![Best Times to Post on YouTube in 2025 [Research]](https://www.hubspot.com/hubfs/best-time-to-post-youtube.jpg)
![12 Web Design Best Practices & Guidelines for Usability in 2025 [+ Expert Tips]](https://www.hubspot.com/hubfs/website-design-1-20241121-4075840.webp)
Will Solana Smash Its 52-week High of $209 in this Bull Run?
The post Will Solana Smash Its 52-week High of $209 in this Bull Run? appeared on BitcoinEthereumNews.com. Solana’s price action has been marked by robust bullish momentum of late, with the cryptocurrency trading hands at $193.59 (at press time)—a 4.60% increase on the day. Its 50-day simple moving average languishes far below $149.61, a signal that the broader trend remains decidedly upward in the near to intermediate term. Solana forecast anticipates additional gains, projecting the crypto asset to pierce the $212.26 price level by August 5th, 2024—a 14.56% rise from current levels. Both technical indicators and recent price behavior further corroborate this prognosis of continued advance, with the digital currency Fear and Greed Index registering a “Greedy” 71 out of 100 and SOL recording 20 sessions in the green over the past 30 days amid 10.42% daily volatility. The market trajectory for SOL suggests high prospects for surpassing its prior 52-week peak. Evidence of reliably climbing highs and lows, accompanied by robust volume, signals bullish momentum may continue propelling prices upward. The breakout exceeding the $180 resistance strengthens this prediction. Current price action implies SOL is on track to test and potentially supersede the $209 mark. For SOL to reach that $209 level, it must preserve its ascendant impetus while still luring buying enthusiasm. Watch closely the $200 and $209 resistance points, with support at $180 and $160. If SOL defeats $200 resistance using large volume and positive sentiment, it appears poised to challenge and potentially eclipse its previous high above $209. Sustaining this drive even higher remains possible should underlying market conditions hold. Current market optimism toward cryptocurrencies stems from a recent institutional embrace and another influential endorsement. Just this week, a US senator unveiled draft legislation directing the national treasury to procure one billion dollars worth of the flagship cryptocurrency. This unexpected development follows encouraging statements by a former US president at a Tennessee conference. …
The post Will Solana Smash Its 52-week High of $209 in this Bull Run? appeared on BitcoinEthereumNews.com.
Solana’s price action has been marked by robust bullish momentum of late, with the cryptocurrency trading hands at $193.59 (at press time)—a 4.60% increase on the day. Its 50-day simple moving average languishes far below $149.61, a signal that the broader trend remains decidedly upward in the near to intermediate term. Solana forecast anticipates additional gains, projecting the crypto asset to pierce the $212.26 price level by August 5th, 2024—a 14.56% rise from current levels. Both technical indicators and recent price behavior further corroborate this prognosis of continued advance, with the digital currency Fear and Greed Index registering a “Greedy” 71 out of 100 and SOL recording 20 sessions in the green over the past 30 days amid 10.42% daily volatility. The market trajectory for SOL suggests high prospects for surpassing its prior 52-week peak. Evidence of reliably climbing highs and lows, accompanied by robust volume, signals bullish momentum may continue propelling prices upward. The breakout exceeding the $180 resistance strengthens this prediction. Current price action implies SOL is on track to test and potentially supersede the $209 mark. For SOL to reach that $209 level, it must preserve its ascendant impetus while still luring buying enthusiasm. Watch closely the $200 and $209 resistance points, with support at $180 and $160. If SOL defeats $200 resistance using large volume and positive sentiment, it appears poised to challenge and potentially eclipse its previous high above $209. Sustaining this drive even higher remains possible should underlying market conditions hold. Current market optimism toward cryptocurrencies stems from a recent institutional embrace and another influential endorsement. Just this week, a US senator unveiled draft legislation directing the national treasury to procure one billion dollars worth of the flagship cryptocurrency. This unexpected development follows encouraging statements by a former US president at a Tennessee conference. …
What's Your Reaction?
