Solana

Bitcoin

Resistance

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/solana-sol-surges-as-market-recovers/" data-wpel-link="internal">Solana (SOL) Surges as Market Recovers</a><br></p>
<p style="text-align: justify">Following a short-term market correction, <strong><a href="https://en.coin-turk.com/max-keiser-predicts-a-major-crash-for-solana-sol/" data-wpel-link="internal">Solana</a> (<a href="https://en.coin-turk.com/significant-whale-activity-detected-in-solana-sol-cryptocurrency/" data-wpel-link="internal">SOL</a>)</strong> is making waves in the recovery week, standing out as one of the top performers in the cryptocurrency segment. What are the long-term expectations for Solana, a leading smart contract platform?</p> 
<h2 id="sol-s-200-target">SOL’s $200 Target</h2> 
<p style="text-align: justify">With increasing demand in the <strong><a href="https://coin-turk.com/populer-altcoin-bir-ilk-3-bin-seviyesi-gecildi" data-wpel-link="internal">altcoin</a></strong> segment, the fifth-largest <a href="https://coin-turk.com/sahte-twitter-hesaplarindan-xrplerinizi-satin-uyarisi" data-wpel-link="internal">altcoin</a> is valued well above $80 billion. Following this recovery, experts believe that the SOL price could be gearing up for a bull run beyond $200. The weekly chart shows an uptrend in SOL price, indicating a significant reversal of the trend. As the market grows, the altcoin’s weekly returns and trend momentum are also increasing.</p> 
<p style="text-align: justify">This week, with a 25% increase, the <strong>Solana</strong> price is not only approaching the psychological mark of $200 but also ready to challenge the 78.60% Fibonacci level. Additionally, the weekly chart may show the third consecutive rising candlestick, reflecting a high-momentum upward trend. According to cryptocurrency analysts, Solana, which has recorded an increase of over 1000% in 180 days, could be preparing for an impressive comeback story.</p> 
<p><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-329385 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/03/sol.png" alt="" width="1815" height="836"></p> 
<h2 id="resistance-levels-in-solana">Resistance Levels in Solana</h2> 
<p style="text-align: justify">Considering that the upward trend is expected to continue into 2024, the rapidly rising prices could easily surpass $250. Currently, the SOL price is trading at $186, up 2.35% for the day, which could signify a positive continuation. As the leading cryptocurrency <strong><a href="https://coin-turk.com/hafta-sonu-beklentileri-bitcoin-btc-ve-ethereum-eth-yorum" data-wpel-link="internal">Bitcoin</a></strong> reclaims $70,000, a market recovery could lead to momentum gains for altcoins.</p> 
<p style="text-align: justify">According to Fibonacci levels, the recovery in Solana’s price could extend the bull run and quickly surpass the $200 mark. If the bull run continues, the $200 level could easily lift the <strong>altcoin’s</strong> market value to $250, potentially leading to an all-time high formation. Consequently, the <strong>cryptocurrency</strong> is performing well during the market’s recovery week, rising above the $80 billion valuation due to increased demand in the altcoin segment. Analysts believe it has an impressive comeback story with the potential to rise beyond $200 and up to $250.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/solana-sol-surges-as-market-recovers/" data-wpel-link="internal">Solana (SOL) Surges as Market Recovers</a></h5>

Solana (SOL) Surges as Market Recovers

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