Will Solana Price Reach $200 in November?

Quick Summary:

Over the past seven months, the Solana price has traded sideways, struggling to sustain above the $200 psychological level.

An analysis of daily charts shows this recovery as buyers attempt a 7-month consolidation with the bull-pennant pattern.

In addition, the number of new addresses in Solana recorded a sharp rise from 3 Million to 5.9 Million in October, accounting for a 96% surge.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Solana Price Analysis SOL Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 19:28:11 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 404 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 12 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 23366421

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 39 posts per day

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Headquarters: India

News Last Updated: 8 hours ago

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