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Solanausd

⏩⏫ SOLANA Over Resistance- Ready for 245$ ?In a fast World, Solana claims to be the fastest blockchain in the world Solana has had it's correction , obeying to the charts we had shared with you a few days ago: The price seems to have gotten use to the 200$ mark heights and could now be ready for more. Our chart shows that 245$ would be the next resistance (Fibonacci). Solana has become the sixth-largest cryptocurrency by market cap after overtaking XRP and would need another 9% rise to catch Tezos on the 5th place! There doesn't appear to be any token-specific news driving the price of SOL higher, but the overall crypto market has been posting big gains this month. New blockchain applications and strong rallies for Bitcoin and Ethereum appear to be bolstering confidence in the overall space, and Solana's SOL token has hit a new lifetime high amid rising bullish sentiment for cryptocurrencies. Solana's SOL token has posted staggering gains across 2021's trading, and it stands as one of the best-performing names in the crypto space. Solana's blockchain has been attracting attention as a platform for building decentralized finance applications, non-fungible tokens, and other services. With investors looking to cryptocurrencies as a potential safe haven amid threats from inflation and other potentially destabilizing market factors, SOL is benefiting from rising bullish sentiment for the broader crypto market. Now what Solana's SOL token now has a market capitalization of roughly $59.3 billion and ranks as the sixth-largest cryptocurrency by market cap. The Solana blockchain offers potential utility for developers seeking a network that can support highly scalable applications and relatively fast transaction processing times, and it's possible that demand for these capabilities and increasing optimism surrounding cryptocurrencies will help to drive the SOL token price higher. However, investors should also keep the token's relatively high-risk profile in mind and understand that it will likely continue to see volatile pricing swings -- for better or worse. If we avoid any mis-happenings or negative news/tweets and the crypto market goes higher altogether, then Solana will reach the 245$ before thinking about a new correction. One Love, the FXPROFESSOR
FTX:SOLUSDLong
by FX_Professor
SOl - global trendline broken 😲😏A strong trend line has formed on the SOl chart on the higher timeframes. At the same time, the price has broken it, but there is no strong buyer reaction. If price tests the trend line as support, it could be a good buying opportunity with little risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade.
by Yuriy_Bishko
11
MY NOT SO MINIMALIST ANALYSIS OF $SOLANA9.22.21 My Minimalist Analysis of $SOLANA ENTRY ALERT: POSSIBLE UPCOMING ENTRIES HOW TO READ MY CHART Indicated are key support and resistance levels using small and large trading range boxes for ENTERING A SWING TRADE (Short - Long.) Watch out for Patterns, Divergence, EMA, Candlestick Math, and your Fibs. Further Analysis on price action is required on a 1HR-4HR chart when entering or closing a trade, depending on your risk appetite and trading style. Disclaimer: The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice. Thank You for your appreciation and support.
FTX:SOLUSDLong
by The_Crypto_Samurai
Solana Update 21/09/21: Potential Corrective Move back to $99Solana Update 21/09/21: Potential Corrective Move back to $99. See previous analysis below. Happy trading :) Just over six days ago Solana was just 5% from the $150 price target forecasted at the beginning of the year. Within the last three days, Solana has gained over 49% in value, hitting our target at the 161.80% fibonacci level. From a quantitative, technical view It looks like Solana has topped. From here we can expect a small cool down period in the range between the 78.60% fibonacci level between $136-$121 before the next leg up on this parabolic run. Price target at the 161.80% fibonacci level @ $210 was met, the next target from here is at the 261.80% Fibonacci level (60% gain from current price level).
SShort
by CryptocurrencyMagnet