Solana price prediction – A ‘V-shaped’ recovery rally on the cards for SOL?

Quick Summary:

Solana's price action in the near term could do better than one's expectations.

Solana’s technical and fundamental indicators suggest a promising bullish rally, with clear levels to watch in the coming weeks.

At the time of writing, Solana’s MVRV ratio seemed to point to a recovery phase, suggesting that most investors who entered during prior accumulation phases are now either at break-even or slightly in profit.

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Article Details

Author / Journalist: Clinton Otieno

Category: Crypto

Markets: United States

Topics: News 1 Ambcrypto Social Trading View Solana News Altcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-12 @ 21:00:48 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 656 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 21 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 25090140

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 18 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #103

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