Solana Breaks Above Key Resistance At $225 – ATH Next?

Quick Summary:

According to Martinez, Solana appears to be entering a bullish phase, and this recent surge is just the beginning of a much larger upward trend.  He identified $250 as the next target for Solana, which lies just below the all-time high of $259 set in November 2021.

Bullish Price Action: SOL Levels To Watch  Solana is trading at $236, clearing yearly highs and setting a new local high just 10% below its all-time high (ATH).

Related Reading: XRP Breaks Above Multi-Year Resistance – Top Analyst Shares Price Target The confirmation of the $225 breakout signals growing demand, driven by both institutional interest and broader market optimism.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: United Kingdom

Topics: Solana news SOLUSDT Solana ATH Solana ( SOL) Sol Solana Rally Solana breakout Solana price analysis Solana

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-17 @ 21:00:38 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 560 words

Reading Time: 4 minutes read

Sentences: 71 lines

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Copyright Owner: © NewsBTC

News ID: 23639858

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Main Topics: Crypto

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