Solana Must Reclaim Momentum In The Coming Weeks – SOL/BTC Ratio At A Pivotal Point

Quick Summary:

The current market indecision, fueled by Bitcoin’s struggle to break above $100,000, has left many altcoins, including Solana, in a state of flux.A breakout above the 0.0022 level on the SOL/BTC chart would not only reinforce confidence in Solana’s bullish potential but also mark it as a strong contender in the ongoing market rally.

Solana has been forming higher lows, a positive sign of strength, but it still needs to reclaim higher supply zones to confirm a sustained bullish trend.

According to Jelle, Solana must reclaim the 0.0022 level against BTC to signal strength and confirm its bullish outlook.

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Article Details

Author / Journalist: Sebastian Villafuerte

Category: Crypto

Markets: United Kingdom

Topics: Solana Price Solana Solana demand Solbtc Solana news Solana Technical Analysis Sol SOLUSDT Solana ATH

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-09 @ 03:00:38 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 551 words

Reading Time: 4 minutes read

Sentences: 64 lines

Sentence Length: 9 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 24989513

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About NewsBTC

Main Topics: Crypto

Official Website: newsbtc.com

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Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

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