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Solana Breaks Through $32 Resistance! $40 Next Target? I have some exhilarating news to share with you today that will surely put a smile on your face. Solana has just made a groundbreaking move by surging past the $32 resistance level, signaling a strong bullish trend for our favorite cryptocurrency. But that's not all! The momentum is building, and experts in the field are now eyeing the next target for Solana: $40! Yes, you heard it right. With the recent surge in value, Solana is on the verge of hitting this significant milestone, and the excitement is palpable. Why is this such a big deal, you may ask? Well, Solana's impressive performance is a testament to its growing recognition and adoption in the crypto space. Its lightning-fast transaction speeds, low fees, and robust ecosystem have captured the attention of investors and developers alike. As a result, Solana's value has been steadily climbing, making it one of the hottest cryptocurrencies to watch. Now, here comes the exciting part: I invite you to join the Solana revolution and seize this incredible opportunity. By going long on Solana, you can potentially reap the rewards of its upward trajectory. With the $40 target in sight, now is the perfect time to consider adding Solana to your investment portfolio. Here's a quick call-to-action for you: 1. Research: Dive deeper into Solana's technology, its partnerships, and the latest developments. Understanding the fundamentals will help you make informed decisions. 2. Strategize: Evaluate your investment goals and risk tolerance. Consider consulting with a financial advisor or doing your own analysis to determine the best approach for your unique situation. 3. Take Action: Once you have gathered all the necessary information, take the leap and start your journey with Solana. You can purchase Solana on popular cryptocurrency exchanges like Binance, Coinbase, or Kraken. Remember, investing in cryptocurrencies involves risks, but it also offers the potential for significant rewards. So, why not ride the wave of optimism surrounding Solana and potentially benefit from its upward momentum?
COINBASE:SOLUSDLong
by bryandowningqln
Solana's Potential Breakout to $55 - It's Time to Long! If you've been keeping an eye on the market lately, you might have noticed Solana's impressive performance. This blockchain platform has been making waves and gaining significant attention from both investors and traders alike. With its lightning-fast transaction speeds and low fees, Solana is proving to be a formidable competitor in the crypto space. But what's got me truly pumped up is the recent price action and technical analysis surrounding Solana. The charts are indicating that SOL is ready to embark on a remarkable journey towards the upper target of $55. This breakout could be a game-changer for those who take advantage of the opportunity to long Solana at its current price levels. So, why am I so confident about Solana's potential? Let's dive into the details: 1. Bullish Momentum: Solana has been exhibiting strong bullish momentum, with consistent higher highs and higher lows on the charts. This upward trend suggests that there is a growing demand for SOL, and the market sentiment is overwhelmingly positive. 2. Supportive Volume: The recent surge in trading volume for Solana is a clear indication of increased market interest. Higher trading volume often accompanies significant price movements, and it reinforces the likelihood of a breakout to the upper target. 3. Technical Indicators: Various technical indicators, such as moving averages and oscillators, are aligning favorably for Solana. These indicators suggest that SOL is currently undervalued and poised for a potential upward movement. Now, here comes the exciting part - the call-to-action! If you're as enthusiastic as I am about Solana's potential breakout, I strongly encourage you to consider taking a long position on SOL. By doing so, you'll be well-positioned to ride the wave of this anticipated price surge and potentially reap substantial profits. However, as with any investment, it's crucial to conduct your own research and make informed decisions. Keep a close eye on the market, study the charts, and evaluate your risk tolerance before making any trading moves. Remember, timing is key when it comes to seizing opportunities in the crypto market. So, don't delay! Take action now and position yourself for a potentially rewarding journey with Solana. Feel free to reach out if you have any questions or if you'd like to discuss further trading strategies. Let's make the most of this exciting opportunity together!
COINBASE:SOLUSDLong
by bryandowningqln
SOL/USDT Mid-term Potential movement Solana Today Analysis Hello Paradisers, spotlight on this token! 💎 SOL has recently broken a support bullish trend, with potential continuation downwards post-retest. 💎Currently, SOL is navigating its demand zone and must reclaim the support trend to aim for a bullish trajectory. 💎However, if SOL struggles to reclaim and pierces through the demand, it might descend toward the Bullish Order Block. 💎In this vicinity, keep an eye out for any robust rejections once SOL approaches the Bullish Order Block. Absence of bullish signals might see SOL venturing further down to a more formidable demand zone. Always remember to trade with prudent money management in place.
by MyCryptoParadise_Nathan
1
Coin Watch : Solana (SOL)The Solana blockchain and its token SOL have great days ahead of them, with their technical performance and growing ecosystem making this network a major player in the crypto space and the accompanying decentralization movement. It is still in the early stages of development, and the success of the project depends on the genuine intention of the developers to decentralize this blockchain. While the active presence of its CEO on social media suggests that the Solana Foundation remains closely involved in the functioning and adoption of its blockchain, the decentralization phenomenon will be necessary and essential for them to compete with Ethereum and the new actors of Web 3.0. The year 2023 started on all time low, we've seen 8$ down from 260$ (ATH) in 2021. It is now back to the 30$ and it could be only the beginning ? The weekly chart prints an ascending triangle with an horizontal resistance around 27.5$. The only issue is, an ascending triangle is often a continuation pattern. However the trend was bearish before. This is why we should still be careful. For people trading the breakout, 47$ is the target. On the daily however, it would not be wise to buy right now after a 60% move up, as people will want to take profit. Be patient, wait for the weekly close in 3 days, we could see an inverted hammer, or a confirmation of the breakout. Stay tuned!
by cyatophilum
Brief Analysis——SOLWe saw that SOL performed better than most other tokens last week, with an increase of nearly 32%. In 2022, affected by the FTX event, SOL, as a token held by FTX, experienced an obvious dump. Solana is an L1 blockchain, because of its high capability, many Cryptoers are still keen to use Solana even after dump. This is why its TVL is always in the top 10. At the daily level, SOL has remained moving in a range (16,28) throughout 2023. Beginning in late September, price started to rise and the volatility amplified. And it has broken through the upper rail of the range in the past few days. Trading volume has always remained average, with no significant increase. Judging from the ME indicator, the wavy area has changed from yellow to purple, but at the daily level, there is still the possibility of continuing to maintain fluctuation. In September, we can see from the MBF indicator that obvious bottom-buying sentiment accumulated at the starting point of the rise. On the WTA indicator, although the blue columns representing whales are not as long as them in mid-July, they still have appeared during the recent rise. There are no long red candles or long upward pin-bars after each rise in SOL (shown in the green area). So at the daily level, the rise is likely not over yet. Switching to the 4h level, SOL always remains above the purple wavy area, which means that SOL is in a bullish trend. But on the WTA indicator, this latest long green candle is not supported by whales. If a long red candle or a long upward pin-bar appears later, then a callback may be entered at this level. Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies. Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Long
by Sypool
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this SOL/USDT update from Crypto Sanders. Chart Analysis:- Solana (SOL) surged significantly higher in today’s session, after finally breaking its long-term ceiling at 25.00. After trading at a bottom of 24.17 on Thursday, SOL/USD jumped to an intraday high of 27.29 earlier today. Friday’s move is the highest point that solana has hit since July 20, when the price peaked at 27.35. As a result of this strong sentiment, SOL has risen into overbought territory, with the RSI climbing to a current reading of 74.60. A point of resistance now awaits current bulls at the 75.00 mark, and should they prevail, solana could capture 28.00. I have tried to bring the best possible results in this chart. If you like it, hit the like button and share your charts in the comments section. Thank you.
Long
by CryptoSanders9563
SOL's Potential Rise of 50% - Let's Ride the Wave Together!I hope this idea finds you in high spirits and ready for some exciting news! I couldn't wait to share with you the potential rise of SOL (Solana) that experts predict could reach an incredible 50% surge in the near future. It's time to buckle up and ride this wave of opportunity together! SOL has been making waves in the crypto market lately, gaining significant traction and capturing the attention of traders worldwide. With its innovative blockchain technology and a growing ecosystem of decentralized applications, SOL has positioned itself as a serious contender in the cryptocurrency space. Now, with the potential for a 50% rise on the horizon, we have an opportunity to make some serious gains! So, why should you consider going long on SOL? Here are a few key reasons: 1. Impressive Performance: SOL has shown remarkable resilience and consistent growth, outperforming many other cryptocurrencies in recent times. Its upward trajectory is a testament to its strong fundamentals and the growing confidence of investors. 2. Expanding Ecosystem: Solana's ecosystem is rapidly expanding, attracting various developers and projects. This growth indicates a promising future for SOL, as more applications and use cases are being built on its blockchain, driving demand and adoption. 3. Scalability and Speed: Solana's blockchain boasts impressive scalability and transaction speeds, making it an attractive choice for developers and users alike. This technological advantage positions SOL as a strong player in the race for mainstream adoption. 4. Positive Market Sentiment: Experts and analysts are buzzing with optimism about SOL's future potential, with many predicting a significant surge in its value. This positive sentiment can help propel the price even further, creating a favorable environment for traders. Now that you're aware of SOL's potential, it's time to take action and seize this opportunity. I encourage you to consider going long on SOL, capitalizing on its upward momentum. However, as with any investment, it's essential to conduct your own research and make informed decisions based on your risk tolerance and investment strategy. Remember, timing is crucial in the world of trading, so don't miss out on this potentially lucrative ride. Let's join forces and make the most of SOL's upward surge!
by bryandowningqln
SOLUSD Strongest rally in 3 months and can hit $32Solana crossed over its 24.735 High of October and as this has been generated on a 1D MA200 rebound, it is extending the strongest bullish sequence since July. Backed up by a very bullish 1D technical outlook (RSI = 69.534, MACD = 0.859, ADX = 19.300) and a 1D MACD Bullish Cross, we are going long again now and target the R1 level (TP = 32.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:SOLUSDLong
by InvestingScope
$FLUX COIN, THE FATHER OF ALL WEB 3 PROJECTS IN CRYPTO SPACEYes, you read it right. Flux Coin will be the next 10x, 20x, and who knows, it might even reach 50x. With its supply, reaching $10 seems easy in the next bull run, especially when they release its Proof of Useful Work. The Flux management and developers are continually building its ecosystem to sustain the possible circumstances of their PoUW, despite the bear market season. Its all time high was $4.17, and it seems that reaching the said minimum target is easy, IN MY CHART: Let's talk about the technical side of $FLUX. I have been closely monitoring its movement on a weekly basis, and it appears that the accumulation is hovering around $0.30 - $0.33, which, in my opinion, signals a healthy trend. Flux is currently undergoing a consolidation phase, reflecting a markdown trend. However, if the price breaches its key resistance, the bulls will likely attempt to push it back to around $0.8. My buying zone falls within the range of the green box. Anything below that will be my dollar-cost averaging (DCA) zone. FUNDAMENTAL PART: The Flux ecosystem is focued and devoted to empowering everyone to develop, deploy and use the decentralized Internet of the future: Web3, it is a powerful decentralized computational Flux Network (FluxNodes), a Linux based operating system (FluxOS), the premier digital asset platform (Zelcore) and, finally, the Flux blockchain for on-chain governance, economics and parallel assets to provide interoperability with other blockchains and DeFi access. DYOR Plan your execution of trades, so that you don't plan to fail. Happy Trading, everyone.
Long
by CryptoProfessor
2