Cryptocurrency

Solana

<ul>
 <li><a href="https://www.coingabbar.com/en/crypto-currency/solana-sol-prices-usd" title="Solana" class="f-link">Solana</a> initiates a fresh increase from the $87.00 zone against the US Dollar.</li>
 <li>Solana mirrors Bitcoin's bullish trend by trading above $95.</li>
 <li>The potential for a strong increase in Solana depends on clearing the $105 resistance.</li>
 <li>Current strength is signaled as Solana trades above the 20-50-100-200 Day Moving Average.</li>
 <li>After almost a month in a descending channel pattern, Solana is on the verge of a breakout.</li>
 <li>A successful break and close above the pattern could propel Solana to $108 and then $117.</li>
 <li>However, failure to close may lead to retracement towards $92 and $85 levels.</li>
 <li><a href="https://www.coingabbar.com/en/price-analysis" title="Coingabbar's analysis" class="f-link">Coingabbar's analysis</a> suggests that Solana Price Prediction 2030 could reach a minimum of $270.</li>
 <li>Coingabbar's analysis suggests that Solana Price Prediction 2040 could reach a minimum of $500.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $110-$125
SUPPORT LEVEL : $92-$82
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing

Solana Price Prediction: Solana Price Ready for Explosive Breakout

Coingabbar

Other articles published on Jan 17, 2024

Why Bitcoin ETF Launches Are Good News for Altcoins

Chiliz (CHZ) Market Analysis Amidst Crypto Volatility

Can Solana reach $200 in 2024?

Algorand Price Struggles to Recover: A Sign of Impending Downturn?

Top Strategies for Success in the NFT Market: Expert Tips to Safety & Profitability of Web3 Inves...

All eyes on Solana, Cardano, Ether as Coinbase braces for SEC Battle

Join our free newsletter for daily crypto updates!