Solana

Resistance

Read

Echoes

Rekt

<ul>
 <li>Solana reaches an annual peak of $174.07.</li>
 <li>Analysts anticipate SOL’s potential to surpass previous record values, citing key resistance breakthroughs.</li>
 <li>Experts foresee SOL testing higher resistance levels, with projections indicating a potential test of the $208 mark in the near future.</li>
</ul>
<p>Solana (SOL) has soared to new heights, reaching an impressive annual peak of $174.07, signaling a bullish trend that has enthralled both seasoned investors and newcomers. Surpassing its previous records, SOL’s upward momentum underscores growing confidence among traders.</p>
<p>The cryptocurrency’s ascent to its highest value in over two years has ignited discussions within the crypto community, with many analysts speculating on its potential to surpass historic peaks. Renowned analyst Rekt Capital foresees SOL’s potential to challenge the $208 resistance level in the near future.&nbsp;</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a><br><br>Mid-2021 history repeats <br><br>Solana has rallied +118% since the green area &amp; +53% since Ascending Triangle breakout <br><br>Over time, the ~$208 resistance may get revisited<a href="https://twitter.com/hashtag/SOL?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SOL</a> <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solana</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> <a href="https://t.co/hAzvjyl9dB" rel="noopener noreferrer nofollow">https://t.co/hAzvjyl9dB</a> <a href="https://t.co/AxyxTkLOSZ" rel="noopener noreferrer nofollow">pic.twitter.com/AxyxTkLOSZ</a></p>— Rekt Capital (@rektcapital) <a href="https://twitter.com/rektcapital/status/1768212182037082537?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 14, 2024</a>
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<p>Drawing parallels to the 2021 bull run, Rekt Capital highlights SOL’s remarkable performance, boasting over 118% growth since its recent uptrend and a significant 53% increase following its breakout from a Rising Triangle pattern. With SOL’s recent 23% surge, market indicators suggest a sustained upward momentum, with the potential to test higher resistance levels in the days ahead.</p>
<p>Notably, market experts <a href="https://x.com/CryptoJelleNL/status/1767816432291647950?s=20" rel="noopener noreferrer nofollow">point</a> to SOL’s breakthrough past key resistance levels as an indicator of imminent short-term gains. Their buoyant outlook, evident in their decision to retain their SOL holdings without immediate plans to sell, suggests a promising prospect for those eyeing long-term benefits in the crypto market.</p>
<p>Furthermore, SOL’s upward trajectory is expected to entice new investors, positioning it as a gateway into the digital currency realm. Crypto analyst Jelle, who holds stakes in SOL and Injective (INJ), <a href="https://x.com/CryptoJelleNL/status/1768210268532756653?s=20" rel="noopener noreferrer nofollow">believes</a> that both assets are at the forefront of an emerging bull market, paving the way for other alternative coins to flourish in the current cycle.</p>
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4>
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 <li><a href="https://cryptonewsland.com/solana-sol-price-rally-continues-to-rage-on-as-bulls-eye-35-target/" rel="noopener noreferrer nofollow">Solana (SOL) Price Rally Continues to Rage on as Bulls Eye $35 Target</a></li>
 <li><a href="https://cryptonewsland.com/how-sols-journey-to-100-could-set-the-stage-for-a-105-resistance-test/" rel="noopener noreferrer nofollow">How SOL’s Journey to $100 Could Set the Stage for a $105 Resistance Test</a></li>
 <li><a href="https://cryptonewsland.com/solana-explodes-with-a-200-surge-can-sol-reach-50-in-jan/" rel="noopener noreferrer nofollow">Solana Explodes With a 200% Surge. Can SOL Reach $50 In JAN?</a></li>
 <li><a href="https://cryptonewsland.com/solanas-resilience-potential-surge-to-30-amidst-recent-corrections/" rel="noopener noreferrer nofollow">Solana’s Resilience: Potential Surge to $30 Amidst Recent Corrections</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/solana-echoes-mid-2021-surge-eyes-key-resistance-level/" rel="noopener noreferrer nofollow">Solana Echoes Mid-2021 Surge, Eyes Key Resistance Level</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Solana Echoes Mid-2021 Surge, Eyes Key Resistance Level

Crypto News Land

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