Close Menu
Cryprovideos
    What's Hot

    THORChain Integrates XRP Ledger to Facilitate Decentralized Swaps

    June 7, 2025

    Bitcoin Promote-Off Warning? Miner-To-Change Transfers Hit Historic Highs | Bitcoinist.com

    June 7, 2025

    Hong Kong’s New Stablecoin Regulation Invoice A Increase for Cross-border Use Of Digital Yuan | UseTheBitcoin

    June 7, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Solana Analyst Expects A Retrace Earlier than It Breaks ATH – Targets Revealed
    Solana Analyst Expects A Retrace Earlier than It Breaks ATH – Targets Revealed
    Altcoins

    Solana Analyst Expects A Retrace Earlier than It Breaks ATH – Targets Revealed

    By Crypto EditorNovember 19, 2024No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Este artículo también está disponible en español.

    Solana (SOL) is buying and selling simply 6% beneath its all-time highs, fueled by a outstanding 16% surge from the $212 demand stage. The rally has caught the eye of merchants and buyers alike, as SOL’s value motion showcases a powerful uptrend. 

    Prime crypto analyst Johnny shared his technical evaluation on X, predicting that Solana could retrace to its earlier yearly highs earlier than launching a brand new try to interrupt its all-time highs. This forecast comes throughout a interval of euphoria, with SOL delivering a surprising efficiency by hovering over 55% in lower than two weeks. 

    Associated Studying

    The fast climb has positioned Solana as one of many market’s standout belongings, pushed by growing demand and powerful fundamentals. Nonetheless, Johnny’s outlook suggests a wholesome pullback might be on the horizon, doubtlessly providing a key shopping for alternative earlier than SOL challenges its historic value ranges.

    With SOL’s current efficiency reigniting optimism within the crypto house, all eyes stay on its capability to take care of power within the face of potential volatility. Will Solana defy expectations and attain new heights, or is a cooldown inevitable?

    Solana Testing Important Provide Degree

    Solana is testing a vital provide stage just under $250, following a major surge that has propelled it nearer to its all-time excessive (ATH). This stage serves as a key battleground, marking the final stronghold for sellers earlier than SOL enters value discovery—a part the place it may carve out new highs.

    Crypto analyst Johnny lately shared his perspective on X, highlighting that whereas Solana’s value motion stays strong, a short lived retrace to decrease ranges could also be mandatory to collect momentum. 

    In response to his technical evaluation, SOL may dip into the $220 demand zone, a stage he sees as essential for patrons to step in and refuel the rally. Johnny predicts that Solana may stage a powerful restoration from there, concentrating on an aggressive transfer above its ATH at $260.

    Solana Analyst Expects A Retrace Earlier than It Breaks ATH – Targets Revealed
    Solana may retrace earlier than breaking ATH | Supply: Johnny on X

    Solana’s bullish momentum can’t be ignored regardless of the potential of a retrace. The asset’s value motion suggests a 6% surge above its ATH is properly inside attain if market situations stay favorable. Continued power within the broader crypto market may amplify shopping for strain, serving to SOL shatter its ATH and enter uncharted territory.

    Associated Studying

    For now, all eyes are on Solana’s capability to navigate this provide zone. A profitable breakout may pave the way in which for brand new highs, whereas a retrace to $220 may present a super launching pad for the following leg of its rally. Both means, SOL’s trajectory highlights its rising prominence available in the market as merchants anticipate its subsequent huge transfer.

    Value Motion Particulars  

    Solana is buying and selling at $242, holding regular after a number of days of consolidation beneath the $250 mark. This stage represents a vital resistance as SOL inches nearer to its all-time excessive (ATH). Regardless of this pause, the worth motion stays strong, supported by the broader bullish sentiment throughout the crypto market.

    SOL testing crucial supply below the $250 mark
    SOL testing essential provide beneath the $250 mark | Supply: SOLUSDT chart on TradingView

    Nonetheless, SOL’s capability to interrupt above $250 will likely be a key think about figuring out its subsequent transfer. A profitable push past this stage may set the stage for a retest of its ATH and doubtlessly a rally into value discovery. Conversely, if SOL fails to beat this resistance, a retrace to decrease demand zones turns into doubtless.

    Associated Studying

    On this situation, the following logical assist stage to observe can be round $222, the place patrons may step in to reignite momentum. Ought to the retrace prolong additional, SOL may revisit earlier yearly highs at $210, a vital stage that proved important for value motion.

    Featured picture from Dall-E, chart from TradingView



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    THORChain Integrates XRP Ledger to Facilitate Decentralized Swaps

    June 7, 2025

    Binance Coin Battles Again—however Can It Actually Hit $700? – BlockNews

    June 7, 2025

    XRP Should Crash First—Then Comes The $10 Rally, Says Analyst

    June 7, 2025

    Ripple's $487M XRP Switch Sparks Questions

    June 7, 2025
    Latest Posts

    Bitcoin Promote-Off Warning? Miner-To-Change Transfers Hit Historic Highs | Bitcoinist.com

    June 7, 2025

    Metaplanet Goals to Elevate $5.3 Billion to Purchase Extra Bitcoin – Decrypt

    June 7, 2025

    ‘Full porting Bitcoin’ might be Musk's Trump card in feud: Bitcoiners

    June 7, 2025

    Mapping Bitcoin’s Bull Cycle Potential

    June 7, 2025

    Kiyosaki Pushes Bitcoin, Silver as Trump-Musk Feud Roils Markets | US Crypto Information

    June 7, 2025

    Metaplanet Targets 210K BTC With $5.4B Fairness Elevate – Bitbo

    June 7, 2025

    Bitcoin: Uber accelerates in direction of digital funds with stablecoin

    June 7, 2025

    Bitcoin Sees Adverse Funding On Binance – A Traditional Setup For A Quick Squeeze?

    June 7, 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

    The Crypto Bull Run’s Last Countdown: Will You Money Out or Get Left Holding the Bag?

    February 25, 2025

    Bybit Shuts Down NFT Market After Main Safety Breach

    April 2, 2025

    Crypto ETFs are 'Dragging Alongside' the Negatives of Conventional Finance: Sygnum – Decrypt

    February 20, 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.