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    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

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    What does Crypto Index fund Means and How to Invest?

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    Who Will Reach $1 First In 2023?

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    5 Best New BSC Cryptocurrencies To Invest In 2023

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    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Rally Gathers Pace, $0.55 Target In Sight

    Rally Gathers Pace, $0.55 Target In Sight

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    NEO Token Surges 10% In The Past 24 Hours

    NEO Token Surges 10% In The Past 24 Hours

    XRP Revisits $0.47 – What Can Be Expected For Short-Term Price Movement?

    XRP Revisits $0.47 – What Can Be Expected For Short-Term Price Movement?

    70% Price Drop, But These Charts Reveal Its True Value

    70% Price Drop, But These Charts Reveal Its True Value

    Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close

    Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close

    Ethereum Price Corrects But This Level Could Trigger Fresh Increase

    Ethereum Price Could See “Liftoff” If ETH Clears This Resistance

    Polygon Aims Recovery To $1

    Polygon Aims Recovery To $1

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    Life Beyond Opens Solo Combat Trials

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    Burn DEC for Splinterlands Rewards

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    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Why Decentralized Exchanges Are On Rise? Can INNODEX Surpass Binance and Uniswap?

    Best Crypto Exchange Affiliate Programs in 2023

    Best Crypto Exchange Affiliate Programs in 2023

    What does Crypto Index fund Means and How to Invest?

    What does Crypto Index fund Means and How to Invest?

    Who Will Reach $1 First In 2023?

    Who Will Reach $1 First In 2023?

    5 Best New BSC Cryptocurrencies To Invest In 2023

    5 Best New BSC Cryptocurrencies To Invest In 2023

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    Investing Penny Stocks? 5 Crypto Stocks To Watch Now

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    5 Reasons Why Shiba Inu Will Rule The Crypto Market In 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Top 5 Cryptocurrencies Under $1 that Will Explode in January 2023

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

    Chinese New Year And Bitcoin Will There Finally Be Fireworks For The King

  • Analysis
    Rally Gathers Pace, $0.55 Target In Sight

    Rally Gathers Pace, $0.55 Target In Sight

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    Polkadot Experiences Correction After Reaching $5.54: What’s Next In Store?

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    ADA Price (Cardano) Breaking This Resistance Could Spark Bullish Moves

    NEO Token Surges 10% In The Past 24 Hours

    NEO Token Surges 10% In The Past 24 Hours

    XRP Revisits $0.47 – What Can Be Expected For Short-Term Price Movement?

    XRP Revisits $0.47 – What Can Be Expected For Short-Term Price Movement?

    70% Price Drop, But These Charts Reveal Its True Value

    70% Price Drop, But These Charts Reveal Its True Value

    Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close

    Bullish Case For Litecoin Grows Stronger As LTC Halving Draws Close

    Ethereum Price Corrects But This Level Could Trigger Fresh Increase

    Ethereum Price Could See “Liftoff” If ETH Clears This Resistance

    Polygon Aims Recovery To $1

    Polygon Aims Recovery To $1

  • Play2Earn
    Play to Earn with Eternal Dragons via PvP and PvE Leaderboards

    Play to Earn with Eternal Dragons via PvP and PvE Leaderboards

    Play to Mint with Tearing Spaces Beta

    Play to Mint with Tearing Spaces Beta

    Shoot-em-up to Earn with Grit Launch

    Shoot-em-up to Earn with Grit Launch

    Play and Earn in Illuvium Zero Alpha Season 1

    Play and Earn in Illuvium Zero Alpha Season 1

    Life Beyond Opens Solo Combat Trials

    Life Beyond Opens Solo Combat Trials

    Burn DEC for Splinterlands Rewards

    Burn DEC for Splinterlands Rewards

    Mojo Melee Releases Summer Roadmap

    Mojo Melee Releases Summer Roadmap

    Gods Unchained Releases 2023 Roadmap

    Gods Unchained Releases 2023 Roadmap

    City States: Medieval and Axes Metaverse Closing Servers

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Astronomical Gains Expected For Solana (SOL) In Second Half of Q4

2021-11-04
in Altcoins
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Solana (SOL) Preparing for A New All-time High Above $200, Short-Term Remains Bullish
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Solana (SOL) not too long ago toppled Tether [USDT] from its fourth place by market cap to later settle on the fifth place forward of Cardano’s ADA. Coinshares, a digital asset supervisor additionally recorded inflows as much as 15million USD of Solana funding merchandise simply final week, bringing the entire Solana property underneath administration to shut to a 200million USD.

In DeFi and NFTs [non-fungible tokens], Solana once more maintains big strides because the third-largest blockchain with TVL-total worth locked as much as 14.86 billion USD in DeFi protocols that at the moment run on the Solana ecosystem.

  • DapperRadar additionally document 240 million USD in NFT trades final month, with upcoming sport presents.
  • An important occasion that will increase the value of the SOL token is the upcoming Inaugural Breakpoint Convention by the Solana Basis.

Let’s analyze the SOLUSDT worth charts for insights into the technical ranges and chart patterns driving the SOL worth.

SOL Value Prediction: Weekly Chart 

The SOLUSDT continues to set new highs with the relative power index [4] printing increased values above the level-25.

A sneak-peek into the month-to-month time-frame reveals that we could also be seeing an astronomical surge within the worth of the SOL token within the second half of This autumn ’21.

Nevertheless, threats of a daily bearish divergence on the above weekly chart trace that we ought to be conscious of a bull-trap above the present all-time excessive if the RSI nonetheless exhibits values beneath level-98.

SOL Value Prediction: Each day Chart 

The each day time-frame additionally follows the same path because the weekly time-frame, because it flags a daily bearish divergence with the RSI indicator.

Increased RSI values above level-25 additionally affirm an uptrend for the SOLUSDT as we glance out to purchase the correction ranges from the 4HR time-frame.

Let’s transfer right down to the 4HR time-frame for clues into shopping for the dips.

SOL Value Prediction: 4 Hr Chart 

The intraday 4HR time-frame already signaled correction ranges at $176.94 and $183.31 respectively.

Extra not too long ago, the SOLUSDT closed above the 25 October 12:00 resistance and will most likely flip it into a brand new help degree. Merchants could have to maneuver to a decrease 45MINS or 1HR time-frame to catch scalping alternatives.

Following the evaluation to date, it’s apparent the SOLUSDT is in a well-established uptrend throughout a number of time frames. However, we received’t wish to ignore the bearish divergence alerts on the weekly time-frame, which can take impact in direction of the top of This autumn ’21.



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