bullish

Rally

Solana

Gains

<p><a href="https://captainaltcoin.com/solana-whales-begin-accumulating-sol-as-price-nears-breakout-to-all-time-high/" target="_blank" rel="noopener noreferrer nofollow">Solana (SOL)</a> continues to captivate the market with its steady rise, particularly as it bucks broader trends in the crypto sector. An analysis by @DaCryptoGeneral, a top voice in crypto circles, highlights Solana’s strength.&nbsp;</p>
<p>The expert cites the altcoin’s resilience amid Bitcoin’s fluctuations and projects a potential surge to $290. This prediction aligns with Solana’s chart performance, where it bounced off a key support level, suggesting the coin may maintain its upward trajectory.</p>
<h2 class="wp-block-heading" id="strong-key-levels-in-solana-s-current-uptrend-strong"><strong>Key Levels in Solana’s Current Uptrend</strong></h2>
<p>The SOL chart by Crypto General on a 4-hour timeframe, <a href="https://coinmarketcap.com/currencies/solana/" target="_blank" rel="noopener noreferrer nofollow">currently priced around $180</a>, illustrates its ongoing momentum. After retesting a support level at $164.20, the coin demonstrated robust bullish behavior, rebounding sharply.&nbsp;</p>
<p>Crypto General views this level as a critical foundation, providing SOL with stability and positioning it for potential gains if held. Should the price encounter downward pressure, the $121 level is marked as a fallback, providing a historical support zone that may attract long-term buyers.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SOL</a> is moving as planned, price is pumping post a retest <br><br>Sol is showing great strength from the past few weeks, defying the <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a> dumps but pumping along with BTC pumping <br><br>No doubt it is one of my favourite coin for this season and I am targeting a minimum of $290 in the… <a href="https://t.co/0RwwymSZ1X" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/0RwwymSZ1X</a></p>— Crypto General <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f984.png" alt="🦄" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@DaCryptoGeneral) <a href="https://twitter.com/DaCryptoGeneral/status/1850903593726935113?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 28, 2024</a>
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<p>A notable resistance for SOL exists at $193.86, identified as a short-term challenge that could decide the pace of the current rally. Breaking above this point with stability could signal further bullish strength and clear the path toward the upper target at $288.51.&nbsp;</p>
<p>The $290 prediction, supported by @DaCryptoGeneral, represents a key resistance level, not only technically but also as a psychological milestone. This target reflects both market anticipation and the potential continuation of <a href="https://bitcoinist.com/solana-key-metrics-will-sol-follow/" target="_blank" rel="noopener noreferrer nofollow">SOL’s uptrend</a>, though some consolidation might occur around these resistance points.</p>
<h2 class="wp-block-heading" id="strong-sol-defies-bitcoin-trends-gains-market-attention-strong"><strong>SOL Defies Bitcoin Trends, Gains Market Attention</strong></h2>
<p>One aspect setting Solana apart is its performance relative to Bitcoin (BTC). Unlike many altcoins that tend to follow BTC’s trajectory, SOL has shown resilience during Bitcoin’s dips, while aligning with <a href="https://www.cryptotimes.io/2024/10/29/bitcoin-price-rises-above-71000-ahead-of-u-s-elections/" target="_blank" rel="noopener noreferrer nofollow">BTC’s positive movements</a>.&nbsp;</p>
<p>@DaCryptoGeneral emphasized this distinctive behavior in his tweet. He noted SOL’s ability to “defy BTC dumps” and hold firm during corrections, only to surge alongside BTC’s upward moves. This uncorrelated strength positions SOL as an attractive option for investors seeking assets less bound to BTC’s price shifts.</p>
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<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/elite-analyst-predicts-major-rally-for-aave-heres-the-outlook/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Elite Analyst Predicts Major Rally for AAVE – Here’s the Outlook</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-projected-pathway-potential-for-steady-gains-strong"><strong>Projected Pathway: Potential for Steady Gains</strong></h2>
<p>Solana’s price action on the chart shows a gradual uptrend, characterized by higher lows and sustained gains over several weeks. Besides, the retest of the $164.20 support level reaffirms the current bullish momentum, which the analyst sees as a signal for potential advances.&nbsp;</p>
<p>The pathway ahead may include tests at key resistance levels like $193.86 and eventually $288.51, with possible consolidation phases along the way. Watching SOL for indications of further rallies will be crucial, as the altcoin garners interest for its relative stability in a volatile market.</p>
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<p>The post <a href="https://captainaltcoin.com/this-analyst-makes-a-viral-solana-sol-price-prediction/" rel="noopener noreferrer nofollow">This Analyst Makes a Viral Solana (SOL) Price Prediction</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

This Analyst Makes a Viral Solana (SOL) Price Prediction

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