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Solana

BITCOIN vs SOLANA !!BINANCE:SOLUSDT BINANCE:BTCUSDT Bitcoin and Solana are displaying similar cup and handle patterns on a weekly chart. Watch for breakout confirmations that could trigger significant upward movements in both assets. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!! SOLUSDT is in the ascending phase by the cup and handle. Long term preview!! (BITCOIN)
Long
by CobraVanguard
1
SOLANA (SOLUSDT) 4H Timeframe, BIG LONG TRADE Targets Done!SOLANA (SOLUSDT) 4H Timeframe Trade Overview: Position: Long Entry: 143.38 Targets: TP1 (148.33), TP2 (156.32), TP3 (164.32), TP4 (169.26) Stop Loss: 139.39 Performance Recap: Solana surged and achieved all targeted levels in this 4H trade setup. Riding above the Risological dotted trend line, the bullish momentum was strong enough to reach TP4, capping a well-structured move. Market Stats: Volume: 3.98M Average Volume (30D): 9.02M Performance: Weekly: +8.96% Monthly: +15.53% Year-to-date (YTD): +77.77% Annual: +451.45% Analysis : With sustained volume and remarkable performance metrics over the past year, Solana’s upward trend reinforces the bullish sentiment. Given the fulfilled targets, it’s wise to monitor volume and possible retracement levels for future entries. This setup exemplifies a solid risk-reward scenario, demonstrating precision in capturing price momentum across predefined take-profit levels.
Long
by ProfitsNinja
Is SUI the SOLANA killer?A lot of talk has been going around about Sui's (SUIUSD) long-term potential and many have gone as far as to compare it with Solana (SOLUSD), claiming it is a threat to the already established token. But is Sui really the new Solana? We've made today's comparison for those people in an attempt to find any technical similarities between the two. The time-frame is 1W and as you can see, we compare Sui's price action from its start (May 2023) with SOL's from the first trading day back in April 2020. As you can see, Sui has started off in quite similar fashion as Solana back in the day: initial correction, then big rally into a Bull Flag (dotted Channel Down). This gave Solana way to an even bigger rally, which after another Bull Flag, it peaked just above the 2.618 Fibonacci extension in early November 2021. Sui is so far enjoying the first post Bull Flag rally, by making a new All Time High (ATH). Their 1W RSI sequences are also fairly similar. We expect the recent 2-week pull-back to resume the uptrend and as long as the 1W MA50 (blue trend-line) holds and continues to offer support, attempt to reach as high as possible within a 1-year time-frame. If that's on the 2.618 Fib, as Solana did, then look towards a $40.00 Target. Now would that make Sui the Solana killer? No, but it will be interesting to see if it will indeed follow in its footsteps. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:SUIUSDLong
by TradingShot
4
$GRASS Surges Amid Airdrop Controversy, Eyeing Bullish BreakoutThe $GRASS token has been making waves in the crypto space, with an ambitious vision to build the internet's first user-owned, open-scale web-crawling network. Aiming to democratize the control of information, Grass Network is setting out to rival the tech giants that currently monopolize web-crawling capabilities, empowering its community of over 3 million users to scrape vast amounts of data for AI applications. Despite facing technical setbacks, recent trading activity and price action suggest the token has strong bullish potential. The Vision Behind Grass Network Grass Network intends to disrupt the centralized control over the internet’s knowledge graph, a lucrative arena currently dominated by only two corporations with the infrastructure to crawl the entire web. Unlike its predecessors, Grass is creating a decentralized, user-owned knowledge graph by mobilizing millions of users as nodes, contributing to a vast pool of internet-scale data for AI models. This transformative vision holds immense potential, as decentralized data access could power AI development while keeping the control in the hands of the community. Recent Price Action and Airdrop Controversy The price of $GRASS has seen volatility following an 8% surge, currently trading around $0.871075. This increase comes on the heels of an airdrop intended to reward early adopters, distributing 10% of the total supply to users on the Solana network. However, the airdrop encountered significant issues: Phantom Wallet, a widely used Solana wallet, faced technical downtime as a result of the surge in demand. Users experienced system crashes, difficulties in accessing their tokens, and inaccurate balances, which prompted criticism of Grass Network’s preparedness for handling large-scale operations. Phantom Wallet has since restored functionality and announced that its team would continue monitoring the situation closely to ensure stability. Despite these issues, trading volume has spiked by 125%, reaching $244 million. The surge in demand indicates strong community interest and engagement, although the technical glitches reveal the challenges Grass Network must overcome to manage such events at scale. Technical Analysis Analyzing the chart, $GRASS/USD is forming a symmetrical triangle pattern—a structure that often precedes a breakout. This pattern suggests price consolidation, potentially leading to a significant upward or downward movement. For $GRASS, several indicators point towards a bullish breakout: 1. Symmetrical Triangle Pattern: The pattern’s upper trendline serves as resistance, and a breakout above this line would signal a bullish continuation. 2. Relative Strength Index (RSI): The RSI currently sits at 53, well below the overbought level of 70. This value implies that $GRASS has room to continue its upward movement before facing overbought conditions, potentially supporting a bullish breakout if volume increases. The Road Ahead: Can $GRASS Reach New Highs? Despite trading at around $0.871075, $GRASS previously saw highs of $10 in pre-market trading on some exchanges, suggesting that investors believe in its long-term potential. The price range of $1 to $2 is within reach, as $GRASS can rally if trading volume and investor interest continue to grow. A breakout beyond the symmetrical triangle's upper boundary could reignite the bullish narrative and lead to a campaign towards $5 in the coming months. Key Price Targets: - Near-term target: $1.00 if $GRASS successfully breaks the upper trendline of the triangle pattern. - Medium-term target: $2.00 if demand remains strong, especially with the increased visibility and interest following the airdrop. - Long-term target: Potential revisit of $5, driven by Grass Network’s success in delivering on its vision and expanding its user base. Conclusion The Grass Network stands as a pioneering initiative, aiming to revolutionize how web data is accessed and owned. Despite facing challenges during its recent airdrop, the network’s decentralized, user-powered vision continues to attract significant interest from the crypto community. With favorable technical indicators and a unique use case that aligns with the decentralized ethos of blockchain, $GRASS has room to grow. Investors should keep a close watch on trading volume, key technical patterns, and updates from Grass Network to assess the potential for further bullish movement. In sum, $GRASS is more than just a cryptocurrency—it represents a shift towards a decentralized, user-controlled knowledge ecosystem. For traders and investors, the current technical setup presents promising opportunities, particularly if Grass Network addresses operational issues and continues to expand its influence in the blockchain space.
Long
by DEXWireNews
SOL/USDT: Bull Flag Breakout: Potential 10x Opportunity Ahead!Hey everyone! If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates! SOL is looking very promising on the higher time frame. It’s breaking out of a bull flag structure on the 2-day chart. We’re just waiting for one more candle for confirmation, but once confirmed, SOL could be set for a potential 10x move. Consider accumulating on dips! Entry Range: $145 - $175 Target: $800 - $1000 What do you think of SOL’s current price action? Are you spotting this bullish setup too? Share your analysis in the comments, and let’s ride this wave together!
Long
by CoreCrypto1
4
SOL small correction and growthBINANCE:SOLUSDT On solana we closed the trade perfectly as soon as I noticed the selling. Now the correction that I was talking about earlier has started. On the chart I have marked the 168.5-170.5 zone - this is the zone we need a correction to. Also on the chart you can see 2 levels, which can also become a reversal level. Now we expect the movement to these trigger zones. I advise not to open any trades before that, even if it turns from the current ones.
Long
by DirectorTradinga
Why $POPCAT Could Be a Long-Term Contender in Solana BlockchainPopcat (SOL), a Solana-based meme coin, is grabbing attention within the crypto market due to its recent price performance, robust growth, and high trading activity. The meme coin, based on the widely popular Internet meme featuring the cat 'Oatmeal,' has gained traction with an impressive rise from $0.93 to $1.60, showing a 41% increase in the last 30 days. As of this writing, $POPCAT trades at $1.53, supported by a 24-hour trading volume of $87.2 million and a market cap of $1.4 billion. The Power of Solana’s Ecosystem The Solana blockchain is renowned for its fast, low-cost transactions, making it a fitting platform for meme coins and other highly traded assets. The network’s ecosystem has shown significant growth, with recent trading volume on Solana reaching $15.7 billion—nearly double Ethereum’s volume. Popcat (SOL), as part of the flourishing Solana ecosystem, benefits from the chain’s scalability and low transaction costs, which are crucial for meme coins that often experience high trading volumes and rapid transactions. Furthermore, Raydium, a Solana-based decentralized exchange (DEX), has been closing in on Ethereum’s Uniswap in terms of trading volume across multiple networks. Raydium's $9.7 billion volume against Uniswap's $11.1 billion underscores Solana's expanding influence in the decentralized finance (DeFi) space. For Popcat (SOL) and similar meme coins, these advancements in Solana’s infrastructure bring increased exposure, liquidity, and trading opportunities. Technical Analysis: Will $POPCAT Reach New Highs? Popcat (SOL) is currently positioned with a bullish outlook, reflecting a 13% increase over the past week and ranking 6th in market capitalization within CoinMarketCap’s meme coin sector. From a technical perspective, Popcat has consistently traded within a rising channel, indicating strong bullish momentum. The Relative Strength Index (RSI) sits at 60, a neutral yet bullish sign showing that while the coin is neither overbought nor oversold, there is room for continued upward momentum. The monthly price chart shows a falling wedge pattern—a bullish reversal indicator—that pushed Popcat to its current highs. With resistance anticipated at $1.80, the token could face a pullback to the support level around $1.39 if Bitcoin or Solana experience price fluctuations. This range-bound activity may offer new entry points for investors, potentially paving the way for further gains if buying sentiment remains strong. Given the market’s optimistic sentiment and potential catalysts on Solana, $POPCAT could soon aim for its all-time high (ATH) of $1.67, and possibly break through to $2. This forecast aligns with ongoing upgrades and developments within the Popcat (SOL) project, which could drive fresh interest and increased trading volume. Market Sentiment and the Meme Coin 'Super Cycle' A strong crypto market sentiment, particularly driven by Bitcoin's performance, could further amplify Popcat's price action. The expectation of a potential ‘meme coin super cycle’ in 2025 has prompted speculation around the coin's future potential. If these trends hold, Popcat's position within the meme coin ecosystem and its Solana backing could make it a significant player in the next cycle. Popcat’s Market Metrics and Growth Potential 1. Trading Volume: Popcat (SOL) has seen a 112.90% increase in 24-hour trading volume to $195,423,925, signaling strong market interest and activity. 2. All-Time High: The coin reached its ATH of $1.67 on October 24, 2024, making the current price 7.71% lower than this high. 3. Market Cap: With a market cap of $1.51 billion, Popcat ranks #61 on CoinGecko and #54 on Coinmarketcap , making it a notable player within the meme coin sector. 4. Price Performance: Over the past week, Popcat has outperformed both the global crypto market, which declined by 1.00%, and similar meme coins, which fell by 3.60%. Conclusion For those closely monitoring meme coins and Solana-based assets, Popcat (SOL) appears to present an appealing investment opportunity. Its recent price momentum, bolstered by a robust Solana network and high trading volume, positions $POPCAT well for potential growth. While short-term resistance may cause minor pullbacks, the broader outlook suggests further gains are achievable, particularly if Solana continues its ecosystem expansion. Whether $POPCAT can reach or exceed the $2 mark will depend on broader market movements, particularly those of Bitcoin and Solana, but its technical indicators and ecosystem support present a compelling case for growth.
RAYDIUM:POPCATSOL_FRHB8L.USDLong
by DEXWireNews
BTC and SOL Form Bullish Cup and Handle PatternBINANCE:BTCUSDT and BINANCE:SOLUSDT technical analysis update. BTC and SOL are showing similar chart patterns, each forming a cup and handle. Currently, both SOL and BTC prices are trading within the handle, moving toward a potential breakout. If this breakout occurs, we could see a strong bullish move in both assets. SOL has already risen 2600% from its bottom, and a breakout could potentially lead to a further 200-500% increase. BTC, on the other hand, has gained 360% from its bottom, and a breakout from this cup and handle pattern could yield an additional 100-200% upside.
Long
by HexaTrades
ATCryptoScan: SOLUSD, Solana, the sunshineWeekly SOLUSD chart shows an indicative picture perfect Bullish burst. 1. MACD and VolDiv crossover on the bullish territories. The last time this might have happened would be about July 2021 (VolDiv had not enough data to be plotted atat that time); 2. a large consolidation since early 2024 appears to be breaking out and a potential break on the long term trendline is indicative with favourable technical indication; and 3. Fibonacci retracement saw a 61.8% pullback for the base which never broke down and during this time, VolDiv was trending up So heads up... SOLUSD has a projected target price of about 336 around mid-2025.
BINANCE:SOLUSDLong
by Auguraltrader
2
SOLANA (SOLUSDT): Bullish Momentum Achieves All Targets!SOLANA (SOLUSDT) Analysis: Bullish Momentum Achieves All Targets! Time Frame: 15-minute Trade Type: Long Entry: $168.54 Stop Loss (SL): $167.82 Targets (TP): TP1: $169.43 - Achieved ✔️ TP2: $170.86 - Achieved ✔️ TP3: $172.30 - Achieved ✔️ TP4: $173.19 - Achieved ✔️ Technical Overview: Solana (SOLUSDT) displayed a strong bullish trend, successfully hitting all projected targets in the 15-minute timeframe. The price maintained an upward trajectory supported by the Risological dotted trend line (a custom trend indicator) reflecting solid market support and increasing momentum. Key Stats: Volume: 2.91M (compared to an average 30-day volume of 14.55M) Performance: 1 Week: +9.02% 1 Month: +11.98% 3 Months: -5.79% (slight retracement) 6 Months: +26.41% Year-to-Date (YTD): +71.06% 1 Year: +448.54% (significant yearly growth) The successful completion of all targets showcases strong buying interest and consistent volume support. With a sharp yearly growth rate, Solana’s current performance aligns well with its historical bullish trajectory. Traders who entered at the set entry point reaped the benefits as SOL maintained its bullish momentum.
Long
by ProfitsNinja
Raydium - Load The Truck Raydium. Higher 24H Fees Generated Than ETH 800M Mcap, 1.6b FDV Breakout against BTC.. Nobody uses Jupiter.. Raydium is where it's at.. Pump.Fun is the real catalyst for this bull run, and Raydium is the LP they've partnered with.. It's not just a DEX...Raydium grants you , with no experience, and no money.. the power to create your own currency celebrating your overweight cat.. and give people something to believe in. But it also allows people to create communities around things that matter.. community is the new narrative. People believing in something is the spark of this new movement. Doge was the first crypto example.. GME and AMC were the first trad fi examples .. Then came the OG memes DOGE, SHIB... The space grew to other chains.. PEPE.. BOME... WIF... Then .. bang. Tweets are being tokenized. Videos are being tokenized.. The merge is happening, between media and money... And it's Raydium at the center of it Raydium is the pick. Just buy it and don't think about it until end of 2025. Initial target, depth of the cup.. 700ish% against BTC (while btc is breaking out we're assuming).. so 20x in USD more or less.
Long
by sengleadevelopment
Honestly, I don't feel like explaining, the chart says it all !!SOLUSDT is in the ascending phase by the cup and handle. SOL is in a large C&H if it follows these pattern, the price will have a nice rally. ⭐The pattern increases the price by the amount of the measured price movement (AB=CD). ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard .💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
6
SOL will soon be bearishWave F of our diametric was an ABC, wave C of this diametric is ending. In the red zone, the correction can end and the price enters the G wave. We are looking for sell/short positions in the red range. With Solana drop, the currencies that are on Solana network also seem to drop (MEW, MYRO, WIF, etc.). Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
US Spot Bitcoin ETFs Reverse Inflow StreakMarket Update - October 25, 2024 US spot bitcoin ETFs saw $79 million in net outflows Tuesday, reversing a seven-day inflow streak that had brought in over $2.6 billion:  The outflows came mainly from Ark and 21Shares' ARKB fund. Bitcoin prices inched closer to $70,000 at the start of the week when futures open interest surged to over $40 billion:  But prices subsequently pulled back mid-week as investors pared their gains. Tether’s USDT has hit a record $120 billion market cap, which could set the stage for a bullish October finish in the crypto market:  Historical trends suggest that a rise in stablecoin supply can precede rallies in bitcoin and ethereum. Bitcoin's hashrate has reached a new peak of 703 EH/s, a 6% gain over the past week:  This surge coincides with higher mining profitability as transaction fees rise and Bitcoin's price strengthens. Binance exec leaves prison:  Binance’s Tigran Gambaryan was released from Nigerian prison Wednesday so he can receive medical treatment for the numerous ailments he suffered while in captivity. US Spot Bitcoin ETFs Record $79 Million in Outflows, Ending Seven-Day Inflow Streak After a week-long run of positive net inflows, US spot bitcoin ETFs reported a shift back to the negative on Tuesday, with net outflows totaling $79.09 million. It was ARKB fund from Ark and 21Shares was responsible for the entirety of these outflows, losing nearly $135 million. Despite the overall outflows, some funds still recorded gains. BlackRock’s IBIT, the largest spot bitcoin ETF by net assets, attracted just under $43 million, while Fidelity’s FBTC saw $8.85 million in inflows. The recent outflows bring the cumulative net inflows for the 12 spot bitcoin ETFs down to $21.15 billion as of Tuesday. Trading activity also slowed, with the total daily volume for these ETFs declining to $1.4 billion from $1.76 billion the day before. This reversal comes after the ETFs saw more than $2.67 billion in net inflows over the past seven trading days, a figure similar to their peak inflow levels recorded in March this year. Spot ether ETFs saw more positive activity, with net inflows of $11.94 million on Tuesday – all from BlackRock’s ETHA. Other ether ETFs recorded no change. Trading volume for ether ETFs also noticeably dropped to roughly $118 million on Tuesday, down from around $163 million the previous day. 🕸️ Topic of the Week: Web 3.0: The Next Evolution of the Internet 🫱 Read more here
GEMINI:BTCUSD
by Gemini
Phemex Analysis #31: Is SOL Ready for a Breakout?PHEMEX:SOLUSDT.P has exhibited a steady upward trajectory, climbing from $138 to $179 in October. This surge has ignited anticipation among investors, with many predicting a resurgence of the Solana bull run. To capitalize on this potential, it's crucial to identify key support and resistance levels that could significantly influence SOL's price movement. 1. Strong Resistance Zone: $181 - $193 This price range has acted as a formidable barrier in the past, rejecting price increases on May 21st and July 30th. If Solana can successfully break through this resistance zone, it could pave the way for a continuation of the uptrend, potentially driving the price towards $210. Traders might consider entering long positions at this breakout point and taking profits around $210, or holding for further gains. However, there's also a risk of rejection at this resistance level. If the price plummets sharply with a large red candle, it could signal a potential downturn, leading to a drop towards the support zones. 2. Intermediate Support Zone: $140 - $126 If Solana encounters resistance at the $181-$193 zone, traders might consider shorting the asset with a take-profit target at the intermediate support zone. For long-term holders, buying the dip at this support zone during a potential retracement could be a strategic move. 3. Strong Support Zone: $105 - $93 While this is the least likely scenario, it's essential to be prepared for a potential drop to the strong support zone. However, given Solana's growing fundamental strength, with more projects onboarding the Solana blockchain and the anticipation of a Solana ETF, a significant price decline seems less probable. Conclusion Solana's price action is influenced by key support and resistance levels. By carefully analyzing these zones, traders can make informed decisions about when to enter and exit positions. While the bullish sentiment surrounding Solana is strong, it's crucial to maintain a balanced perspective and be prepared for potential market volatility. Tips: Elevate Your Trading Game with Phemex. Experience unparalleled flexibility with features like multiple watchlists, basket orders, and real-time adjustments to strategy orders. Our USDT-based scaled orders give you precise control over your risk, while iceberg orders provide stealthy execution. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
Support Zone: 168.46-171.63 Hello, traders. If you "Follow", you can always get new information quickly. Please click "Boost". Have a nice day today. ------------------------------------- (SOLUSDT.P 1M chart) The important zones are three zones. - 171.63 - 137.04-147.56 - 101.78 Therefore, you can trade depending on whether there is support near 171.63. - (1W chart) The location of the BW (100) indicator is 202.68. Therefore, the point to watch is whether it can rise from around 171.63 and rise above 202.68. If not, since the HA-High indicator on the 1W chart is formed at the 168.46 point, we need to check for support around 168.46-171.63. If it falls below 168.46, we need to check for support around 137.04-147.56. - (1D chart) The HA-High indicator on the 1D chart is formed at the 179.77 point. Therefore, the key is whether it can support around 179.77. Currently, the StochRSI and StochRSI EMA indicators are in the overbought zone and the BW indicator is at the highest point (100). Therefore, although it is showing strong upward strength, it will show a downward trend as the downward pressure increases over time. At this time, the point to watch is whether it can receive support around 168.46-171.63. If it receives support, I think it is highly likely that it will lead to an upward trend to rise above the 202.68 point as I mentioned earlier. If not, and it falls, we should check whether there is support around 158.39, where the M-Signal indicator on the 1D chart is passing. - The arrow was created because the BW indicator touched the 100 point. Since it has been maintaining the 100 point since then, the BW (100) line is not created. If the price shows a downward trend, it will show a trend of creating the BW (100) line. Therefore, it is recommended to proceed with trading according to the movement after the BW (100) line is created. Therefore, it can be seen that the possibility of the BW (100) line being created at the 179.77 point is increasing. Therefore, it is necessary to check whether it is possible to enter a short-term SHORT position. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that a full-scale uptrend will begin after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (overshooting) 4th: 134018.28 151166.97-157451.83 (overshooting) 5th: 178910.15 These are points where resistance is likely to occur in the future. We need to check if these points can be broken upward. We need to check the movement when this section is touched because I think a new trend can be created in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start forming a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto