Lokesh Gupta
18-03-2024
#Solana price has shown resilience above the $150 mark, maintaining its upward momentum.
Notable surges occurred beyond the $180 and $200 thresholds, indicating strong bullish sentiment.
Within the last 24 hours, #Solana experienced an impressive 8% surge, peaking at $205, reaching the 78.60% Fibonacci Level.
Bullish momentum appears robust as Solana surpasses the $200 milestone.
Positive indications persist in $SOL's price movement, potentially leading to breaking the $220 resistance level soon.
Three consecutive bullish candles on the weekly chart suggest a strong upward momentum.
Solana's weekly chart reveals a Rounding Bottom pattern, signaling a notable price surge.
The lingering question revolves around whether the rally will persist and breach the 78.60% Fibonacci level, or if resistance will impede further gains.
According to Coingabbar's analysis, Solana price prediction 2030 targets around $700, while Solana price prediction 2040 has the potential to surge to $1500.
KEY LEVELS :
RESISTANCE LEVEL : $220-$250
SUPPORT LEVEL : $180-$150
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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