Ethereum

Rally

Resistance

Dogecoin

Shiba Inu

<p>Solana’s native token SOL has surged above $32 this past week, gaining significantly since early January. The layer-1 blockchain platform continues to make strides as an Ethereum competitor, with its total value recently reaching $378 million.</p>
<p>In a recent <a href="https://www.vaneck.com/us/en/blogs/digital-assets/matthew-sigel-vanecks-base-bear-bull-case-solana-valuation-by-2030/" target="_blank" rel="noopener noreferrer nofollow">report</a>, asset management firm VanEck outlined bullish long-term forecasts for Solana, with the potential for SOL prices to reach between $9.81 and $3,211 by 2030. This represents an ambitious 10,600% upside from current levels. However, in the short term, SOL may be primed for a partial pullback after its parabolic rise.</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="759" src="https://captainaltcoin.com/wp-content/uploads/2023/10/chart-7-1024x759.png" alt="" class="wp-image-366653" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/chart-7-1024x759.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/chart-7-300x222.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/chart-7-767x569.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/10/chart-7-1536x1139.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/chart-7-2048x1519.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/chart-7-202x150.png 202w, https://captainaltcoin.com/wp-content/uploads/2023/10/chart-7-100x74.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/chart-7-472x350.png 472w, https://captainaltcoin.com/wp-content/uploads/2023/10/chart-7-788x584.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/chart-7.png 1060w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em><strong>Source: <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="CoinStats" href="https://captainaltcoin.com/go/coinstats-3/" data-shortcode="true">CoinStats – Start using it today</a></strong></em></p>
<p>According to analysis, the daily directional movement index (DMI) shows bears gaining increasing control over the SOL market. The +DI line is decreasing while the -DI line rises, signaling waning bullish momentum.</p>
<p>If bulls cannot regain control soon, SOL could drop below the psychological $30 level that has provided support during the rally.</p>
<p>The emerging bearish pressures align with a nearby technical support zone around the 21-day exponential moving average, currently around $28. A 15% drop from the local high of $32 would land SOL right in this area around $27.</p>
<p>Importantly, the major uptrend remains intact for Solana above the $20 breakout level. Any pullbacks should be viewed as healthy consolidation within the broader bull move rather than a trend reversal.</p>
<p>Buyers have a chance to regain dominance on a retest of the 21-day EMA support. This key moving average also lines up with the $27–$28 demand zone that catalyzed the parabolic breakout in January. Bulls want to see this area flip back to support.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/shiba-inu-eyes-500-gain-as-shib-bulls-take-control/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu Eyes 500% Gain As SHIB Bulls Take Control</a></li>
 <li><a href="https://captainaltcoin.com/dogecoin-faces-resistance-at-0-07-but-this-doge-indicator-confirms-a-buy-signal/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin Faces Resistance at $0.07, but This DOGE Indicator Confirms a ‘Buy Signal’</a></li>
 <li><a href="https://captainaltcoin.com/october-in-focus-injective-solana-and-inqubeta-emerge-as-the-biggest-winners/" target="_blank" rel="noopener noreferrer nofollow">October in Focus: Injective, Solana, and InQubeta Emerge as the Biggest Winners</a></li>
</ul>
<p>Looking beyond any near-term volatility, the possibilities seem endless for Solana, according to analysts like VanEck. If the network can capture even a fraction of Ethereum’s activity and market share over the coming years, enormous growth potential lies ahead.</p>
<p>But in the short term, traders should be cautious around current prices and watch for SOL to consolidate between $27 and $32 before making its next major move.</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/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" 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-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </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/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/solanas-price-potential-vaneck-anticipates-a-10600-rally-for-sol-by-2030/">Solana’s Price Potential: VanEck Anticipates a 10,600% Rally For SOL by 2030</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Solana’s Price Potential: VanEck Anticipates a 10,600% Rally For SOL by 2030

目录

CaptainAltcoin

发布于 2023年10月30日的其他文章

SBF Trial: Bankman-Fried Under Oath Confesses to Billion-Dollar Ventures

UK Government Unveils 2024 Regulation Plans for Stablecoins

Shiba Inu Poised To Destroy A Zero: Here's When

CEO Leaves STARS ARENA Following $3 Million Cyber Attack

Solana Price Pumps Past $35 as Bullish Growth Continues & This ICO Raises $2.7m

Ripple CTO Jokingly Eyes "XRPope" Title

订阅我们免费的电子期刊，获取每日最新加密领域动态！