SOL could reach all time high againSolona has been one of the most hated crypto since SBF and FTX but I am seeing similar patterns with the TNX and (NVAX) a stock that had a meteoric rise during covid 19. This is also a well know bearish shark pattern. Its quite interesting that 3 different sectors have similar patterns.
Bears will say it is probably nothing.
Please do your DD as this is not a financial advice.
Please like if you find helpful.
Solana
Is Solana (SOL) Poised to Reach $400 with Upcoming Breakout?
Solana, the high-performance blockchain platform, has been making significant strides in the cryptocurrency market. Recent data and technical analysis suggest that SOL is poised for a significant price surge, with the potential to reach $400.
Key Factors Driving Solana's Potential Breakout:
1. Network Upgrades and Scalability:
o Solana has been actively working on network upgrades and scalability solutions to address the challenges faced by other blockchain platforms.
o Recent improvements have significantly enhanced the network's capacity and transaction speed, making it more efficient and user-friendly.
o These advancements are likely to attract more developers and users to the Solana ecosystem, driving increased demand for SOL tokens.
2. Growing DeFi Ecosystem:
o Solana's DeFi ecosystem has witnessed rapid growth, with a diverse range of decentralized applications (dApps) being built on the platform.
o These dApps span various sectors, including finance, gaming, and NFTs, attracting a growing user base.
o As the DeFi ecosystem continues to expand, the demand for SOL tokens is likely to increase, as they are used for fees and staking.
3. Strong Community Support:
o Solana has a dedicated and passionate community of developers, investors, and users.
o This strong community support plays a crucial role in driving the adoption and growth of the Solana ecosystem.
o Community-driven initiatives and projects contribute to the overall development and success of the platform.
4. Positive Market Sentiment:
o The broader cryptocurrency market has been experiencing a positive sentiment, with Bitcoin and Ethereum leading the charge.
o This positive market sentiment can spill over to other cryptocurrencies, including Solana.
o As investor confidence in the cryptocurrency market grows, more capital may flow into Solana, driving up the price of SOL tokens.
Technical Analysis: A Bullish Outlook
Technical analysis of SOL's price chart reveals a bullish outlook. The token has formed a solid support level and is showing signs of breaking out of a consolidation phase. Key technical indicators, such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD), are also indicating bullish momentum.
If Solana successfully breaks through the current resistance level, it could trigger a significant price surge. The next major price target for SOL is $400, which could be achieved in the near future.
Potential Risks and Challenges:
While Solana's future looks promising, it is important to acknowledge potential risks and challenges:
• Network Congestion: As the network grows, it may face scalability issues, leading to increased transaction fees and slower processing times.
• Regulatory Uncertainty: Changes in regulatory policies can impact the cryptocurrency market, including Solana.
• Market Volatility: The cryptocurrency market is highly volatile, and sudden price swings can occur.
Conclusion:
Solana's strong fundamentals, coupled with positive market sentiment and technical analysis, suggest a bullish outlook for the token. The potential for significant price appreciation, coupled with the growing adoption of the Solana ecosystem, makes it an attractive investment opportunity for both short-term traders and long-term investors. However, as with any investment, it is crucial to conduct thorough research and consider consulting with a financial advisor before making any investment decisions.
ROD.AI: The Meme Coin Revolution You Don’t Want to Miss!Are you ready to ride the wave of the next big meme coin sensation? Say hello to ROD.AI (RODAI). Designed to bring real value to the Solana ecosystem.
ROD.AI is building "Aerosol", a revolutionary platform for creating and managing community tokens. Think of it as a playground for tokenomics, empowering communities to shine in the Solana universe.
ROD.AI has already gained traction with a vibrant community and growing market cap. But here’s the kicker – there’s still massive upside potential for those who get in early.
Using Fibonacci retracement levels and the golden ratio (1.618), we see a future price target of $0.0000000962. Sounds exciting? Approximately 1100% increase.
That’s just the beginning. With an active roadmap, community support, and the humor-infused charm of meme culture, ROD.AI is positioning itself for explosive growth.
Don’t miss your chance to be part of a project that’s as bold and playful as it is ambitious.
Could BarbieCrashBandicootRFK88 ($SOLANA) be the Next Shiba?The crypto world never ceases to amaze with its innovations, and today, we turn our attention to BarbieCrashBandicootRFK88 ($SOLANA). This unique token combines elements of meme culture and utility, offering early investors a promising opportunity to capitalize on the upcoming bull market. While it may seem unconventional, this token is not just a novelty—it's a strategic play for savvy traders.
Why BarbieCrashBandicootRFK88 Stands Out
1. Early-Stage Opportunity:
With just 2.99k holders, BarbieCrashBandicootRFK88 (SOLANA) is in its infancy. It is not yet listed on any centralized exchanges (CEXs), making it an untapped opportunity for those looking to position themselves before mainstream adoption.
2. Meme Meets Utility:
Inspired by the concept of low gas fees that made Solana famous, this token mimics Solana's efficiency while leveraging the viral appeal of meme tokens like $SHIBA. As Murad, a prominent crypto analyst, recently stated, "Memecoins are now offering more utility than the altcoins we know."
3. Humanitarian Connection:
The crypto industry has often demonstrated its ability to impact humanity positively. The story of Vitalik Buterin donating billions worth of $SHIBA to natural disaster victims serves as a precedent. Tokens like BarbieCrashBandicootRFK88 are positioning themselves at the intersection of meme culture and real-world impact.
4. Market Data:
- Trading Volume: $100,363 in the last 24 hours, despite a recent 43.20% dip.
- Market Cap: $1,810,585, ranking it #2973 on CoinGecko.
- Token Supply: 890 trillion tokens in circulation.
- Price Range: The current price is 86.30% below its all-time high of $0.00000071485, recorded on Oct 26, 2023, but 1,297.28% above its all-time low of $0.0000000091456 on Sep 18, 2023.
These fundamentals suggest a token with significant upside potential, especially as market activity stabilizes and liquidity increases.
Technical Analysis
On the daily price chart, $SOLANA is forming a bullish symmetrical triangle. This pattern historically precedes upward breakouts, with a potential rise to $0.000000072, coinciding with the October highs. This represents an estimated 254% surge from current levels.
The Relative Strength Index (RSI) stands at 46, a neutral yet bullish zone suggesting the token is neither overbought nor oversold. This provides ample room for upward movement.
Similarly, A golden cross is forming as the 50-day moving average (MA) crosses above the 200-day MA, a classic bullish indicator that has historically signaled sustained price rallies.
How to Buy BarbieCrashBandicootRFK88 ($SOLANA)
The token is currently available on decentralized exchanges, with Uniswap V2 (Ethereum) being the most popular platform. The active trading pair SOLANA/WETH recorded a 24-hour trading volume of $100,333, showcasing growing interest.
Conclusion
BarbieCrashBandicootRFK88 ($SOLANA) is more than just another token—it represents a fusion of meme culture and blockchain utility. With its early-stage status, strong technical setup, and alignment with the growing trend of utility-rich memecoins, this token could be a game-changer.
As the market braces for the next bull run, now might be the perfect time to explore BarbieCrashBandicootRFK88 and secure a position before it gains broader recognition. Keep an eye on this potential breakout gem—it could redefine your portfolio.
SOLUSDT | Marketoutlook Summary:
• SOL/USD Movement:
• Trading within a medium-term descending channel .
• Resistance zone: 157.40–162.50 (23.6% Fibonacci & Murrey ). A breakout above could lead to further growth toward 175.00 and 185.80 (July highs).
• Support zone: If the price falls below 147.60 (central Bollinger Band), it could decline toward 131.25 (38.2% Fibonacci & Murrey ) and 125.00 (Murrey ).
• Technical Indicators:
• Bollinger Bands: Horizontal, signaling consolidation.
• Stochastic: Preparing to exit the overbought zone, indicating a potential sell signal.
• MACD: Increasing in the positive zone.
• Trend Outlook:
• With the long-term downtrend intact, further decline in the near future appears more likely.
tooker kurlson "TOOKER" - time to buy!?Tooker is risky but very funny and the content is professional.
If you believe that "tooker" will perform in the coming months, it is probably not a good idea to wait for better times. I see that a 150% move is possible to happen at any time and you can leave quite a lot of x profit on the table if you don't give in before "the big move". Especially if you plan to keep tooker for a couple of months.
I think the next move that breaks the resistance at around 0.028 will push tooker to quick gains -- the chart contains little resistance and it will be easy for tooker to accelerate.
Tooker's content is world class, if fundamentals catch up with price we will see a big move soon.
If we see tooker get listed on one of the major exchanges, we will see the price absolutely fly.
Solana (SOLUSDT): 320% Profit SecuredSOLANA LONG Trade Setup
The 4-hour chart of Solana showcases a near-flawless long trade setup with incredible execution using the Risological Swing Trading indicator .
Targets 1 through 3 have been hit successfully, and the price is hovering just below TP4.
A stunning 320% profit at 10x leverage has already been realized for traders who capitalized on this move.
Key Trade Details:
Entry Price: $175.69
Stop Loss: $165.36 (well-protected downside)
Profit Targets:
TP1: $188.47 ✅
TP2: $209.14 ✅
TP3: $229.81 ✅
TP4: $242.59 (likely to hit soon)
Insights:
Bullish Momentum: Solana has been riding a robust uptrend, with consistent higher highs and higher lows, aligning perfectly with technical indicators.
Precision Entry: The setup was signaled by the Risological Swing Trader, offering a high-probability trade with defined targets and minimal risk.
Leverage Amplification: With 10x leverage, traders achieved an astounding 320% ROI, exemplifying the power of leveraged trades in strong market conditions.
What's Next?
With TP4 just a heartbeat away, Solana's momentum suggests further potential upside. Keep trailing stops tight to lock in profits and let the market dynamics play out.
Bravo to all who rode this wave! 🌊🚀
RAY Opportunity: The Time to Jump In Is Now!D1scord and R3dd1t channels are projecting an impressive 200% probability of gains for RAY in the upcoming moves! Expectations are high that this asset is about to explode, and those positioned now stand to maximize the potential of this pump.
Tips to Make the Most of It:
1️⃣ Load up your RAY bags while it’s still affordable.
2️⃣ Focus on Spot, protect yourself from potential liquidations, and stay disciplined.
3️⃣ Follow the signals and seize the opportunity at the right moment.
All signs point to a major move on the horizon – RAY is ready to take off! Don’t miss your chance to get in before the breakout. COINBASE:ETHUSD BINANCE:SOLUSDT BINANCE:BTCUSD
The Banana Zone Series - Solana (SOL)Alt-season is here. BTC breakout has been confirmed. If you missed positioning for the next level of exponential moves, what are some of the buy the dip zones while still have time for the bigger moves into the banana zone.
We continue the series with Solana (SOL).
As you can see in my analysis, pull backs to $208 and below is my new accumulation zone. I will initiate some leveraged longs for new trades in preparation for the moves to the banana zone in the alt season.
For more aggressive traders, $210 and below can be the trigger longs with tight stops.
Note that this is a weekly chart so the price action will take place over the 6 to 9 months.
Not a financial advice so DYOR.
Solana roadmap to $400-$425Love SOL or hate it. $400-$425 is a magnet.
Solana is showcasing a textbook Cup and Handle pattern on the 2-day timeframe, signaling a potential bullish breakout. Here’s the breakdown:
1️⃣ The Cup Formation:
The base of the cup was formed between May 2022 and January 2023, marking a prolonged accumulation phase.
The lip of the cup rests around $225, a key resistance level tested multiple times.
2️⃣ Handle Consolidation:
After reaching the cup's lip, Solana entered a consolidation phase (the handle), with lower highs and higher lows forming a descending channel.
This phase typically indicates a preparation for the next major move.
3️⃣ Breakout Potential:
A breakout above the $225 resistance level confirms the pattern, opening the door for significant upside.
📈 Bullish Momentum:
With strong momentum and increasing trading volume, a breakout seems imminent.
Watch for confirmation of the breakout above $225 before entering positions.
Key Levels to Watch
Resistance (Breakout Zone): $225
Target Based on Cup Depth: $425
Support (Invalidation): $175 (below handle structure)
Solana, the best and the worse casesToward November 2023 #Solana exploded from ~$20 all the way to ~$210 in March 2024
Using simple Fib #retracement we should have come back to about $115 ... and we did, on August 2024
So we are now in a bullish descending triangle.
Best case :
Green line, we keep going up over the next 2 or 3 weeks and break out past $170 in the middle of next month.
There is a strong area of #resistance around $165 so breaking past that would be quite #bullish.
Likely case :
Blue line, we keep going up over the next 2 weeks and we bounce back at the area of resistance, ~$165 and we go back down to the support around $130 and we then go back up to eventually breakout sometimes next year.
Worse case :
Red line, again, we keep going up over the next 2 weeks and we bounce back at the area of resistance, ~$165 and we go back down ... but we break past $130 and we go back down to $120, (0.5 fib retracement).
Plan
Enter: Now
SL: $129
Target: anything past $500 (remember this is weekly chart, not 5 minutes)
Look out for trend reversal around $162 ... and close your trade if we break trend as it would be the likely case.
Note that FTX will be refunding some/all of the holders toward the beginning of October, but they will be refunded in US Dollar, so they are very likely to use their money to buy back Crypto, (they were traders afterall and they are well aware of the upcoming bull market).
Solana Meme Coins tonight! Tyson vs Paul! MAKE MONEYHey fellow crypto enthusiasts,
Tonight is gearing up to be an event that everyone on social media is talking about: Mike Tyson vs. Jake Paul. Love them or hate them, this fight is capturing global attention, and I believe it's a massive opportunity in tonight's meme coin narrative.
Why is this a big deal for meme coins?
In the world of crypto, especially with meme coins, timing and relevance are everything. Major events like this fight create a surge in online activity and discussions, which can be leveraged to launch tokens that capitalize on the hype.
Here's what I'm anticipating:
I expect a plethora of new coins to be launched around this narrative. The key to spotting the next moonshot, in my opinion, lies in finding the one that's both the fastest to market and the most "accurate" in capturing the moment.
What do I mean by "accurate"?
Imagine this scenario:
The moment Mike knocks out Jake (or the other way around), someone clips that exact moment and shares it across social media.
They've already set up a token website and, with the clip in hand, they quickly update it to reflect the event.
They launch a token aptly named something like "Sleepy Jake" or "Sleepy Mike".
By connecting the socials and launching on platforms like pump.fun, they tap into the immediate buzz.
This token could gain massive traction because it encapsulates a viral moment. People love to be part of something trending, and a coin that represents that exact instance has a higher chance of going viral.
What about other tokens?
Undoubtedly, there will be numerous other tokens launched during and after the fight. Some might see significant volume purely due to the general hype. However, the ones that might truly take off are those that:
Capture the exact moment: Timing their launch to coincide with pivotal moments in the fight.
Engage with the community: Active promotion on social media platforms to create a buzz.
Offer something unique: Whether it's a clever name, a catchy logo, or a funny meme, uniqueness can set a token apart.
What am I doing tonight?
I'll be on the lookout for tokens that:
Launch immediately after a significant event in the fight.
Have a strong social media presence.
Show signs of organic growth and community engagement.
What are your plays tonight?
Are you planning to dive into this potential wave of new tokens? Do you have strategies for identifying promising projects amid the flurry of launches?
ADA Surges Amid Rumors of Hoskinson-Trump PartnershipIn his latest YouTube live stream, Charles Hoskinson, the founder of Cardano, announced plans to establish an office dedicated to engaging with government authorities, strengthening Cardano’s strategic position in the global regulatory landscape. This initiative underscores Cardano's commitment to aligning with market trends and regulatory requirements, positioning the ecosystem for greater institutional adoption.
Hoskinson revealed that his team is in contact with key political and regulatory figures, indicating that Cardano is strategically poised to benefit from regulatory advancements and new opportunities in the global cryptocurrency market. This move aims to ensure that the blockchain remains not only competitive but also a leader in compliance and innovation.
With this enhanced focus on regulation and the network's ongoing technological advancements, such as the growth of its DeFi ecosystem and increasing interoperability, ADA has a realistic potential to reach $8 in the near future. Analysts highlight that, supported by Cardano’s solid fundamentals and strong community backing, the project is well-positioned for substantial growth, especially in a more defined regulatory environment.
This new phase cements Cardano as one of the top contenders in the crypto market, offering significant opportunities for investors looking to capitalize on its upward trajectory. BINANCE:SOLUSDT COINBASE:BTCUSD BINANCE:BTCUSD
Solana’s uptrend strengthens, but investors’ moves raise doubtsSolana (SOL) price has seen a remarkable 40% surge in recent weeks, climbing to $210. Despite this bullish uptrend, SOL is encountering challenges at the $221 resistance level, which could signal a potential reversal.
Investor activity on the Solana network suggests the momentum might face hurdles in sustaining further gains.
Transaction activity on the Solana network has increased significantly during the recent price rally. The network recently hit a yearly high in transaction count, highlighting growing interest among participants. However, this increase falls short of expectations, given the current hype surrounding Solana ETFs and broader market bullishness.
This moderate network activity raises concerns about the sustainability of the rally. If Solana fails to attract more significant user engagement, its price momentum might falter, especially as broader market cues begin to stabilize.
Solana’s macro momentum remains strong, supported by technical indicators. The Average Directional Index (ADX) is at 32, well above the 25.0 threshold, confirming a strong uptrend.
Solana is currently trading at $210, holding steady above its support level of $201. Despite the recent rally, the “Ethereum killer” is struggling to break past the $221 resistance level, which remains a significant barrier to reaching $245.
The mixed sentiment indicates that SOL may consolidate between $201 and $221 until a clearer directional trend emerges. This range-bound movement could dominate the short-term outlook unless broader market conditions shift dramatically.
However, if investors opt for profit-taking, Solana could see a decline below the $201 support level. Such a drawdown would invalidate the current bullish-neutral outlook, potentially sending SOL to $186, marking a significant setback for the altcoin’s rally.
Solana (SOL) - Crucial Key LevelsExpect a short term pullpack for Solana due to Bitcoin dominance in the market. SOl will hold major support around: $174. In addition, the price action will range between= $189 - $203 will likely see a consildation.
However, if a weekly candle closes above: $215 by Monday 12AM; Solana could create momentum to push a correction to the upside. Allow the price to head for a target of "$247" EST.
Long term Solana still remains bullish and positive, SOL has also had a daily candle close above a major previous Resistance level dating back since 2021 bull run cycle.
‼️DISCLAIMER PLEASE READ CAREFULLY‼️
*(THIS NOT FINANCIAL ADVICE, ALWAYS DO YOUR OWN RESEARCH! I AM NOT RESPONSIBLE FOR ANY LOSS OF EARNINGS FROM ANY INVESTMENTS THAT YOU MAY MAKE BASED OFF ANY OF MY IDEAS. ONLY INVEST WHAT YOU CAN RISK TO AFFORD TO LOSE IF YOU MAKE THE DECISION TO DO SO. DO NOT INVEST, UNLESS YOU'RE PREPARED TO LOSE MONEY, IF NOT ALL.)
(CRYPTOCURRENCY CAN BE HIGH-RISK INVESTMENTS DUE TO THE VOLATILLITY OF IT'S NATURE, AND YOU SHOULD NOT EXPECT TO BE PROTECTED IF SOMETHING GOES IN THE WRONG DIRECTION. SEEK PROFESSIONAL ADVICE FROM A CERTIFIED FINANCIAL ADVISOR.)
Solana Breaks Revenue RecordsIn the latest crypto market moves, Solana ( CRYPTOCAP:SOL ) has shown impressive performance, setting a new record in daily revenue and solidifying its position as a major contender in the blockchain ecosystem. Its daily revenue hit a remarkable $3.8 million, with users paying over $7.6 million in transaction fees, bringing the platform’s all-time fees to a substantial $521.54 million. This achievement not only demonstrates Solana’s scalability and rising adoption but also reinforces its appeal to both developers and users as an efficient, high-performance network. As Ethereum, a long-standing blockchain leader, recorded $16.45 million in earnings, Solana's recent growth brings it closer to Ethereum's dominance.
Fundamental Analysis
Fundamentally, Solana’s growth trajectory is fueled by its rapid transaction speeds and cost-effective structure, which has made it one of the most attractive platforms for decentralized applications (dApps), gaming, and decentralized finance (DeFi) protocols. Unlike Ethereum, which faces congestion and high gas fees during peak usage, Solana can handle up to 65,000 transactions per second, all at minimal costs. This efficiency is a primary reason why transaction fees on Solana have skyrocketed to $7.6 million per day, reflecting growing adoption and user reliance on its network.
The consistent revenue generated by Solana underscores the platform's viability as a sustainable blockchain model. Its growth could also be attributed to various improvements and upgrades, including increased security and enhanced interoperability with other blockchains. As the platform matures, it’s not surprising that Solana's overall market outlook has garnered a positive sentiment from the community and investors alike.
Technical Analysis
From a technical perspective, Solana’s recent performance has been noteworthy. At the time of writing, CRYPTOCAP:SOL is trading up by 0.67%, holding firmly above the psychological $200 level, a threshold that has strengthened its market position. The Relative Strength Index (RSI) currently stands at 70, signaling an overbought condition, yet this does not deter CRYPTOCAP:SOL ’s upward momentum. Since breaking out of an enclosed rectangular pattern—a sign of consolidation—Solana has maintained a solid support base at $200, suggesting investor confidence and reinforcing bullish sentiment.
The chart shows a strong uptrend, and given the sustained momentum, Solana is positioned to potentially reach the $500 mark in the medium term. While this target may appear ambitious, Solana’s continued revenue growth, high adoption rate, and technical resilience provide it with a robust foundation. Key indicators, including moving averages, support levels, and volume, show favorable signals, with minimal resistance levels anticipated until the $250 mark.
Conclusion
With a record-breaking revenue stream and a resilient technical setup, Solana is establishing itself as a leading force in the blockchain sector. Its ability to outpace Ethereum in certain performance aspects underscores the increasing demand for scalable and efficient blockchain solutions. For investors, Solana’s combination of strong fundamentals and technical promise make it an attractive buy, with $500 as a plausible price target in the near future.