Xarabek
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
    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

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Best Crypto Airdrop Twitter Channels to Follow in 2023; Here’s the Top 5 List

    Best Crypto Airdrop Twitter Channels to Follow in 2023; Here’s the Top 5 List

    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

  • Play2Earn
    Axie Wraps up Homeland Season 0

    Axie Wraps up Homeland Season 0

    Gala Games 2023 Roadmap – Play to Earn

    Gala Games 2023 Roadmap – Play to Earn

    The Harvest Launches Open Beta

    The Harvest Launches Open Beta

    Project Red Opens Public Alpha

    Project Red Opens Public Alpha

    The Sandbox Hosts WBDD Release Party Event

    The Sandbox Hosts WBDD Release Party Event

    Continuum World First Explorer Launch

    Continuum World First Explorer Launch

    Build and Earn with VoxEdit and Blankos

    Build and Earn with VoxEdit and Blankos

    Axie Lunar New Year and Budget Axies Events

    Axie Lunar New Year and Budget Axies Events

    Voxie Tactics Reveals Upcoming Changes

    Voxie Tactics Reveals Upcoming Changes

  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop
No Result
View All Result
Xarabek
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
    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

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Add These 5 Cryptocurrencies To Your Red Envelope This Chinese New Year

    Best Crypto Airdrop Twitter Channels to Follow in 2023; Here’s the Top 5 List

    Best Crypto Airdrop Twitter Channels to Follow in 2023; Here’s the Top 5 List

    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

    Top 10 Online Forums for Crypto Enthusiasts To Join In Jan 2023

  • Analysis
    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Bitcoin Price Resumes Increase as The Bulls Aim Larger Rally To $25K

    Ethereum Price Key Indicators Point Firming Case For Recovery Above $1,250

    Ethereum Price Holds Ground And Sees Fresh Rally, Bulls Are Not Done Yet

    Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move

    Bitcoin Price Holds Key Support But The Bulls Seem To Be Losing Steam

    Ethereum Price Offers Trade Opportunities After Recent Bullish Breakout

    Ethereum Price Another Rejection Signals Risk of Bearish Reaction

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Polygon (MATIC) Surges Nearly 10% As zkEVM Network Update Draws Near

    Rallies 10%, Polygon Bulls Aim Big

    Rallies 10%, Polygon Bulls Aim Big

    XRP Whales Accumulate Massive Tokens

    XRP Whales Accumulate Massive Tokens

    Solana Rally Could Gather Pace above $30

    Solana Rally Could Gather Pace above $30

    BNB Price Rebounds Toward $250 But Risk of Drop To $200 Still Exists

    Ethereum Price Drops 6% and Signals Risk of Trend Change Below This Support

  • Play2Earn
    Axie Wraps up Homeland Season 0

    Axie Wraps up Homeland Season 0

    Gala Games 2023 Roadmap – Play to Earn

    Gala Games 2023 Roadmap – Play to Earn

    The Harvest Launches Open Beta

    The Harvest Launches Open Beta

    Project Red Opens Public Alpha

    Project Red Opens Public Alpha

    The Sandbox Hosts WBDD Release Party Event

    The Sandbox Hosts WBDD Release Party Event

    Continuum World First Explorer Launch

    Continuum World First Explorer Launch

    Build and Earn with VoxEdit and Blankos

    Build and Earn with VoxEdit and Blankos

    Axie Lunar New Year and Budget Axies Events

    Axie Lunar New Year and Budget Axies Events

    Voxie Tactics Reveals Upcoming Changes

    Voxie Tactics Reveals Upcoming Changes

  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop
No Result
View All Result
Xarabek
No Result
View All Result

Mapping how Solana can successfully breach $200 again

2021-10-02
in Altcoins
0
Mapping how Solana can successfully breach $200 again
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Disclaimer: The findings of the next evaluation are the only opinions of the author and shouldn’t be taken as funding recommendation

Solana pushed into the average retracement zone after cooling off from file ranges. From this level, patrons can be within the hunt for enticing value ranges in an effort to set off the subsequent leg upwards. The presence of a bull flag on SOL’s weekly sample solely reaffirmed the probabilities of a bullish breakout going ahead.

On the time of writing, SOL was buying and selling at $138.5, up by 1.5% over the past 24 hours.

Solana Day by day Chart

Supply: SOL/USD, TradingView

Solana has had fairly the bull run since hitting a low of $22 in late July. The platform’s progress within the DeFi house and newfound tasks allowed SOL to climb previous a number of milestones and register an all-time excessive of $216 in early September.

You might also like

Dogecoin Records Massive Whale Accumulation After Twitter Payment Update

Will This Help Terra Classic’s (LUNC) Crypto Price To 5X?

XRP Price Dump Alert? Whales Caught Moving Mlns Of XRP

Since then, a correctional section has been energetic as the worth moved throughout the confines of a down-channel. The Fibonacci device recognized that SOL had moved into the average retracement zone current between the 38.2% and 50% Fibonacci ranges. If this zone is ready to rejuvenate shopping for stress, a right away rally above $200 can be on the playing cards.

Now, in case broader market weak spot curbs sentiment, SOL would slip beneath the 50% Fibonacci stage and head into the ‘golden retracement zone.’ From there, a bounceback from the 61.8% Fibonacci stage on sturdy volumes would lay the inspiration for the subsequent rally.

With a view to nullify a bullish thesis, SOL wants to chop beneath the $78.6 Fibonacci stage. This is able to enable short-sellers to enter the market.

Reasoning 

Based on the MACD, promoting stress has been on a decline over the previous few days. Anticipate patrons to flock in if a bullish crossover materializes. In the meantime, impartial observations have been famous throughout the Directional Motion Index and the Relative Energy Index.

Over right here, it’s necessary to notice that SOL appeared to be taking form inside a bull flag sample on its weekly chart. A breakout will be anticipated within the coming days.

Conclusion 

Promoting stress will be anticipated to fizzle out inside SOL’s average retracement zone. A reversal from the $130-support would translate right into a hike above the $200-mark, supplied patrons are in a position to hike above $152.3 with relative ease.

Even when SOL tendencies decrease, patrons would have one other shot on the 61.8% Fibonacci stage. With a bullish sample current on SOL’s weekly chart as properly, sellers confronted an unlimited problem in flipping market dynamics.

Source link

Tags: breachMappingSolanasuccessfully
Share30Tweet19

Recommended For You

Dogecoin Records Massive Whale Accumulation After Twitter Payment Update

2023-02-01
0
ChatGPT Sings Praises for Dogecoin In the New Poem

Whales transferred massive quantities of Dogecoin (DOGE) amid reviews claiming Elon Musk began making use of for regulatory licenses within the U.S. for Twitter funds. The Dogecoin group...

Read more

Will This Help Terra Classic’s (LUNC) Crypto Price To 5X?

2023-02-01
0
Will This Help Terra Classic’s (LUNC) Crypto Price To 5X?

The Terra Traditional (LUNC) value reversed its downward pattern barely into the brand new yr and attracted some reasonable shopping for near the extent of $0.0001530. Over the...

Read more

XRP Price Dump Alert? Whales Caught Moving Mlns Of XRP

2023-01-31
0
XRP Price Dump Alert? Whales Caught Moving Mlns Of XRP

XRP Worth Information: Amid the crypto winter and the Ripple lawsuit saga, XRP is slowly shedding its momentum. Nevertheless, the most recent whale information depicts that whales are...

Read more

Terra Classic Project Burns 16 Million LUNC Tokens, Becomes Top Burner

2023-01-31
0
Terra Classic (LUNC) Price Reaches $0.0005 Target, Enters Top 30

Terra Traditional challenge Cremation Coin burned 16,455,507 LUNC tokens on Tuesday. With the newest burn, the newly launched challenge has burned over 28.6 million LUNC tokens in lower...

Read more

Cardano’s Stablecoin DJED Faces Same Fate As Luna’s UST?

2023-01-31
0
Cardano’s Stablecoin DJED Faces Same Fate As Luna’s UST?

On January 31, layer-one protocol COTI formally launched DJED, the native stablecoin for the Cardano (ADA) community. The introduction of the Djed stablecoin is anticipated to extend the...

Read more
Next Post
Here’s what stands between Ethereum and $3,500

Here's what stands between Ethereum and $3,500

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

More than 10% ETH deposited in ETH 2.0 contract but here’s the caveat

More than 10% ETH deposited in ETH 2.0 contract but here’s the caveat

2022-05-30
Alameda Research Already Blew Up During the Second Quarter

Alameda Research Already Blew Up During the Second Quarter

2022-11-09
Investors Take Refuge In Bitcoin As Inflation Rises

Investors Take Refuge In Bitcoin As Inflation Rises

2021-12-14

Browse by Category

  • Altcoins
  • Analysis
  • Bitcoin
  • Crypto
  • DeFi
  • Education
  • Ethereum
  • Investment
  • Learn About Crypto
  • NC
  • NFT
  • Play2Earn
  • Strategy
  • Uncategorized

ABOUT US

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Investment, Market, and more.

Referall

https://bit.ly/2Y2f9sP

CATEGORIES

  • Altcoins
  • Analysis
  • Bitcoin
  • Crypto
  • DeFi
  • Education
  • Ethereum
  • Investment
  • Learn About Crypto
  • NC
  • NFT
  • Play2Earn
  • Strategy
  • Uncategorized

NEWSLETTER

  • Contact
  • Terms & Conditions
  • Privacy Policy

© 2021 Xarabek - All rights reserved

No Result
View All Result
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
    • DeFi
  • Learn
  • Analysis
  • Play2Earn
  • Investment
    • subscription packages
  • Strategy
  • Market Cap
  • Tutorial
  • Shop

© 2021 Xarabek - All rights reserved

  • RelevantRelevant(REL)$0.825.35%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • B20B20(B20)$0.4507925.62%
  • BitballBitball(BTB)$0.0019770.37%
  • CornichonCornichon(CORN)$0.073096-0.86%
  • MoonToolsMoonTools(MOONS)$13.810.00%
  • StacyStacy(STACY)$0.0007100.00%
  • Lunch MoneyLunch Money(LMY)$0.0004180.00%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003679-6.88%