SOLETH
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
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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.
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.
SOL/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this SOL/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Solana (SOL) returned to the green during today’s session, snapping a two-day losing streak in the process.
After falling to a bottom of 22.52 on Thursday, SOL/USD climbed to a high of 23.13 earlier in today’s session.
Despite today’s rebound in price, Solana is still trading almost 7% lower than at the same point last week.
The rally began after the RSI bounced from a support level at the 45.00 mark, rising to a current reading of 49.04.
Bulls are likely targeting a move back above the 25.00 level, however, they will first need to move beyond an upcoming wall of 50.00 on the indicator.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
SOLETH OpportunitySolana (SOLETH) pair weekly chart is presenting us with a great opportunity to grow our ETH holdings with a SOLETH trade over the next several months.
This is based on the weekly chart so it will take 2-3 months to play out. Solana is getting ready to gain against ETH. This could happen in several ways. One way simply is that SOL gains in price in a significantly faster pace against the ETH .
Another way it could happen is that ETH falls while SOL stays pretty stable range bound.
The right side of the chart is showing possible USD valuation of the move while the chart on the left side is the SOLETH pair. Either way I'm expecting an exponential move in SOL price on the way to .618 fib retracement levels.
I'm exchanging some of my ETH to take this trade. Again regardless of the USD price, the goal is to accumulate more ETH in the long run. And if it doesn't work I have a great allocation of SOL that I don't mind holding for the long term.
My initial price target for SOL is $30. If we break that on a weekly close, my next target is $46. I will be taking profits back to ETH, if we hit those levels.
Not a financial advice so DYOR.
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
CHART ANALYSIS:- Solana (SOL) also climbed higher in today’s session, with prices colliding with a key resistance level in the process.
Following a low of 20.38 on Thursday, SOL/USD surged to a peak at 21.30 earlier in the day.
Since hitting the aforementioned ceiling at 21.30, momentum has somewhat weakened, due to bulls securing earlier gains.
Another reason for this is that the RSI is close to a resistance level of its own at 55.00, leading traders to act more tentatively.
The index is currently tracking at 53.64, and should it eventually cross the hard line at 55.00, bullish pressure will likely increase.
Some may expect this to happen over the weekend, as traders continue to digest today’s economic data.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you.....
SOL/USDT 1DAY UPDATE BY CRYPTOSANDERS
Hello, welcome to this SOL/USDT 1 DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this CHART ANALYSIS: Solana (SOL) remained in the red as the coin extended its recent decline to a third session.
After hitting a high of 22.74 on Sunday, SOL/USDT fell to a low of 21.01 earlier in the day.
Monday's price drop has sent SOL to its long-term support point of 21.00, resulting in its lowest level since April 26.
The coin has rebounded from the previous lows as the RSI has found its own floor at the 44.00 mark.
As of writing, price strength is tracking at 44.57, with a range of 49.00 a potential target for the bulls.
If momentum picks up, and more bulls re-enter the market, this could lead SOL to climb above 22.00.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you.....
SOL going bullish on the mid-and long-term TPISOL exhibits strong bullish sentiment for both the 3D (Long-term) and 1D (Mid-term) TPIs:
which indicates promising growth potential that may fill the channel fib level at 1 (~34).
Furthermore, SOL is currently displaying signs of outperformance compared to ETH:
A green SOL/ETH color implies that SOL is surpassing ETH, and if the bullish trend persists, SOL may offer higher returns in the mid-term.
Assuming that the CPI does not significantly erode market participants' confidence, alternative cryptocurrencies (altcoins) are expected to experience further growth, and SOL may be an excellent investment opportunity in such a scenario.
LONG SOLANA - SOL/ETH$SOL / $ETH
I would not be fading #Solana (aka "for the poor")
#SOL
-@CryptoCurb
SOL/ETHSOL/ETH
$SOL showing high relative strength vs $ETH.
If this were to happen, would #SOL still be considered "for the poor" by die hard ETH-heads?!
-@CryptoCurb
SOLETH is looking interestin right now. What do you guys think?Sol is currently at the bottom channels of the pitchfork and testing interesting areas of support.