SOL's price volatility leads to a peak of $150, with experts predicting a bullish rally towards $1000 amid strong market sentiment.
has shown notable volatility. Initially fluctuating between $135 and $140, the price dipped below $135 on the 12th of July.
However, a recovery began on the 14th of July, leading to a peak of just over $150 on the 15th of July., with a 24-hour trading volume of $2,480,830,713, marking a 4.93% increase in the last 24 hours and an 8.64% increase over the past seven days.This optimistic projection aligned with the historical growth trajectory of Solana, which saw expansion from late 2020 to mid-2021.
Following a prolonged downtrend until early 2023, Solana has been on a recovery path, breaking out of a descending channel and forming an ascending pattern. “$SOL closed the week bullish — things are starting to look exciting again. My gut tells me we are playing on a similar fractal to Q3’21 with shades of Q4’20 — in both cases the most explosive returns were just around the corner.”“Many were shaken out by flip-flopping KOLs recently and only few had the conviction and patience to see this through. I am still a believer that SOL can likely get to 50% of ETH’s market cap this cycle.
The price exhibited noticeable volatility expansion, particularly in the early trading hours, and touched the middle band at one point, suggesting brief consolidation or a minor correction before potentially resuming upward movement.A bullish crossover occurred with the MACD line moving above the signal line, which was maintained for several hours, supporting the rising price trend.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Can Solana bulls push SOL above $150 this week?Solana (SOL) is currently grappling with intense bearish pressure, which has pushed its price to lower lows despite attempts by bulls...
Read more »
Warren Buffett's PacifiCorp reaches $150 million wildfire settlement(Reuters) -PacifiCorp, a utility owned by Warren Buffett's Berkshire Hathaway, agreed to a $150 million settlement with 378 plaintiffs arising from one of...
Read more »
View Royal tenants worried after landlord applies for $150 a month rent increase for repairsIndependent and employee owned - local news stories, weather, sports, events and more
Read more »
Someone in Toronto selling Goldfish cracker they think looks like the Pope for $1000Move over potato chips and slices of toast that look like Jesus, because there's a new holy figure-shaped snack food that's been found right here i...
Read more »
Gulf Oil Giant Adnoc With $150 Billion Turns Into Top DealmakerFor years, Abu Dhabi’s main oil producer was known as a sleepy state company content to churn out crude from its vast oil fields. But that stodgy reputation is getting a dramatic makeover as it uses a $150 billion budget to become one of the world’s most active energy dealmakers.
Read more »
Brazil Firm Eyes $150 Million Fund for Agricultural Giant’s Hottest AssetOwning farmland has proven one of the best investments in Brazil over the past decade. But only for Brazilians.
Read more »