Satoshi

Cryptocurrency

Solana

altFINS

RebelSatoshi

<p>Solana’s price movement has several analysts talking about what’s next for SOL. While some analysts predict a major downward movement, others see potential for upward momentum within the existing uptrend.</p>
<h2 class="wp-block-heading" id="bearish-outlook-abc-correction-points-to-possible-decline">Bearish Outlook: ABC Correction Points to Possible Decline</h2>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="780" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-90-1024x780.png" alt="" class="wp-image-520019" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-90-1024x780.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-90-300x229.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-90-768x585.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-90-1536x1171.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-90-2048x1561.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-90-197x150.png 197w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-90-100x76.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-90-459x350.png 459w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-90-788x600.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-90.png 1152w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
  Source: <a href="https://www.tradingview.com/chart/SOLUSDT/megHVEhr-Solana-ABC-Sub-Divisions-SSD-Wave-P-Range-40-50-BD-Pot/" target="_blank" rel="noopener noreferrer nofollow">Alan Santana</a>
 </figcaption>
</figure>
<p>Cryptocurrency analyst Alan Santana has identified a large ABC correction pattern in Solana’s price chart. He suggested a potential move towards the $80 – $100 price range.</p>
<p>This forecast represents a pullback from current levels, potentially qualifying as what Santana terms an “SSD-Wave” (Surprise-Super-Down-Wave) due to its magnitude of 40-50%.</p>
<p>Key points from Santana’s analysis include:</p>
<ol>
 <li>The top of wave B for the last sub-ABC wave has been reached</li>
 <li>A price target in the $80 – $100 range, reminiscent of January 2024 levels</li>
 <li>The move is characterized as having “bearish potential” (BD-Pot)</li>
</ol>
<p>This bearish outlook suggests that investors should be prepared for a possible sharp correction in Solana’s price in the near term.</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">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </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><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></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="bullish-contrarian-view-uptrend-intact-with-potential-for-further-gains">Bullish Contrarian View: Uptrend Intact with Potential for Further Gains</h2>
<p>In contrast to Santana’s bearish outlook, technical analysis from altFINS presents a more optimistic view of Solana’s price action. Their analysis suggests that while trends are mixed, the long-term uptrend remains intact as long as the price stays above the 200-day moving average.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-96-1024x573.png" alt="" class="wp-image-520069" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-96-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-96-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-96-767x429.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-96-1536x859.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-96-2048x1145.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-96-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-96-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-96-626x350.png 626w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-96-788x440.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-96.png 1940w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em>Source: </em><strong><a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p>
<p>Key elements of altFINS’ analysis include:</p>
<ol>
 <li>A potential buying opportunity near the $125-$135 support zone</li>
 <li>A projected 20% upside to $160 if support holds</li>
 <li>A recommended stop-loss level at $115</li>
</ol>
<p>The analysis identifies the current price action as a “Pullback in Uptrend,” presenting a potential ‘buying dip’ opportunity for traders. It suggests looking for support levels where the price could stabilize and resume its uptrend, particularly levels that have acted as support or resistance in the past.</p>
<p>Additionally, altFINS notes that momentum is currently bullish, with the MACD Line having crossed above the MACD Signal Line. The RSI-14 levels indicate that Solana is neither overbought nor oversold, suggesting room for movement in either direction.</p>
<p><strong><em>Read more:&nbsp;<a href="https://captainaltcoin.com/youtuber-makes-urgent-kaspa-price-prediction-whens-the-best-time-to-sell-kas/" target="_blank" rel="noopener noreferrer nofollow">YouTuber Makes Urgent Kaspa Price Prediction – When’s the Best Time to Sell KAS?</a></em></strong></p>
<p>The contrasting analyses present a complex picture for Solana investors and traders. While Santana’s analysis warns of a potential sharp decline, altFINS’ perspective suggests the possibility of continued upward movement within the broader uptrend.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<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/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" 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-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</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 RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/solana-sol-could-drop-to-the-80-100-price-range-warns-analyst/" rel="noopener noreferrer nofollow">Solana (SOL) Could Drop to the $80-$100 Price Range: Warns Analyst</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Solana (SOL) Could Drop to the $80-$100 Price Range: Warns Analyst

Table of Contents

CaptainAltcoin

Outros artigos publicados em 3 de jul. de 2024

Major Whales Buying Bitcoin (BTC) Dip: Data

Prembly and Peleza announce strategic merger to become Prembly group

Gate.io CEO Dr. Han Warns of Rising Crypto Hacks, Advocates Enhanced Crypto Security and Collabor...

94 Trillion SHIB Tokens Await Their Fate as SHIB Price Dips 4%

Bittensor Network Shuts Down After $8M Security Breach

Politify Memecoins Kamala Horris surges 285%!!! Here’s Why

Join our free newsletter for daily crypto updates!