Solana Could Target $220 If It Holds Current Levels – Analyst Expects Short-T...
Solana is trading above the crucial $200 level after enduring days of extreme volatility and heavy selling pressure. Despite the uncertainty, Solana remains one of the strongest assets in the crypto market, sustaining its bullish momentum that has been in place since 2023. Investors and analysts are closely watching this key level, as maintaining support above $200 is essential to confirm further upside potential. Related Reading: Bitcoin Looks Stronger Compared To Altcoins – Demand Remains Strong As Price Consolidates In A Range Top analyst Jelle shared a technical analysis on X,....
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VanEck, a global investment management firm with a nearly 70-year history and a strong reputation in the exchange-traded funds (ETF) arena, has issued a striking price target for Solana (SOL). In a post shared on X on January 6, the New York-based firm projected Solana’s value to soar to $520 by the end of 2025. VanEck Predicts $520 By End Of 2025 For Solana VanEck’s thesis centers on Solana’s share within the smart contract platform (SCP) market, as well as the historical correlation between crypto market capitalization and the growth in the US. M2 money supply. According to the firm:....
Crypto analyst SiDec has raised the possibility of the Solana price dropping to double digits. The analyst revealed major levels to watch for entries as market participants brace up for this massive crash. Major Levels To Watch As Solana Price Risks Drop To Double Digits In a TradingView post, SiDec highlighted the range between $136 and $143 as the major resistance zone for the Solana price. Meanwhile, he stated that between $102 and $98 is the next major support zone, indicating that SOL risks dropping to double digits soon if it fails to hold this support zone. Related Reading: Solana....
Amid the calls for new all-time highs for Bitcoin, one analyst is going against the trend and calling a crash. The prediction not only expects Bitcoin to break below the $100,000 level, which many believe was already left in the past, but to actually fall by more than 60% from here. The analysis, which depicts a flash crash, shows a possible price reversal into levels not seen in years. Entering A Bitcoin Short With Conviction The crypto analyst who goes by the pseudonym Dick Dandy revealed that their next move was to enter into a Bitcoin short position between $121,400 and $121,700.....
Bank of America’s analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, gaming, and non-fungible tokens (NFTs), the analyst expects “Solana could become the Visa of the digital asset ecosystem.”
Bank of America on Crypto, Ethereum, and Solana
Bank of America (BOFA) analyst Alkesh Shah published a research note on cryptocurrency this week arguing that Solana could take market share away from Ethereum.
The Bank of America analyst described that Solana “produces a....
Rejected once again as it attempted to reclaim the $40,000 area, Bitcoin trades just north of $39,000. The first crypto by market cap is moving on a low timeframe range between the mid area of its current levels, and around $48,000. Related Reading | Bitcoin Clings To $40K On Easter Sunday As Crypto Seen To Head Lower In The Short Term In higher timeframes, Bitcoin seems trapped between the low $30,000s and the high $60,000s. Whenever it approaches, traders turn to high fear of high greed levels. At the time of writing, Bitcoin trades at $39,300 with a 3% and 7% loss in the last 24....