Sunshine to the moon? Cryptocurrency expert predicts SOL at $90

In line with the recent rally in the overall cryptocurrency market, Solana (SOL) has followed suit, experiencing over 60% growth in the last month. Investors might be wondering what the next price target will be for this digital asset.

The importance of Solana closing above $68.2 and a $60 support level as a driving force towards the $90 threshold is highlighted in the cryptocurrency analyst’s X post. Ali Martinez on December 7th.

SOL has since surpassed this threshold and closed in a price range above this prediction, indicating a continuation of its bullish momentum for the time being.

Bullish indicators for Solana

Solana has seen some notable positive indicators in the past 24 hours as it has shown its continued upside potential through the sudden rise in its total value locked from $600 million to $833 million, according to data provided by Step data information December 8th.

Additionally, SOL has also become the second cryptocurrency by decentralized exchange volume, experiencing weekly gains amounting to 67.38% and over $3 billion in trading volume, according to information provided by The DeFi investor December 8th.

These notable achievements and the previous analysis of Solana’s potential to break the $90 threshold explain an optimistic outlook regarding the possible future price range.

Solana Price Analysis

At the time of writing, Solana price stood at $71.53, up 13.97% on the day, adding to the 16.30% gain in the previous 7 days and a more significant increase of 65.18% in its monthly chart.

This cryptocurrency shows solid fundamentals, with a price increase of 433% in the last year, allowing it to outperform 95% of the top 100 crypto assets in the same period. In particular, it outperforms Bitcoin (BTC) and Ethereum (ETH).

It is trading above its 200-day simple moving average and experienced 17 green days in the previous 30 days.

However, it is essential to note that this cryptocurrency is still below its all-time high by a considerable percentage of -72%.

Since this digital asset has shown strong performance in the recent period, along with high market capitalization and trading volume, it is essential to remember that the cryptocurrency market is very volatile and caution is advised as investors should do their research. exhaustive in allocating its resources.

Disclaimer: The content of this site should not be considered investment advice. The investment is speculative. When investing, your capital is at risk.

Leave a Reply

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

Best Exchanges
Buy, trade, and hold 600+ cryptocurrencies on Binance
Buy, trade, and hold 450+ cryptocurrencies on ByBit
Buy, trade, and hold 150+ cryptocurrencies on Kucoin
Buy, trade, and hold 100+ cryptocurrencies on BitFinex 
Buy, trade, and hold 150+ cryptocurrencies on CoinBase

Guru Investing is an independent source of information about investing , not controlled by any broker. All our reviews and guides are created honestly, according to the best knowledge and judgement of the members of our independent expert team; however, they are intended for informative purposes only and should not be construed as, nor relied upon as, legal advice. You should always make sure that you meet all regulatory requirements before making any financial operations . Copyright ©2024 Email for contact [email protected]
pornhd.com hindisexyporn.com kashmiri girls sex jayasex indaporn.info desi bhabi xxx xlnindia sexo-vids.com 1st time sex video たかはししょうこ動画 javfuck.mobi 真正中出し3本番 彩乃なな sex film sexy film xxxhindividoes.com xnxx indian teens
ano nga ba ang pangarap iwantmoreteleserye.com hello heart episode 3 reshma hot saree images nuporn.mobi xvidies com bihar chudai tubezaur.mobi heroine photo hot dasixx hardcoreporntrends.com ileana d'cruz hot photoshoot www.xxxsexvideo.com xbeegtube.mobi hindi movi
www sxe vidoes erohardcore.info boops sucking dehati fuck kitporn.info chuk chuk rail fuckcomix.com mojoporntube.net gujaratisexvidio probinsyano october 18 2021 full episode freeteleseryetv.net ang probinsyano july 14 2022 قصص سكس كرتون cmsextra.net سكس بنات تخينة