Close Menu
Cryprovideos
    What's Hot

    Australia Targets Crypto ATMs With Potential Ban Powers for AUSTRAC

    October 16, 2025

    ADA value assessments assist as momentum weakens

    October 16, 2025

    Is The XRP Backside In? Prime Crypto Analyst Turns Extremely-Bullish

    October 16, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»$1,400 On The Horizon? Solana Breach Of $200 Excites Analysts
    ,400 On The Horizon? Solana Breach Of 0 Excites Analysts
    Altcoins

    $1,400 On The Horizon? Solana Breach Of $200 Excites Analysts

    By Christian EncilaNovember 10, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Este artículo también está disponible en español.

    Solana, the main Layer 1 blockchain platform, has eventually overcome the important $200 barrier, giving traders new hope. This milestone feeds expectations of extra worth will increase and marks a turning level following a interval of consolidation.

    Some optimistic market onlookers are viewing this worth motion as a form of launching pad for long-term bullish tendencies. If the value breaks above the $200 degree, Rekt Capital identified, the months-long downtrend of Solana may lastly be over. Moreover, he mentioned, for SOL’s advance to be totally absorbed, it should shut the week above $202.

    SOL breaks the $200 barrier. Supply: Bitstamp

    $SOL

    Solana didn’t look ahead to the Weekly Shut and simply broke out straight to $202 resistance (purple)

    The multi-month Downtrend is over (blue)

    And Solana is a Weekly Shut above $202 (purple) away from kickstarting a rally into $200+#Solana #SOL #BTC https://t.co/8If7EtMDK7 pic.twitter.com/1T9XVPQyQO

    — Rekt Capital (@rektcapital) November 8, 2024

    Associated Studying

    Technical Indicators Reinforce Bullish Sentiment

    A number of technical indicators are nonetheless confirming the constructive tone, which prevails in Solana. Each the 50-day and 100-day Exponential Shifting Averages are under the present worth, displaying constant upward motion with sturdy assist within the final retracements, whereas the bullish crossover offers extra important causes to proceed the short-term up the medium-run channel.

    Its MACD lately crossed above the sign line, indicating that this upward motion may proceed. Momentum can also be offered by CMF because it reveals a studying of 0.17. It represents the shopping for strain, which is powerful sufficient as a result of the capital influx is greater than the outflow and therefore signifies that traders are much more within the inventory.

    SOL market cap at present at $96.8 billion. Chart: TradingView.com

    The Relative Energy Index is a further indicator that helps the current worth motion of Solana. This means that SOL has ample leeway for extra progress even whether it is almost at its overbought vary.

    Collectively, the technical indications ought to present a powerful foundation, indicating that Solana’s upward development might proceed so long as quantity and investor sentiment are sustained.

    Potential Resistance And Future Market Projections

    Whereas the efficiency of Solana in current days appears to be like good, it reaches a attainable resistance level near its former all-time excessive of $260. Market observers say that if SOL might proceed its momentum and surpass this mark, patrons searching for a great entry alternative for the bullish momentum might return to the market.

    Analyst CROW finds optimism on this argument and thinks that this will likely take it as excessive as $800 in 2024 as Solana has already taken from $25 to $260.

    Associated Studying

    #Altcoins #SOL at $200 and Breaking Out! 💥

    A MASSIVE Bull Flag is unfolding on #Solana. 🚀

    Goal: $1,400 🎯 pic.twitter.com/eQyYyn33cm

    — Titan of Crypto (@Washigorira) November 8, 2024

    Nonetheless, different analysts acknowledge a “Bull Flag” sample within the weekly chart of Solana. That is typical for a breakout following some consolidation. Since SOL broke up above $200, Titan of Crypto may name for a $1,400 goal, which speaks effectively for the sturdy religion of the market within the long-term efficiency of Solana.

    Given all of the technical indicators and analyst calls, there could also be scope for additional upside. With continued investor curiosity and wholesome commerce volumes, SOL will most probably check its current all-time excessive of $260 or extra within the subsequent few weeks.

    Featured picture from SOPA Pictures / Getty Pictures, chart from TradingView





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Is The XRP Backside In? Prime Crypto Analyst Turns Extremely-Bullish

    October 16, 2025

    XRP Has No CEO: Ripple CLO Explains Rationale – U.At the moment

    October 16, 2025

    Can Ethereum be quickest blockchain ecosystem on the planet? New improve says sure

    October 16, 2025

    Solana (SOL) Breaks 18-Month Vary: Is a $250 Rally on the Horizon? – BlockNews

    October 16, 2025
    Latest Posts

    ASTER Plunges by Double Digits, Bitcoin Slides Towards $110K: Market Watch

    October 16, 2025

    Bitcoin's $19 Billion Leverage Wipeout Leaves Market in Reset Mode – Decrypt

    October 16, 2025

    Sq. Allows First Bitcoin Fee at US Espresso Chain – Decrypt

    October 16, 2025

    Bitcoin wants a recent catalyst to keep away from a ‘deeper correction’ — Analysts

    October 16, 2025

    Bitcoin (BTC) Information: How Far Might Costs Fall Under $107K-$110K Help?

    October 16, 2025

    XRP Makes Comeback Towards Bitcoin, Is $3 Retest Coming? – U.At the moment

    October 16, 2025

    The three Bitcoin Treasury Firm Fashions In accordance To Michael Saylor

    October 16, 2025

    Bitcoin Treasury Corporations Ought to Lean Into the Lightning Community

    October 16, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    SEC reviewing 72 crypto-related ETF purposes, together with derivatives as of April 21

    April 21, 2025

    $44,200,000 Vanishes From Crypto Change After Inner Account Compromised in Server Breach – The Each day Hodl

    July 22, 2025

    Coinbase Is Contemplating Launching a Token for Ethereum Community Base – Decrypt

    September 15, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.