Solana

<ul><li>CryptoBusy had anticipated an approximate 7% rise from the breakout point, a target nearly reached in recent trade hours.</li><li>Solana&#39;s trading price has reached $152.82, reflecting a significant 6.13% increase within a 24-hour period.</li><li>Over the past week, Solana has achieved a 9.10% growth, surpassing the general crypto market&#39;s 0.20% downturn.</li></ul>Following the neckline breakout, <a href="https://cryptotale.org/solana-eyes-major-move-analyst-predicts-key-160-breakout/" rel="noopener noreferrer nofollow">Solana’s</a> price has seen a noteworthy increase, closely matching CryptoBusy’s&#39; <a href="https://x.com/CryptoBusy/status/1788780519205089284" rel="noopener noreferrer nofollow">projections</a> based on the double-bottom pattern. They had anticipated an approximate 7% rise from the breakout point, a target nearly achieved in recent trades. Significant price movements like this usually correlate with an increase in trading volume, further confirming the bullish trend.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/92eec21812bb40bc8f4c0f15fe2595fb.png" />At the time of writing, Solana traded at <a href="https://www.coingecko.com/en/coins/solana" rel="noopener noreferrer nofollow">$152.82</a>, and from a 24-hour trading volume of around $2.85 billion, the support is huge. Thus, the price in a single day has increased by 6.13% and gives a lot of support for its strong weekly performance.A critical element in <a href="https://cryptotale.org/solana-nears-ethereum-in-economic-value-as-fee-gap-closes/" rel="noopener noreferrer nofollow">Solana&#39;s recent price</a> surge is the <a href="https://cryptotale.org/10-chart-patterns-every-crypto-trader-needs-to-know/" rel="noopener noreferrer nofollow">double-bottom pattern</a> observed in its trading chart. This pattern features two distinct lows at a similar level, separated by a moderate peak. Recognized as a bullish reversal indicator, this pattern suggested a potential shift from a downward to an upward trend. The breakout above the pattern’s neckline, which is marked by the peak between the troughs, has played a crucial role.<a href="https://cryptotale.org/solana-shows-strong-week-with-9-10-gain-when-crypto-market-witnessed-a-downturn/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Solana Shows Strong Week with 9.10% Gain When Crypto Market Witnessed A Downturn

CryptoTale

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