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Solana Consolidates In A Bullish Pattern – A Breakout ‘Could Spark A 40% Move’

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Solana Consolidates In A Bullish Pattern – A Breakout ‘Could Spark A 40% Move’ - NewsBTC

Quick Summary:

Related Reading: Whales Buy 470 Million Dogecoin In 48 Hours As Price Tests Crucial Demand Level – Details As investors brace for potential volatility, the coming days will likely determine whether Solana can reclaim its leadership status or succumb to further selling pressure.

Top analyst Ali Martinez recently shared a technical analysis on X, revealing that Solana is currently consolidating within a symmetrical triangle pattern—a formation often seen during periods of indecision in the market.

Solana Faces Critical Consolidation As Market Awaits Next Move Solana, often hailed as a market leader since 2023, has faced significant headwinds in recent weeks.


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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-13 @ 23:00:22 (1 days ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 651 words

Reading Time: 4 minutes read

Sentences: 73 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 25132200

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 16 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 8 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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