SOLUSDT - Solana End of Cycle
Hi Everyone
Update on Solana:
SOL was early to run during this bull cycle. Because SOL and ADA ran really early and hit their ATH's way before even Ethereum, I am analyzing them separately. The Fib method that we have been using so far to determine price targets will not apply to these two coins because we do not have enough historic data.
Personally, I think they have done their parts and their profits have been rotated into other markets HOWEVER they could still be dragged up a little with market euphoria.
To summarize - I'm not saying these 2 can't go higher, but if you are late to this bull run and looking to make a quick buck, these two coins might not be your best option for now (NOT TALKING about accumulation).
Have a great weekend
Ev
Update on Solana:
SOL was early to run during this bull cycle. Because SOL and ADA ran really early and hit their ATH's way before even Ethereum, I am analyzing them separately. The Fib method that we have been using so far to determine price targets will not apply to these two coins because we do not have enough historic data.
Personally, I think they have done their parts and their profits have been rotated into other markets HOWEVER they could still be dragged up a little with market euphoria.
To summarize - I'm not saying these 2 can't go higher, but if you are late to this bull run and looking to make a quick buck, these two coins might not be your best option for now (NOT TALKING about accumulation).
Have a great weekend
Ev
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