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Solana (SOL) To $300 This Month? ‘All Bets Are Off’ Once It Reclaims This Level

NewsBTC LogoNewsBTC13h ago

Solana (SOL) To $300 This Month? ‘All Bets Are Off’ Once It Reclaims This Level - NewsBTC

Quick Summary:

Crypto analyst Jelle highlighted that the "SOL hourly chart just looks like it wants another stab at $300 this month.” The analyst pointed out that the cryptocurrency had broken out of its three-day "Post-trump shitcoin launch downtrend,” while indicators like moving averages were "back to bullish.” The post also noted that SOL’s recent performance was trying to reclaim November highs.

Related Reading: Number Of New Trump-Themed Malicious Tokens Spike 206% After Official Memecoin Launch Solana Holds Despite Volatility Solana, the fifth-largest crypto by market capitalization, has performed remarkably over the last week, fueled by US President Donald Trump’s token launch.

Similarly, Nebraskangooner shared a positive outlook for Solana, noting that it is "consolidating right at all-time highs… no reason to think this doesn’t melt up from here.” Related Reading: Analyst Says Bitcoin Is Entering Second Price Discovery Uptrend’, What’s Ahead For BTC?


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Solana (SOL) To $300 This Month? ‘All Bets Are Off’ Once It Reclaims This Level - NewsBTC (Picture 1)Solana (SOL) To $300 This Month? ‘All Bets Are Off’ Once It Reclaims This Level - NewsBTC (Picture 2)

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-23 @ 09:00:39 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 491 words

Reading Time: 3 minutes read

Sentences: 77 lines

Sentence Length: 7 words per sentence (average)

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

Copyright Owner: © NewsBTC

News ID: 25360471

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About NewsBTC

NewsBTC Logo

Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 8 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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