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

目錄

CaptainAltcoin

在 2024年3月13日發表的其他文章

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

訂閱免費電子報，每天收取加密貨幣最新動態！