RUNE: $6.55 | for 2023 Homerun at $120 levelslike SOLANA LUNA and the rest of big ticket items of Silicon Dubai Funds.. this one is in play for float to be taken over and peddel to $100 levels by Q4
in time for QATAR 2022 fifa fever
Solana
Solana (SOL): Will it Rebound Back to $170 or Slip Down to $150?With the resurgence of memecoin mania, Solana also received significant momentum. The bulls used all their strength to keep the value above $180 but the growing bearish strength caused a notable pullback. As a result, the SOL price is consolidating strongly within a narrow range of $163 to $172, indicating the possibility of a large move ahead.
While the crypto markets have been outpowered by the bears, can the SOL price initiate a fresh upswing to nullify the selling pressure?
Ever since the start of the rally in March, the SOL price has demonstrated its strength by marking highs above $200 a couple of times. However, a rejection followed, causing a 40% loss in value. Regardless of this, the current trade set-up suggests the bulls to be holding a tight grip over the rally and hence demonstrate a higher possibility of reclaiming $180 in the first few days of June.
As suggested in the above chart, the SOL price continues its trade within a symmetrical triangle and is currently holding above the local support zone between $155 and $160. The tight accumulation has occurred due to the equal participation of the bulls and bears and hence this suggests a huge price action could be on the horizon.
Besides, the technicals suggest a notable change in the trend as the Gaussian channel just turned green, indicating the beginning of an upswing. Moreover, the price is closely ranging just below the upper bands of the channel and if they manage to break above the levels, a fresh upswing may begin. Secondly, the stochastic RSI has also reached below the lower threshold and could be preparing for a rebound, substantiating the bullish claim.
Therefore, Solana’s (SOL) price continues to remain within bullish influence and hence a bullish breakout above $175 may be expected at the beginning of the second half of 2024.
WHITEBIT:SOLUSDT
BODEN isn't out of the race yet. The token remains channel bound.
The chart provides a clear explanation, showing a lot of activity.
It could still be in the accumulation phase, as the selling pressure continues to decrease, indicated by low-volume bars.
There's no reason to be bearish yet, but that could change at any moment.
DISCLAIMER: This is not financial advice (NFA); please conduct your own research before making any investment decisions.
Solana's Phantom Wallet Introduced Bitcoin Ordinals integrationSolana ( CRYPTOCAP:SOL ), the popular cryptocurrency, has been regaining attention as it hosts Bitcoin Ordinals on its associated Phantom Wallet. The platform has announced that Bitcoin support is now out of beta and available to everyone, eliminating the need for users to rely on centralized exchanges or unfamiliar wallets for collecting Ordinals. The team of developers at Phantom has dedicated themselves to enhancing the Bitcoin experience since its beta debut in December 2023.
Users can now buy and sell Ordinals and BRC-20s through various apps such as Magic Eden, Atlas 3, Ordinals Wallet, UniSat, BeFi Labs, Matrica Labs, Ordiswap, Hello, and Gamma. Solana's low cost and high-speed network attracts users due to its low cost and high-speed network. PayPal recently expanded its stablecoin, PYUSD, to the Solana ( CRYPTOCAP:SOL ) network, marking a significant leap in expansion for the online payment platform.
The Phantom Wallet offers comprehensive crypto management, including recursive inscriptions and ledger compatibility. Users can securely manage their Bitcoin, Ordinals, and BRC-20s in one account through the mobile app and browser extension. The Collectibles tab allows users to discover and manage rare sats, check total sat amounts, and view "satributes" for each UTXO. Additionally, Phantom offers simple address management, enabling Native Segwit, Taproot, or both.
This comeback simplifies the process of transferring and buying Bitcoin instantly, offering a comprehensive and streamlined experience for all crypto needs.
Solana ( CRYPTOCAP:SOL ) has manage to regain the $170 pivot again validating its position as the third to Ethereum ( CRYPTOCAP:ETH ). The Altcoin has a Relative Strength Index (RSI) of 55.62 which is primed for a trend reversal. In the short term, Solana's ( CRYPTOCAP:SOL ) daily price chart shows a rising trend pattern from an initial falling wedge pattern.
SOL longSolana bounced off the ascending trendline and the support level. The bullish movement to 201$ is expected to happen.
$SOL break down the trend line#sol #solana price needs to reclaim the trend line zone, therefore #solusd will perform a bearish retest. Unsuccesful retest will likely bring a dump or reclaiming the zone will invalidate.
Calm before the storm!Solana, after forming a false breakout, is currently trading in a ranging pattern. This indicates a period of consolidation and indecision in the market.
Given this situation, it seems that Solana is experiencing the calm before the storm. This consolidation phase might serve as a preparatory stage for a strong upward or downward movement.
SOL: Pullback in UptrendTrade setup : Price is in an Uptrend. Pullback near $160 support and long-term up trendline ($143) could be an attractive swing trend entry in Uptrend, with +25% upside to $200. Stop Loss (SL) level at $140.
Pattern : Pullback in Uptrend . Price remains in an Uptrend but has pulled back, which could present a 'buying dip' opportunity. Traders should look for the nearest support level where price could stabilize and resume its Uptrend. This support level could be a level where price bounced off of in the past, or a level that was previously resistance. (concept known as polarity).Learn to trade key levels in Lesson 3.
Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $160.00, then $125.00. Nearest Resistance Zone is $200.00.
KMNO Long Bottom - Mirrors Sol Weekly ChartKamino is a token on Solana that you can stake and also use for liquidity to earn bonus rewards on their defi borrow lend program
Solana Weekly Chart is identical to Kamino
Long @ 0.054 - 0.056 range
TP @ 0.075 area
or hodl for $0.09+ and possibly new ATH
KUCOIN:KMNOUSDT
JTO longJito bounced off the support level and the ascending trendline. The bullish movement to the resistance level at $4.9 is expected to happen
Solana Stumbles at $190: Can the Rally Hold?Solana (SOL), a prominent blockchain platform known for its fast transaction speeds, faces a hurdle in its current price uptrend. Despite a 5% rally on , on-chain data suggests challenges that could hinder SOL from decisively surpassing the $190 resistance level. Let's delve into the factors contributing to this hesitation.
Resistance at $190: A Psychological Barrier
The $190 price point represents a significant psychological barrier for SOL. It previously acted as a support level in early 2024, but after a period of decline, it now presents resistance for the bulls trying to push the price higher.
Breaking through resistance levels often requires significant buying pressure. If buyers are hesitant or lack conviction, the price can struggle to overcome this hurdle and may even fall back.
On-Chain Data Paints a Mixed Picture
While the price action shows a short-term upswing, on-chain data, which analyzes activity on the Solana blockchain, paints a less clear picture. Here's a breakdown of two key metrics:
• Network Activity:
Recent data suggests a stagnation in Solana's network activity compared to its competitors. While SOL's price rose, the number of transactions and active users haven't seen a proportional increase. This could indicate a lack of organic growth and user adoption, which are crucial factors for sustained price appreciation.
• Impact of Inflationary Proposal:
A proposed change to Solana's tokenomics, SIMD-0096, has sparked debate. While some argue it will increase network security, others believe it could lead to higher inflation for SOL. This uncertainty might be discouraging some investors from entering the market.
External Factors Affecting SOL
The broader market sentiment also plays a role in SOL's price movement. The recent approval of an Ether (ETH) exchange-traded fund (ETF) in the US may have drawn some investment away from alternative blockchains like Solana. Investors may be shifting their focus towards established players like Ethereum, potentially impacting SOL's short-term momentum.
What to Watch Out For
For SOL to overcome the $190 resistance and maintain an uptrend, several factors need to be monitored:
• Network Activity: A significant increase in transactions and active users on the Solana network would be a positive sign, indicating organic growth and potential for further price appreciation.
• Clarity on Inflationary Proposal: If the community reaches a consensus on the SIMD-0096 proposal, and its impact on inflation is well-understood, investor confidence in SOL could improve.
• Overall Market Sentiment: A positive performance by the broader cryptocurrency market would create a tailwind for SOL, potentially aiding its breakout above $190.
Conclusion
Solana's recent price rally is encouraging, but the resistance at $190 and mixed on-chain data pose challenges. Network activity, the outcome of the inflationary proposal, and overall market sentiment will be crucial factors to watch in the coming days and weeks. If SOL can overcome these hurdles, it could pave the way for a more sustained uptrend. However, if the price falls back from $190, it may indicate a need for more fundamental developments to drive long-term growth for the Solana ecosystem.
PENG looks ready for the next leg up! A successful escape from the demand zone (green box) with increasing volume, and sticking to the fib levels, we could see this shit test the supply zone (red box) in the next few days.
The penguin theme meta is booming on Solana, and PENG is especially prepared for this since it's available to be traded on centralized exchanges.
DISCLAIMER:
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied by MysticMads. This is for educational purposes only.
JENNER | Potential 10x | The power of celebrity and social mediaOkay guys, i will keep this analysis pretty short.
Yesterday Caitlyn Jenner have posted several videos and posts about a token launch on Solana. Many claims it is a scam, it can be, however already there are 19 000 unique holder of the token, and the price dropped, but now we are at almost a new ATH..
This is your time now to decide, it is so early.
But ! keep in mind, that if this is some sort of scam, and if they dump the price, save what you can!
NEVER SLEEP ON THIS BAG!
Already tehre is a TW post about it:
www.tradingview.com
The proper token address is:
4GJ3TCt5mTgQT5BRKb14AkjddpFQqKVfphxzS3t4foZ9
I am sharing this with you, because for some reason i got a lot of subscription and attention because of my CRYPTOCAP:WIF and NYSE:GME call. I think you deserve this.
But again, this is not a financial advise, i mostly doing these idea posts for myself to preserv the actions I did.
Comment if you are in! :)
Solana - Why You NEED THIS Indicator📢COINBASE:SOLUSD
SOL is flashing some bullish signs on the indicator and it seems that we're gearing up for another move towards the upside. This is the indicator that I used to call the new BTC bullish cycle in November last year, as seen below:
In 3 short minutes, we'll discuss the functionality of this technical indicator and why it's really helpful when monitoring the market.
Make sure you don't miss my most recent update on BTC, and why I say another ATH is imminent:
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I am buying Duko | a meme on Solana I am buying Duk on Solana .
High risk . This meme has a strong community . 💜
$SOL Long - King-Maker this CycleIf you have been following me, you know I have been tracking CRYPTOCAP:SOL since $8
CRYPTOCAP:SOL does everything CRYPTOCAP:ETH does, except at instantaneous speed and 0 transaction fees ( CRYPTOCAP:ETH takes 10 seconds+ and costs $10+ each transaction).
I have been following this CRYPTOCAP:ETH fractal since $8 on CRYPTOCAP:SOL (see prior posts).
We are in a clear up-trend.
Up-Trends are your FRIEND in bull markets.
Do not make this more difficult than it needs to be.
CRYPTOCAP:SOL is going SO much higher.
NFA GL HF.
-@CryptoCurb
🚧Solana is Ready for Correction🚧🔄This post is in line with the "🗺️ Solana Roadmap 🗺️" post that I shared with you a few days ago( in a daily time frame ).
⏰In this post, we go to the lower time frame to check the Solana(SOL) .
🏃♂️ Solana(SOL) is moving near the Resistance lines and 🟡 Potential Reversal Zone(PRZ) 🟡 in the 4-hour time frame .
🌊According to the theory of Elliott waves , Solana(SOL) seems to have succeeded in completing microwave 5 of the main wave C . ( If the Uptrend line breaks, we can confirm the end of the main wave C. ).
🔔I expect Solana(SOL) to go down to at least the Support line after breaking the Uptrend line .
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Solana Analyze ( SOLUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Solana bearish feelingThis is not a financial advice, I'm just expressing my first thought how Solana price may move.
Think of this as my personal prediction, to later evaluate, as of how accurate I was.
Why I feel bearish:
The memecoin ecosystem, in Solana DeFi, is packed with con artists, that find ways to trick the masses into "investing" in fraudulent schemes, consequently resulting in a loss of interest by the fresh rookies, that find their way into Crypto.
Testing the upward trendlineSolana is currently testing its upward trendline on the daily timeframe. If the price stabilizes above this line, it can be expected to move towards the next resistance level. It is noteworthy that confirmation of the upward trendline breakout and higher trading volume can serve as stronger indicators for continued upward movement.
SOL/USDT Secondary trend (part). Triangle. 1 10 2023Logarithm. Time frame of 3 days. Secondary trend (part). A very clear ascending triangle has been formed. The price is being driven to its resistance at the moment. There may be a pullback from it, and then we will see. While the price is in the triangle (until the decoupling), it is hardly rational to open a position from the position of risk management. The reversal zones are shown on the chart. Percentages of formation targets are similarly shown as most traders see them. To “take profit” you should always take less than “expected” by the majority.
Line chart.
Major trend. Time frame 1 week.
SOL/USD Main trend. Cycles.
Risk management XXX. .
It is extremely important, on such HYIPs, over pumped (“bottom” is not even shown on the price chart, not fair competition, fund prices) to observe risk management. Take profit long/short and forget it. Work in parts of the position. Limit potential losses, protect profits if price moves according to your plan. Don't catch lows and highs, it's not necessary.
Solana's Phantom Wallet Spike in Popularity, Surpasses Facebook Solana's Phantom Wallet, a popular app for accessing Solana's web3 ecosystem, has surpassed Facebook and ChatGPT in the Google Play Store's U.S. rankings. Currently ranked #11 behind Cash App and Snapchat in the free download category, it saw an estimated 770,000 downloads in April. Phantom Wallet, originally designed to hold only Solana ( CRYPTOCAP:SOL ) tokens, has since expanded to support Bitcoin, Ethereum, and Polygon.
It also secured the third position in the Apple App Store's utility category, just behind Google and Google Chrome. In April, it reported over 7 million active monthly users, a sign of growing adoption. The token was trading just above $168, marking a modest 1.35% increase in the last 24 hours and a 16.9% jump over 30 days.
Technical Outlook
Solana ( CRYPTOCAP:SOL ) is down by 0.26% trading with a Relative Strength Index (RSI) of 54.48 which is poised for a trend reversal. Despite the token sale from FTX, Solana was able to retain the $160 support level.
ALTCOINS that are STRONG Right Now🚀Yesterday we took a look at altcoins that are not doing great - today we'll list a few alts tat are performing well and still have further upside potential.
👍 TRBUSDT
👍SOLUSDT
If Solana can CLOSE above $150, it is highly likely that the Elliot Wave theory is still in place:
👍 RUNEUSDT
👍 BNBUSDT
BNB is looking strong, it's likely we'll see a new ATH soon:
👍 FRONTUSDT
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BINANCE:DOGEUSDT BINANCE:RUNEUSDT BINANCE:TRBUSDT BINANCE:SOLUSDT BINANCE:BNBUSDT BINANCE:FRONTUSDT.P
SOL/USDT planning bullish reversal from key support? What Next💎 Paradisers, get ready for a thrilling opportunity with #SOLUSDT as it displays signs of a potential bullish reversal from its support level.
💎 In the past, we've observed #Solana rebounding from support only to be halted by a strong rejection at the $159.64 supply level. Currently, the price is once again nearing the key support at $123.12, following an ascending support line. If it successfully reclaims this level and maintains momentum, there's a high chance it will embark on a bullish journey towards the robust resistance level of $204.64.
💎 As savvy traders, we must explore all possibilities. If the price of CRYPTOCAP:SOL fails to sustain its momentum at this key support and drops below, we anticipate a possible bullish rebound from the lower demand level at $105.92. This level has shown resilience thanks to significant liquidity, having previously upheld this demand zone. However, breaking below this level could lead to a substantial downward movement.
MyCryptoParadise
iFeel the success🌴
