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Solana Price Analysis: SOL Breaks Above $170, Defying Bears


by Lipika Deka
for CoinEdition
Solana's Bearish Sentiment Could Be the Key to Its Continued Price Pump
  • Solana rebounds above $170 after a sharp fall, challenging bearish crowd sentiment.
  • SOL forms a bullish Cup & Handle pattern, signaling a possible rally toward $370.
  • Solana’s DeFi TVL hits $6.46B, reinforcing bullish market momentum.

Solana (SOL) is staging a strong comeback after a significant drawdown, with its price surging above $170, its highest point in nearly three months. This price trend shows a disconnect between bearish crowd sentiment and market movements. Additionally, technical indicators suggest the price will continue to rise, positioning Solana for further gains.

Solana Outperforms Altcoins Despite Bearish Expectations

The fifth-largest altcoin continues to defy bearish crowd expectations, outperforming most other altcoins. After a sharp decline on October 23rd, SOL has rebounded, demonstrating how m…

The post Solana Price Analysis: SOL Breaks Above $170, Defying Bears appeared first on Coin Edition.

Read the article at CoinEdition

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Solana Outperforms Bitcoin; Possibly Poised to Follow Ether's Recent 200% Rally, Says Analyst

Solana Outperforms Bitcoin; Possibly Poised to Follow Ether's Recent 200% Rally, Says Analyst

SOL is the "most obvious long right now," fueled by up to $2.6 billion demand from cr...
Bullish Breeze for Solana (SOL): Is a Price Wave About to Hit?

Bullish Breeze for Solana (SOL): Is a Price Wave About to Hit?

With the mixed signals lingering in the crypto market, many of the assets are trapped...

Solana Price Analysis: SOL Breaks Above $170, Defying Bears


by Lipika Deka
for CoinEdition
Solana's Bearish Sentiment Could Be the Key to Its Continued Price Pump
  • Solana rebounds above $170 after a sharp fall, challenging bearish crowd sentiment.
  • SOL forms a bullish Cup & Handle pattern, signaling a possible rally toward $370.
  • Solana’s DeFi TVL hits $6.46B, reinforcing bullish market momentum.

Solana (SOL) is staging a strong comeback after a significant drawdown, with its price surging above $170, its highest point in nearly three months. This price trend shows a disconnect between bearish crowd sentiment and market movements. Additionally, technical indicators suggest the price will continue to rise, positioning Solana for further gains.

Solana Outperforms Altcoins Despite Bearish Expectations

The fifth-largest altcoin continues to defy bearish crowd expectations, outperforming most other altcoins. After a sharp decline on October 23rd, SOL has rebounded, demonstrating how m…

The post Solana Price Analysis: SOL Breaks Above $170, Defying Bears appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana Outperforms Bitcoin; Possibly Poised to Follow Ether's Recent 200% Rally, Says Analyst

Solana Outperforms Bitcoin; Possibly Poised to Follow Ether's Recent 200% Rally, Says Analyst

SOL is the "most obvious long right now," fueled by up to $2.6 billion demand from cr...
Bullish Breeze for Solana (SOL): Is a Price Wave About to Hit?

Bullish Breeze for Solana (SOL): Is a Price Wave About to Hit?

With the mixed signals lingering in the crypto market, many of the assets are trapped...