Solana

Crypto analyst Tony anticipates Solana entering a bullish fifth wave, predicting a robust uptrend.<ul><li>Solana’s trading volume surged by 119%, indicating increased investor interest and market activity.</li><li>Solana recorded a 20% price increase over the past week, showcasing strong market resilience.</li></ul>Solana witnessed an optimistic analysis from analyst Crypto Tony as he provided insights into its potential bullish movement. In his forecast, Tony emphasizes that the Solana price is poised to reach new highs in the coming days.The chart, labelled with Elliott Wave notations, indicates the potential future trends for Solana. The current positioning of the waves suggests that <a href="https://cryptotale.org/analyst-exposes-market-manipulation-in-solanas-price/" rel="noopener noreferrer nofollow">Solana</a> could be at the beginning of a positive upswing. Specifically, after the completion of wave (iv), which saw a price drop, wave (v) is expected to initiate a rising trend.Related: <a href="https://cryptotale.org/analyst-exposes-market-manipulation-in-solanas-price/" rel="noopener noreferrer nofollow">https://cryptotale.org/analyst-exposes-market-manipulation-in-solanas-price/</a>The chart identifies a support level near $142, which has been tested but not breached recently, hinting at a stable base from which prices might ascend. Tony&#39;s prediction points towards an optimistic future for Solana as it potentially heads into the fifth wave, typically associated with strong upward movements.<a href="https://cryptotale.org/solana-poised-for-growth-crypto-analyst-forecasts-uptrend/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Solana Poised for Growth, Crypto Analyst Forecasts Uptrend

CryptoTale

Other articles published on Aug 12, 2024

Santa Monica Launches ‘Bitcoin Office’ to Boost Crypto Education and Attract Industry Investment

Superstate Integrates Chainlink to Boost Transparency of USTB Tokenized Fund

Meme Coins DOGWIFHAT and BONK Struggle, While DigiHorse (DIGI) Eyes a 22.5% Gain

Bitcoin Miners Adapt to Revenue Drop

Weekly Article Recap: 8/05-8/09

Crypto Market Value Soars 6.1% in July, DeFi TVL Up 3.5%

Join our free newsletter for daily crypto updates!