Solana

FTX Token

Elite

Arcade

<p>Daan Crypto Trades (@DaanCrypto) who has more than 380k followers on X, analyzed <a href="https://captainaltcoin.com/solana-price-hits-make-or-break-resistance-these-key-levels-will-determine-next-sol-direction/" target="_blank" rel="noopener noreferrer nofollow">the price movements of Solana (SOL)</a>, noting that it has been consolidating between approximately $115 and $200 for much of 2024.&nbsp;</p>
<p><a href="https://x.com/DaanCrypto/status/1840648272374849860" target="_blank" rel="noopener noreferrer nofollow">The analyst emphasized</a> that these levels represent significant support and resistance zones, which have demonstrated strong price reactions.&nbsp;</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/ftx-token-ftt-price-explodes-60-amid-payout-rumors-but-whats-next/" target="_blank" rel="noopener noreferrer nofollow">FTX Token (FTT) Price Explodes 60% Amid Payout Rumors, But What’s Next?</a></em></strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="613" src="https://captainaltcoin.com/wp-content/uploads/2024/09/image-746-1024x613.png" alt="" class="wp-image-561933" srcset="https://captainaltcoin.com/wp-content/uploads/2024/09/image-746-1024x613.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-746-300x179.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-746-767x459.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-746-1536x919.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-746-2048x1225.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-746-251x150.png 251w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-746-100x60.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-746-585x350.png 585w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-746-788x471.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-746.png 1329w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Daan believes that if SOL can successfully <a href="https://trustwallet.com/blog/what-are-support-and-resistance-in-crypto#:~:text=A%20resistance%20level%20is%20where,is%20considered%20a%20resistance%20level." target="_blank" rel="noopener noreferrer nofollow">break through the weekly resistance</a>, it could pave the way for the asset to reach an all-time high (ATH).</p>
<p>The analyst’s chart tells the story further. The $115 level seems to be the main support holding the chart from crashing to as low as $78. Also, the path to $260 after a breakout above the resistance at around $205 seems clear.</p>
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<p>The post <a href="https://captainaltcoin.com/elite-crypto-trader-explains-how-solana-sol-price-could-hit-ath/" rel="noopener noreferrer nofollow">Elite Crypto Trader Explains How Solana (SOL) Price Could Hit ATH</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Elite Crypto Trader Explains How Solana (SOL) Price Could Hit ATH

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