Solana (SOL) Just Broke Out From A 4 Year Pattern, Targeting $2700 – What Other Cryptos Can 10x This Cycle?
The post Solana (SOL) Just Broke Out From A 4 Year Pattern, Targeting $2700 – What Other Cryptos Can 10x This Cycle? appeared on BitcoinEthereumNews.com. Solana has captured headlines this week after the Solana price broke out of a long-term cup-and-handle pattern that dates back nearly four years, while Sui crypto is also showing signs of a breakout. This breakout comes as Bitcoin surged to a fresh all-time high of $122,838 which shows renewed interest across the altcoin market. Meanwhile, on the Move-based chains front, SUI crypto has quietly rallied above key resistance levels which shows robust on-chain growth and staking activity. A rising newcomer with a cross-chain DeFi project focus, it hints at the kind of innovation that could fuel the next altcoin uptrend. Solana Price Breakout: SOL Soars Past $170, Eyes $2,700 Analysts have highlighted a classic cup-and-handle formation on Solana’s daily chart, with a decisive weekly close above $170 marking the official breakout. This pattern, which began forming after the 2022 downturn, suggests SOL could test Fibonacci targets at $295, $787, $1,314, and ultimately $2,700. Experts have also observed that Solana is consolidating in an ascending triangle below $170, with trendline support from $142. The MFI currently sits neutral at 48.66, with no clear inflow or outflow bias. A potential spot SOL ETF approval (odds at 99%) and growing institutional holdings lend further bullish impetus. SUI Crypto Gains Momentum: TVL Climbs, $5 in Sight SUI Crypto has broken above $3.50, signalling strong bullish intent and marking a critical resistance flip. On-chain metrics show SUI’s Total Value Locked climbing to $1.87 billion which shows growing DeFi activity. Experts have noticed that SUI crypto is close to a big breakout. It is currently pushing against key $4.11 resistance, the last stop before testing the ATH. With its developer-friendly Move language and scalable parallel processing, SUI Crypto stands out among Layer-1s and cross-chain DeFi project contenders looking to dethrone older networks. Best Crypto Presale to…
The post Solana (SOL) Just Broke Out From A 4 Year Pattern, Targeting $2700 – What Other Cryptos Can 10x This Cycle? appeared on BitcoinEthereumNews.com.
Solana has captured headlines this week after the Solana price broke out of a long-term cup-and-handle pattern that dates back nearly four years, while Sui crypto is also showing signs of a breakout. This breakout comes as Bitcoin surged to a fresh all-time high of $122,838 which shows renewed interest across the altcoin market. Meanwhile, on the Move-based chains front, SUI crypto has quietly rallied above key resistance levels which shows robust on-chain growth and staking activity. A rising newcomer with a cross-chain DeFi project focus, it hints at the kind of innovation that could fuel the next altcoin uptrend. Solana Price Breakout: SOL Soars Past $170, Eyes $2,700 Analysts have highlighted a classic cup-and-handle formation on Solana’s daily chart, with a decisive weekly close above $170 marking the official breakout. This pattern, which began forming after the 2022 downturn, suggests SOL could test Fibonacci targets at $295, $787, $1,314, and ultimately $2,700. Experts have also observed that Solana is consolidating in an ascending triangle below $170, with trendline support from $142. The MFI currently sits neutral at 48.66, with no clear inflow or outflow bias. A potential spot SOL ETF approval (odds at 99%) and growing institutional holdings lend further bullish impetus. SUI Crypto Gains Momentum: TVL Climbs, $5 in Sight SUI Crypto has broken above $3.50, signalling strong bullish intent and marking a critical resistance flip. On-chain metrics show SUI’s Total Value Locked climbing to $1.87 billion which shows growing DeFi activity. Experts have noticed that SUI crypto is close to a big breakout. It is currently pushing against key $4.11 resistance, the last stop before testing the ATH. With its developer-friendly Move language and scalable parallel processing, SUI Crypto stands out among Layer-1s and cross-chain DeFi project contenders looking to dethrone older networks. Best Crypto Presale to…
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