Yello Paradisers, Solana (SOL) is on fire! Since the start of 2023, this crypto star has skyrocketed by a whopping 195%. From a modest $9.97 to a dazzling $30.72 in just 10 months. But the burning question on everyone’s mind: Can this rally keep its momentum?
📰 Deep Dive
Technical gurus are buzzing with excitement, hinting that SOL might just double its value. July saw an aggressive price surge, but the road to $32 might be a tad more steady. With SOL dancing around the $30 mark, all eyes are on its next move.
📰 Solana’s Dance Floor
If SOL keeps grooving upwards, watch out for the resistance levels at $30, $32, $33.8, and $37.4. Break these, and we’re in for a bullish fiesta! ???? But if the bears crash the party, SOL might dip to the $24 support zone. That’s the level to watch!
📰 Skyrocketing Success
After a year-long tussle, SOL finally leaped over the $25.86 barrier. But don’t get too comfy; a slight pullback to $25.86 or $24.43 might be on the cards, although, it is currently trading at $29.5. Bounce back from there, and we might just see SOL aiming for the stars at $69.79.
🌴 ParadiseTeam’s Take
SOL’s 2023 journey is nothing short of spectacular. With all these indicators and levels in the mix, it’s a thrilling ride for traders and investors. Stay sharp, Paradisers, and let’s navigate this crypto rollercoaster together!
ParadiseTeam 🌴