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Cryptorank

Can SOL Break $230? These Chart Patterns Say Yes


by Olivia Stephanie
for CryptoPotato
Can SOL Break $230? These Chart Patterns Say Yes

TL;DR

  • Solana has traded sideways for 18 months, unable to close above the $115 support and $230 resistance.
  • Analysts say recent false breakouts may reset the stage for a larger breakout move.
  • Weekly close above $230 could push Solana toward targets near $295 and possibly beyond.

Range-Bound Movement Continues

Solana (SOL) has mostly traded between $115 and $230 for the past 18 months, without a clear closure outside this range. Following a 2023 rally, the price went into a wide consolidation period. Since that time, there have been two sharp but non-sustained determinations of the range. 

Read the article at CryptoPotato

Read More

Solana (SOL) Plunges by 10% Weekly, But This Market Signal Says ‘Buy the Dip’

Solana (SOL) Plunges by 10% Weekly, But This Market Signal Says ‘Buy the Dip’

Here are the next potential targets for SOL after its downfall in the past seven days.
What’s New for Ripple (XRP) and Solana (SOL) on Coinbase: Here’s the Latest

What’s New for Ripple (XRP) and Solana (SOL) on Coinbase: Here’s the Latest

The upcoming services will be available to users from August 18.

Can SOL Break $230? These Chart Patterns Say Yes


by Olivia Stephanie
for CryptoPotato
Can SOL Break $230? These Chart Patterns Say Yes

TL;DR

  • Solana has traded sideways for 18 months, unable to close above the $115 support and $230 resistance.
  • Analysts say recent false breakouts may reset the stage for a larger breakout move.
  • Weekly close above $230 could push Solana toward targets near $295 and possibly beyond.

Range-Bound Movement Continues

Solana (SOL) has mostly traded between $115 and $230 for the past 18 months, without a clear closure outside this range. Following a 2023 rally, the price went into a wide consolidation period. Since that time, there have been two sharp but non-sustained determinations of the range. 

Read the article at CryptoPotato

Read More

Solana (SOL) Plunges by 10% Weekly, But This Market Signal Says ‘Buy the Dip’

Solana (SOL) Plunges by 10% Weekly, But This Market Signal Says ‘Buy the Dip’

Here are the next potential targets for SOL after its downfall in the past seven days.
What’s New for Ripple (XRP) and Solana (SOL) on Coinbase: Here’s the Latest

What’s New for Ripple (XRP) and Solana (SOL) on Coinbase: Here’s the Latest

The upcoming services will be available to users from August 18.