SOL ETH indicates a likely outperformance of ETH over SOLBoth can grow relative to USD. But the monthly of SOL outperformance of ETH is exhausted and thus it seems for the next 2-4 months at least ETH should outperform relative to SOL
SOLETH
In what world does Solana smash ETH 8.8X?Riddle me that?
It could happen in many scenarios of course.
It also could take multiple cycles
Or ETH just trends sideways from here ?
Whilst Sol keeps running to four figures as highlighted yesterday
those numbers are attainable this cycle.
Or this measured does not even come to close to happening.
We shall see...
We are just riding these speculative ways.
SOL vs ETHSo this is an interesting chart, to view SOL vs ETH, or SOLETH
already 8x as fast since the bottom.
Here we see this "ETH Killer" on the move.
Not that it actually will kill ETH, but certainly it will eat a lot of the ETH cake.
Good luck to all
#SOL/USDT#SOL
The price is moving in a descending channel on the 1-hour frame and is about to break upwards
We have a trend to stabilize above the moving average 100
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a major support area in green at a price of 136.50 from which the price rebounded
Entry price 139
First target 144
Second target 150
Third target 156
Tao/Sol: A New Chapter in the Sol/Eth SagaA new star emerged in the silent void, its light a whisper of ancient tales. Born from cosmic dust, it carried the echoes of those who once burned bright, their stories etched in the fabric of the universe. The star's glow reached out, finding a lone comet drifting through time.
As they drew near, the comet felt the pull of a forgotten connection, a bond that transcended the ages. They spiraled together in a dance of light, repeating the history of their ancestors. Their union blazed across the heavens, a timeless tale reborn, written in the language of the stars.
Call me crazyDMI looks like it was to reverse price action hard with this formation. Be interesting to see if eth takes of or if sol gets crushed.
Is money moving from Ethereum to Solana?Solana quoted in Ether is in a decisive region.
It has already broken the 2021 high, but it is necessary to be aware of a possible bull trap.
It is interesting to note that Solana's TVL¹ is still 9% of Ethereum .
We obtain this number by dividing the TVL's.
So the chart shows a break above the 2021 all-time high, when it was 8.64%:
However, in the USD quote, the price is in a turbulent region; there may be false breakouts up or down.
¹ Total Value Locked:
total value of assets that are locked in a DeFi protocol through smart contracts
SOLANA to FLIP ETHEREUM scenarioThis is the market cap of SOL divided by the market cap of ETH
It's important to look at the m-cap charts since the circulating of these coins are constantly changing.
Sol to flip Eth is a good bull market narrative that probably WON'T happen --- but could be still be very profitable.
The gap could close to where the pundits will start very talking about it. (This should be a take profit / topping signal when this noise becomes too loud)
As you can see. in the chart Solana has broken out of a ratio range
and appears to be setting up for an aggressive move after some more pressure being built up in that upward sloping channel.
Again this just a scenario that seems to be playing out .
No guarantees
watch and observe
look for good entries
no need to go all in
BUt having exsposure would not hurt.
I shared very early in the cycle that Solana would outperform ETH by multiples...
which has come to pass ... this would be the euphoric phase of the cycle where significant Hot and new money could pour into that particular #Blockchain casino.
Solana's next leg up is starting...Expect SOL to outperform everything again in the next 7 months IMHO...
I'm still long ETH, and BTC via futures, but added to my SOL bags substantially this week.
Paypal's stablecoin is seeing massive growth (partially thanks to their subsidized defi yield), memes are still a dominant narrative and a huge source of fees denominated in SOL, and decentralized exchange volumes in Solana are beating everything else.
Additionally, the next ETF to be approved, after Ethereum, will probably be a Solana one, so the market is front running this right as ETH ETFs go live in a couple days.
I'm documenting my call and targets here, for posterity's sake, see the older SOL posts I made, there's a lot of intricacies and things to do with defi and onchain activities to further boost returns, hedging opportunities, short term futures trades, etc. that you can't get from following my TV posts, but it gives you an idea of my batting average with these ideas.
Best of luck!
Cheers,
Ivan Labrie.
$SOL Long- A Fractal Study on $SOLETHPosting this chart for later street cred.
SOL/ETH pair is the next ETH/LTC pair
CRYPTOCAP:ETH has vastly outperformed CRYPTOCAP:LTC since ETH burst onto the scenes in 2016.
CRYPTOCAP:SOL has vastly outperformed CRYPTOCAP:ETH since SOL burst onto the scenes in 2020.
We are in midst of the next parabolic run, ~0.15 is the target for this BINANCE:SOLETH pair's top this cycle.
A study on fundamentals, cycles, fractals... common sense.
CRYPTOCAP:SOL / CRYPTOCAP:ETH
- @CryptoCurb
SOLETHSOL IN UPWARD TREND ETH DOWNWARD TREND
But more challenges by the SEC facing both in the next weeks.
Currently SOL in uptrend,.If levels reached, go short
SOL vs ETH (Y24.P2.Video1).Bearish structure, lost the weeklyHi Traders,
Here it shows that we must be on top of our game if we are to maximise our opportunities.
I missed this chart which was setup months ago.
Really annoying to miss such important opportunities but are we going to learn our lesssons.
All the best,
S.SAri
SOLETH CORRECTION OF KRAKENSOL benefitting of Ethereum downtrend.Never the less some challenges will face botH
Currently long.
If 0.5427 breaks, then revre the rrade a go short
SOLANA and SOLvsETH- Updated chartsSolana vs ETH at major resistance and we could see Ethereum taking back some marketcap from it's main competitor.
In the meantime SOLUSD chart levels are:
Main support at 140$
Interim support at 174$
Main target/Resistance at 221
In case of breakout i see new ATHs at 362
News:
www.cryptopolitan.com
Market reacts positively to Solana’s momentum
Solana’s recent surge in performance hasn’t gone unnoticed by market analysts and investors, who are now keeping a keen eye on its trajectory.
Acknowledging its resilience and innovative edge within the cryptocurrency ecosystem, Solana has garnered attention for its ability to navigate through challenges and emerge stronger.
The transition from resistance to support isn’t just a technical feat; it’s a testament to Solana’s robust position in the crypto space.
By successfully establishing itself as a formidable player, Solana has demonstrated its capacity to adapt to evolving market dynamics and seize growth opportunities.
With Solana inching closer to its previous all-time high of approximately $259.90, anticipation is palpable within the community.
The prospect of Solana surpassing this milestone fuels excitement and optimism among investors, who are eager to witness the asset’s continued ascent.
As Solana continues to gain momentum and attract attention, its journey toward new heights underscores its significance within the cryptocurrency landscape.
With each stride forward, Solana reinforces its reputation as a promising investment and a driving force behind innovation in decentralized finance.
Resilience, adoption, and future prospects
With solid fundamentals and increasing adoption, Solana appears to be well-positioned for continued success.
The achievement of flipping a major resistance level into support underscores Solana’s strength and resilience amidst evolving market dynamics.
As the cryptocurrency market continues to respond to Solana’s momentum, analysts and investors alike remain optimistic about its prospects.
Solana’s recent performance marks a significant milestone in its journey toward broader recognition and adoption within the cryptocurrency space.
The successful transition from resistance to support, coupled with optimistic price predictions, underscores Solana’s potential for further growth and development.
As market dynamics continue to evolve, Solana remains a key player to watch, with its innovative features and robust ecosystem contributing to its continued success.
By maintaining a confident and straightforward tone, this article provides readers with a comprehensive overview of Solana’s recent achievements and future prospects.
With a focus on factual information and unbiased reporting, this article aims to inform and educate readers about Solana’s position within the cryptocurrency market.
As Solana continues to make strides toward its $250 target, all eyes remain on this burgeoning digital asset.
One Love,
The FXPROFESSOR
ps. I will prefer Ethereum in the coming weeks.. 🌟🌟🌟Lastly allow me to say this could be a great time to look some Ethereum AI Alts:
Custom AI Solutions Reshape Crypto Universe - The Future is Now
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Solana is set to outperform ETH during this cycleDo you see this massive Cup and Handle formation? SOL will probably flip ETH if this gets triggered!
I feel that HTX accident mangled Solana's chart, and in the absence of it, the blue line would probably held as support, which would still be incredibly bullish.
#Solana to outperform #ETH 2 - 3XNice W pattern in formation
Linear and Log targets provided
Cycle 2 coin vs Cycle 3 coin makes complete sense for Solana not only to survive but outperform #Ethereum
SOLETHI would wait for SOLETH chart to pull back to my buy zone before converting some more ETH to SOL. We are over bought on SOLETH.
SOL.D COULD REACH 11.55% - 14.47% 2025/2026This is an updated version of my first Sol.D idea.
I've studied all top 50 alt dominance behaviour, paying attention to ETH.D behaviour and market cap, BTC.D (which may end up holding 25%) SOlBTC and SOLETH.
All scenarios tells the same story, ETH is on a downtrend just as BTC, all fibonacci channels are doing the same, and all attention is setup to ETHBTC as the altcoin leader.
But my take is, that is going to change, while all attention was on eth and critic eclipse sol, it's dominance has reached ATH with half the top market cap 2021.
I will consider my target reached, past 9% but 11.55% is needed to be the min. my first projection stablished.
At 7T total market cap, Sol would need 770b Market Cap.
Happy Harvest.
CRYPTOCAP:SOL.D
SOL IS LEADING ALTS NOT ETH + SOL.D 14.47% TARGET 2025Comparing behaviour_
ETHBTC SOLETH LTCBTC SOL.D ETH.D BTC.D SOLBTC XLM.D XRP.D DOT.D LINK.D ADA.D I CONCLUDE:
SOL is overtaking ETH and ascending to 14.47% dominance by 2025 regards ANY narrative / tech / advantage / anything but the charts, oscillators and benchamark top 50 projects against btc.
SOL is the only project from 2021 reaching ATH Dominance with 2021's Market Cap.
I cannot compare any other project regards it's age, measurement is made agains top runners on dominance past cycles vs USD & BTC.
Most pay attention to ETHBTC relationship, my take is, SOL is leading ALTCOINS now, not ETH.
Happy Harvest.
AE
SOL vs ETH. Scenario 1Hi traders,
Its hard to know how to trade SOL against ETH but short term these moving averages are holding it up
We have 2 scenarios.
A flat correction or double zigzag.
Having sweeping the bottom into POC level makes sense. No trade yet but will be keeping an eye on both SOL and ETH along with the paring to maximise these tokens if we get the timing right.
All the best.
S.SAri
SOL against ETH. We are flipping Hi Traders,
Its ETHs turn as we watch the weekly ETH. vs BTC and hence many ETH based blockchains are pumping.
In turn, we see the VAH and POC and then VAL could be the range or lower for this correction., move.
I'm not bearish on SOL but making some moves is wise to compound accumulation.
All the best.
S.SAri
Solana hit it's target, caution from hereSolana been on a good run but did hit it's breakout target out of the W formation against ETH. I would stay cautious at this point, also because I believe it's way overvalued and just running on hype. Many superior chains with more adoption around, but that's just my opinion.
Ethereum however, still is the main chain and didn't run as of yet. I expect that to change once the alts market breaks out from accumilation. In that case we could first see some ETH dominance and alts like SOL bleeding up to 50% against it - in line with the zone of imbalance in this chart.
