The subject of this analysis is Solana (SOL), a blockchain known for its exceptional speed.
We examine the nearby price prediction for SOL, supported by analysis from our Discord community. Here we share more than 20 analyzes every week and regularly host live streams.
Technical analysis Solana (SOL) price
Solana was on its way to its all-time high, which is around $260, before the price corrected. Nevertheless, analysts expect the path to this level to resume soon:
“Not everything always goes up in a straight line, but our view of SOL remains positive. We briefly reached over $200 before a correction occurred.
We hold our positions that we opened in the green buy zone around $92. We expect another significant upside move that could take us to the 161.8% Fibonacci with a target near the all-time high of $260.
Despite the recent market fluctuations, we remain optimistic and look forward to further growth.”
Good news for Dutch crypto traders
The new partnership between Bybit and SATOS, which has a license from the Dutch bank, gives Dutch traders access to 400 new cryptocurrencies. Bybit offers the largest range of cryptocurrencies in the Netherlands. Don’t have a Bybit account yet? Register using this link and receive 20 euros in crypto as a welcome gift.
Do you need help?
Check out our Discord community for our extensive trading plan with the latest updates. Here you enter a safe place where traders of all levels share their knowledge. Ask experienced analysts and top traders about trading, market trends and crypto topics in a lively community. We also organize weekly live streams and webinars for traders who want to delve deeper into technical analysis.
Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences. These therefore serve exclusively educational purposes.