas. I could be wrong but so far, my record speaks for itself here so be prepared for this.
✌️ Stew.
Solana - Finally Initiating The Bullish Breakout!Solana ($CRYTO:SOLUSD) is finally breaking above the highs:
Click chart above to see the detailed analysis👆🏻
In the end of 2023, Solana create a so called reversal triangle breakout and rallied more than +1.000% over the past couple of months. However looking at the current all time high breakout rally, this might still just be the beginning of the next massive Solana bullrun.
Levels to watch: $200, $500
Keep your long term vision,
Philip (BasicTrading)
Unraveling $EVAN: The Guardian of Degens Poised for a BreakoutThe cryptocurrency market, ever dynamic and unpredictable, has given rise to a unique token that captures the imagination of both meme enthusiasts and serious traders alike. $EVAN, a Solana-based token, is the embodiment of resilience and humor in the face of market volatility. Armed with compelling fundamentals and a promising technical setup, $EVAN is generating significant buzz.
What is $EVAN?
$EVAN the hobo is more than just a token; it’s a cultural phenomenon born from the Solana trench warriors' community. Representing the gremlin god of degens, $EVAN serves as the ultimate protector against bad actors in the crypto space, including rug-pulling developers, PvP predators, and scam artists. With a philosophy that blends copium and hopium, $EVAN reminds its followers that while trades may falter, their spirits remain unbreakable.
The live price of $EVAN as of today is $0.073346 USD, with a 24-hour trading volume of $7,934,949 USD. Currently ranked #561 on CoinMarketCap, $EVAN boasts a market cap of $73,332,559 USD with a circulating supply of nearly 1 billion tokens.
Technical Analysis:
From a technical perspective, $EVAN is trading within a symmetrical triangle, a pattern often associated with an imminent breakout. Currently up 4.34%, $EVAN’s price movement signals potential bullish momentum.
Relative Strength Index (RSI): At 66, the RSI indicates that $EVAN still has room to move upward before entering overbought territory. This creates an opportunity for traders anticipating a breakout.
- Recent Performance: With a price increase of 74.60% in the last seven days, $EVAN is outperforming both the broader crypto market (-4.40%) and its meme coin peers (-6.40%).
- Key Levels: A breach of the triangle’s upper boundary could trigger a bullish reversal, with targets potentially revisiting the recent all-time high of $0.08469. Conversely, failure to maintain current support could lead to consolidation near $0.07.
Community and Utility
Beyond its technical setup, $EVAN stands out for its vibrant community and cultural relevance. Born from the collective consciousness of degens, $EVAN is designed to protect and uplift traders navigating the often treacherous waters of the crypto market.
- Market Dynamics: Despite a 17.90% decrease in daily trading volume, $EVAN’s market activity remains robust, with $5,102,714 traded in the past 24 hours.
- Tokenomics: With a circulating supply of 999,823,336 EVAN tokens and a max supply of 999,844,983, $EVAN demonstrates strong liquidity and a controlled emission schedule.
- Exchange Presence: $EVAN is actively traded on decentralized platforms like Raydium, with the EVAN/SOL pair accounting for significant activity. The ease of access contributes to its growing adoption.
Comparative Performance and Long-Term Potential
Compared to its peers, $EVAN is emerging as a market leader. Its rise from an all-time low of $0.01442 on November 22, 2024, to its current levels represents an astounding 412.24% increase. This trajectory reflects the token’s strong fundamentals and community-driven growth.
Moreover, $EVAN’s fully diluted valuation (FDV) of $73,981,623 USD indicates a mature market presence. As the token continues to gain traction, its ability to sustain and amplify this growth will depend on the broader market trends and its community engagement.
Conclusion
$EVAN’s blend of humor, culture, and robust technical setup makes it a standout in the meme coin universe. As it trades within a symmetrical triangle, the potential for a breakout is high, supported by a favorable RSI and recent price performance. On the fundamental side, its strong community and tokenomics position it as a token worth watching.
Whether you’re a degen seeking protection or a trader eyeing the next big opportunity, $EVAN offers a compelling narrative and market presence. With the mantra “In $EVAN We Trust,” this token is more than a meme; it’s a movement. Stay tuned as $EVAN charts its course through the crypto trenches.
Bombay currency...Hello dears
This currency is from the Solana ecosystem, which has not started its main growth, so we checked it for you.
The price after the pump. Placed in a channel for about 290 days.
Now it has formed a pattern which shows that it wants to start its growth and you can buy it step by step as we have specified the purchase limits for you.
Friends, be sure to observe capital management.
Be successful and profitable
Great location!!!hello friends
This currency that you see is one of the subsets of the Solana ecosystem that has not yet started its main growth.
Due to the price correction and being in the right position, it is now suitable for an entry level.
We have specified the second step for buying.
The targets are marked with a green line.
Be sure to follow the capital management.
Be successful and profitable.
BOBA/USDT = THE NEXT SOLANA (CYCLE ACCTIVATED) $25This is a follow-up update for BOBA/USDT with next targets.
Hybrid Compute tech could become a game-changer, as some top developers recognize its potential impact.
Expected Targets for 2024/2025:
$0.21 to $0.45
$0.45 to $1.23
$1.23 to $5.40
Outlook for 2025:
The technological advancements and ecosystem data indicate that 2025 could be a pivotal year for BOBA/USDT, potentially pushing the coin to $10 in 2025 , with a significant chance of reaching $25 by 2025/2026.
There is an activation of market cycles, suggesting that new whale accumulation could begin at any moment. BOBA has the potential to become the next Solana, which also started below $1.
For perspective: Solana rose from $0.51 to $200, showcasing how underpriced tokens with solid fundamentals can skyrocket.
For short-term insights, see this update:
Why Boba Stands Out:
Hybrid Compute Technology: BOBA enables smart contracts to seamlessly access real-world data and off-chain APIs, expanding the potential of decentralized applications.
Layer-2 Scaling: It lowers Ethereum transaction fees and boosts transaction speeds, offering both scalability and innovation that many competitors lack.
Ecosystem Growth:
Boba Network’s Liftoff Accelerator Program, in partnership with Brinc, is fostering innovation in Web3 by supporting startups in DeFi, gaming, AI, and real-world asset applications. This initiative provides grants, technical assistance, and mentorship, further solidifying Boba's unique position in the blockchain space.This is a follow-up update for BOBA/USDT with next targets.
Hybrid Compute tech could become a game-changer, as some top developers recognize its potential impact.
Outlook for 2025:
The technological advancements and ecosystem data indicate that 2025 could be a pivotal year for BOBA/USDT, potentially pushing the coin to $10 in 2025 , with a significant chance of reaching $25 by 2025/2026.
There is an activation of market cycles, suggesting that new whale accumulation could begin at any moment. BOBA has the potential to become the next Solana, which also started below $1.
For perspective: Solana rose from $0.51 to $200, showcasing how underpriced tokens with solid fundamentals can skyrocket.
Why Boba Stands Out:
Hybrid Compute Technology: BOBA enables smart contracts to seamlessly access real-world data and off-chain APIs, expanding the potential of decentralized applications.
Layer-2 Scaling: It lowers Ethereum transaction fees and boosts transaction speeds, offering both scalability and innovation that many competitors lack.
Ecosystem Growth:
Boba Network’s Liftoff Accelerator Program, in partnership with Brinc, is fostering innovation in Web3 by supporting startups in DeFi, gaming, AI, and real-world asset applications. This initiative provides grants, technical assistance, and mentorship, further solidifying Boba's unique position in the blockchain space.
SOL - Bullish or Bearish?SOL seems to be facing an unstable head-and-shoulders pattern, with the possibility of striking key support levels. The Moving Average Convergence Divergence (MACD) shows that SOL struggles to cross the zero line, indicating bearish sentiment. The Relative Strength Index (RSI) has been coming down from overbought conditions since December 3rd. The 20-day moving average (20ma) and the 200-day moving average (200ma) are converging, potentially undoing the golden cross formation observed on October 13th. This could signal a possible reversal. It's possible that we might see a shakeout followed by a bounce to the upside, or SOL may consolidate at key support levels before bouncing. Keep an eye on its movements.
Support - $215
Resistance - $246
Fear and Greed Index - 78 (Greed)
SOL pumping?🔼 Climb to $204.46: This level acts as a key resistance. A breakout above this confirms a bullish continuation.
🎯 Next Target at $364.43: After surpassing $204.46, the next profit target offers a 160% potential gain at $364.43.
🔴 Support Zone at $190: This level is currently holding as a strong support to prevent further downside.
⚠️ Downside Risk: Breaking below $190 could lead to a drop toward $138 or even $116.
✅ Buy Signal: If the price stabilizes above $204.46, it signals a bullish entry.
🚀 Profit Potential of 75%-160%: The chart suggests great upside opportunities if the upward trend continues.
📊 Summary: A breakout above $204 triggers a valid buy signal 🎉, but caution is needed if the price dips below $190 ⚡.
Creator of Shiba Inu Launches ShiroThe creator of Shiba Inu is back with Shiro, a new memecoin that's already sparking interest in the crypto community. But is it worth your attention?
Here’s what we know so far:
The project comes from the same team behind Shiba Inu, which adds credibility given their track record.
The official website features thematic episodes exploring recent events in the crypto world, giving the project a unique narrative spin.
There’s speculation that Shiro’s market cap could reach $4-5 billion in the near term, with a potential climb to $10 billion if momentum builds.
Potential or risk?
Shiro has all the hallmarks of a memecoin: the promise of big returns (some are talking about up to 2000% this cycle) but also the inherent risks associated with speculative assets. It could be appealing if you're open to taking a calculated gamble on something new. As always, remember: Do Your Own Research (DYOR) and invest only what you can afford to lose.
The Bottom Line:
For those interested in exploring memecoins, Shiro looks intriguing. You can find it on CoinMarketCap, so check out the official site to learn more and decide if it fits your strategy.
Happy trading and wishing you a great year-end! BINANCE:BTCUSDT COINBASE:ETHUSD BINANCE:SHIBUSDT BINANCE:UNIUSDT
SOLANA LOOKING ALL TIME HIGHS - SOL LONGPrice rejected strongly from the daily demand zone after running the daily swing liquidity. This move created a 4H demand zone. Following that, we saw a break of the bearish trendline, with a retest of both the trendline and the 4H demand.
I entered a position during this retest, even as BTC was aggressively dumping by over $10K, which is why I couldn’t share this idea in real time. However, I am already in this trade and targeting a bare minimum of $271 as the next level.
Alikze »» APT | Forming a head and shoulders pattern - 2D🔍 Technical analysis: Forming a head and shoulders pattern
- It is moving in an ascending channel in the daily time frame.
- After the touch neck line and also the failure of swing and poleback to it, it has continued its growth up to the ceiling of the channel.
- Currently, an AB=CD pattern is formed.
- In addition, a head and shoulder pattern is also observed in the daily and weekly time frames.
- Therefore, it can have another growth in the middle of the channel after a temporary correction, up to the area of the width and roof of the channel.
💎In addition, it can continue its growth until the next supply zone after the failure of the supply zone and pullback to it.
🚨 Note: The support area of 6.25 is the validity area of the analysis, if the candlestick stabilizes below the area, the bullish pattern will be invalidated. 🚨
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BINANCE:APTUSDT
Solana’s Memecoin Hub Faces UK Ban Amid Regulatory ConcernsThe Solana ecosystem has been making waves in the crypto space, not only for its technological advancements but also for its thriving memecoin market. However, recent developments surrounding **Pump Fun**, a prominent Solana-based memecoin launchpad, have sparked regulatory debates. Despite the challenges, Solana’s native token, CRYPTOCAP:SOL , demonstrates resilience in the face of adversity.
Pump Fun’s UK Ban: A Regulatory Crackdown
Pump Fun, a leading platform for memecoin creation and trading, has abruptly restricted access to users in the United Kingdom. This decision follows a warning from the Financial Conduct Authority (FCA), which accused the platform of operating without proper authorization under UK financial laws.
Key highlights of the FCA’s concerns include:
- Lack of financial authorization for services provided.
- Warnings of potential risks for users engaging with Pump Fun.
- A directive to the public to avoid the platform.
In compliance, Pump Fun updated its terms of service and barred UK residents, marking the UK as a restricted jurisdiction.
The Rise and Controversy of Pump Fun
Launched in early 2024, Pump Fun quickly became a hub for Solana’s memecoin enthusiasts.
- Trading Dominance: Facilitated over $250 million in token trades, capturing 62% of Solana’s decentralized exchange (DEX) transactionsfi in November.
- Popular Tokens: Enabled the creation of tokens like PNUT and WIF, driving memecoin hype.
- Challenges: Faced backlash for inadequate content moderation and reports of misuse of its now-disabled livestreaming feature.
With its roots in the UK, Pump Fun's founders, operating under pseudonyms, have come under scrutiny. Legal experts warn that its lack of compliance with anti-money laundering regulations could result in further penalties.
Solana’s Reaction: CRYPTOCAP:SOL Remains Strong
Despite Pump Fun’s legal troubles, CRYPTOCAP:SOL has maintained its footing in the market.
- Price Movement: As of this writing, CRYPTOCAP:SOL is trading at 1.74% up, unaffected by the negative sentiment around Pump Fun.
- RSI Insights: The Relative Strength Index (RSI) at 53 suggests a balanced momentum, with neither overbought nor oversold conditions.
- Bullish Pattern: A bullish engulfing candlestick on the daily chart indicates buyer interest, even in uncertain times.
- Support Levels: If selling pressure increases, immediate support lies at the 61.8% Fibonacci retracement level.
What’s Next for Solana and Pump Fun?
Pump Fun's UK ban could set a precedent for stricter regulation of memecoin platforms, not just in the UK but globally. For CRYPTOCAP:SOL , its resilience underscores the ecosystem's ability to weather localized disruptions. However, the Solana community may need to address reputational risks tied to controversial platforms like Pump Fun.
Conclusion
While Pump Fun’s UK ban signals the growing scrutiny of crypto platforms, Solana's technical and fundamental strengths continue to shine. As CRYPTOCAP:SOL holds steady, this could present an opportunity for investors to consider its long-term potential amidst temporary market turbulence.
SOL - Will breakout and hit new ATH in matter of days#SOL/USDT #Analysis
Description
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+ SOL is trading near the resistance zone
+ a minor pull back is expected before breaking out the from the resistance zone
+ If the price breaks out then next target is 500, 1000, 1200
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VectorAlgo Trade Details
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Entry Price:230
Stop Loss: 128
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Target 1: 300
Target 2: 350
Target 3: 400
Target 4: 550
Target 5 700
Target 6: 900
Target 7: 1200
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 1-10x
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Enhance, Trade, Grow
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VectorAlgo