Convergence

Solana

Bull Market

Divergence

<p>Solana (SOL) has etched a noteworthy comeback, surging past the $150 mark. This milestone stems from an inverted head and shoulders breakout on the weekly chart, signalling a resounding bullish sentiment as <a href="https://www.tradingview.com/chart/SOLUSD/BNAdQw3n-With-SOL-price-Above-150-buyers-eye-250/" target="_blank" rel="noopener noreferrer nofollow">highlighted</a> by Coinpedia’s chart analysis of SOL. Consequently, the spotlight now shifts to breaching the $158 level, aligning with the 61.80% Fibonacci retracement.</p>
<p>Significantly, SOL has reclaimed the psychologically crucial $150 level. This achievement underscores the cryptocurrency’s bullish solid momentum, fueled by rising trading volumes and market enthusiasm. Solana has showcased its immense potential for further gains from a year’s low of around $10 to crossing $150.</p>
<h2 class="wp-block-heading" id="strong-technical-perspective-strong"><strong>Technical Perspective</strong></h2>
<p>The uptrend finds further validation from the bullish crossover on the Moving Average Convergence Divergence (MACD) indicator. This development suggests robust momentum, bolstering SOL’s trajectory toward the $250 mark.</p>
<p>Moreover, the rising trading volumes and market growth underscore the heightened interest in Solana. As of the latest data from CoinMarketCap, SOL is trading at <a href="https://coinmarketcap.com/currencies/solana/" target="_blank" rel="noopener noreferrer nofollow">$154.13</a>, registering a 3.28% gain over the last 24 hours.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="strong-breakout-and-bullish-patterns-strong"><strong>Breakout and Bullish Patterns</strong></h2>
<p>The breakout of SOL above the $150 mark and the appearance of an inverted head and shoulders pattern on its weekly chart signals bullish solid momentum. The surpassing of the 50% Fibonacci retracement level further underscores this sentiment. Currently, the immediate target is the breach of the $158 level, which corresponds to the 61.80% Fibonacci retracement level, indicating a significant focus for traders.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="376" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-541-1024x376.png" alt="" class="wp-image-452062" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-541-1024x376.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-541-300x110.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-541-768x282.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-541-1536x564.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-541-2048x752.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-541-408x150.png 408w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-541-100x37.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-541-953x350.png 953w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-541-788x289.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-541.png 1220w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Furthermore, according to Coinpedia’s analysis, Solana has had noteworthy performance over the past three weeks, registering a 47% increase while maintaining a bullish pattern. SOL’s current intraday gain of 1.94% reinforces the positive sentiment surrounding it.</p>
<p>As Solana continues to captivate the market, analysts have set their sights on the $250 peak. However, the immediate hurdle is successfully breaching the $158 level, further solidifying the uptrend’s momentum.</p>
<p>With a confluence of technical indicators, market sentiment, and breakout patterns aligning favorably, Solana’s ascent appears poised to continue, leaving investors eagerly anticipating its next milestone.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/top-7-token-unlocks-to-watch-this-week-arbitrum-arb-aptos-apt-and-more/" target="_blank" rel="noopener noreferrer nofollow">Top 7 Token Unlocks to Watch This Week: Arbitrum (ARB), Aptos (APT) and More</a></li>
 <li><a href="https://captainaltcoin.com/4-less-popular-meme-coins-and-nft-collections-to-watch-this-bull-market/" target="_blank" rel="noopener noreferrer nofollow">4 Less Popular Meme Coins and NFT Collections to Watch This Bull Market</a></li>
 <li><a href="https://captainaltcoin.com/global-surge-in-raffle-coin-raff-presale-avalanche-avax-polkadot-dot-bulls-predict-an-explosive-35x-growth/" target="_blank" rel="noopener noreferrer nofollow">Global Surge in Raffle Coin (RAFF) Presale: Avalanche (AVAX) &amp; Polkadot (DOT) Bulls Predict an Explosive 35X Growth</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/solanas-sol-bullish-trajectory-indicators-point-to-this-next-key-price-level/" rel="noopener noreferrer nofollow">Solana’s (SOL) Bullish Trajectory: This Indicator Points to $250 Target</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Solana’s (SOL) Bullish Trajectory: This Indicator Points to $250 Target

목차

CaptainAltcoin

2024년 3월 13일에 게재된 다른 기사

Nigeria presses Binance for user data amid detention of executives in Abuja

Cathie Wood's Ark Invest Keeps Dumping Coinbase Shares Amid Bitcoin, Crypto Buzz

Litecoin Heads Toward $100; Are Bulls Keen for a Rally Ahead?

Binance Announced the Listing of a New Altcoin in Futures! Price is on the Rise!

Polyhedra and zkBridge’s Security Uncompromised Despite Recent Incident

Crypto.com fined $3M by Dutch Central Bank over ‘severe’ violations

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!