{"id":640534,"date":"2024-09-08T05:00:13","date_gmt":"2024-09-08T05:00:13","guid":{"rendered":"https:\/\/ktsl888.com\/?p=640534"},"modified":"2024-09-07T21:02:25","modified_gmt":"2024-09-07T21:02:25","slug":"solana-flashes-buy-signal-rally","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/solana\/solana-flashes-buy-signal-rally\/","title":{"rendered":"Solana Flashes Buy Signal As Analysts Predict Rally For The Altcoin"},"content":{"rendered":"<p><a href=\"https:\/\/ktsl888.com\/news\/solana\/solana-on-watch-sol-price-could-crash-to-90-if-this-happens\/\"><span style=\"font-weight: 400\">Solana (SOL)<\/span><\/a><span style=\"font-weight: 400\">recently flashed a buy signal, suggesting that now might be a great time to accumulate the altcoin. This development comes as crypto analysts, including <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-crash-54500-headed\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Ali Martinez<\/span><\/a><span style=\"font-weight: 400\">, predicted a significant price surge for Solana.\u00a0<\/span><\/p>\n<h2>Solana Flashes Buy Signal<\/h2>\n<p><a href=\"https:\/\/bitcoinist.com\/dogecoin-price-100-to-0-322\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Ali Martinez<\/span><\/a><span style=\"font-weight: 400\"> revealed in an X (formerly Twitter) <\/span><a href=\"https:\/\/x.com\/ali_charts\/status\/97324063\" rel=\"nofollow\"><span style=\"font-weight: 400\">post<\/span><\/a><span style=\"font-weight: 400\"> that the TD sequential has presented a buy signal on Solana\u2019s daily chart, indicating that the altcoin could rebound from the lower boundary of the parallel channel toward the middle or upper boundaries. The crypto analyst mentioned that the altcoin has been consolidating within this channel since April earlier this year.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-fear-greed-index-bottom\/\">Bitcoin Fear &amp; Greed Index Falls To Extreme Fear, Is The Bottom Close?<\/a><\/div>\n<p><span style=\"font-weight: 400\">Martinez also provided insights into how <\/span><a href=\"https:\/\/ktsl888.com\/news\/solana\/solana-sol-180-day-consolidation-set-to-break-massive-rally-just-around-the-corner\/\"><span style=\"font-weight: 400\">Solana<\/span><\/a><span style=\"font-weight: 400\"> could rise if this rebound happens, revealing that the middle and upper boundaries are positioned at $154 and $187, respectively. Martinez has been bullish on Solana, as he had earlier predicted that Solana would reach $1,000 in <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-bull-market-glassnode\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">this bull run<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, Martinez warned that Solana witnessing a sustained close below the channel\u2019s lower boundary at $126 could invalidate this trade setup and trigger a significant price correction for the altcoin, causing it to drop to <\/span><a href=\"https:\/\/ktsl888.com\/news\/solana\/solana-headed-to-100\/\"><span style=\"font-weight: 400\">as low as $110<\/span><\/a><span style=\"font-weight: 400\"> or even $90.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Martinez isn\u2019t the only analyst who has predicted that SOL will enjoy a price recovery and rally soon enough. Crypto analyst <\/span><a href=\"https:\/\/ktsl888.com\/news\/dogecoin\/dogecoin-to-the-moon-analyst-440-price-increase\/\"><span style=\"font-weight: 400\">The Moon<\/span><\/a><span style=\"font-weight: 400\"> also recently <\/span><a href=\"https:\/\/x.com\/TheMoonCarl\/status\/61542723\" rel=\"nofollow\"><span style=\"font-weight: 400\">suggested<\/span><\/a><span style=\"font-weight: 400\"> that the altcoin could rally to as high as $155, depending on how things play out. The crypto analyst noted that Solana is trading within a descending triangle, which he highlighted in the accompanying chart.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Based on this, he stated that $155 is a possible target for the altcoin. However, Solana could also suffer more downside pressure and drop to as low as $112.5. A drop to this price level, however, provides an opportunity for investors to accumulate more Solana at such lows, especially with the altcoin still likely to reach a <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-breaks-through-69000-setting-new-record\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">new all-time high (ATH)<\/span><\/a><span style=\"font-weight: 400\"> at some point in this market cycle.\u00a0<\/span><\/p>\n<h2>SOL Could Drop To As Low As $80<\/h2>\n<p><a href=\"https:\/\/bitcoinist.com\/bitcoin-ethereum-outperform\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Crypto analyst Crypto Kaleo<\/span><\/a><span style=\"font-weight: 400\"> has provided a much more bearish outlook for Solana, <\/span><a href=\"https:\/\/x.com\/CryptoKaleo\/status\/20865663\" rel=\"nofollow\"><span style=\"font-weight: 400\">predicting<\/span><\/a><span style=\"font-weight: 400\"> that the altcoin could drop to as low as $80 before it reaches a new ATH. The last time Solana dropped to the $80 range was in January earlier this year, just before it <\/span><a href=\"https:\/\/ktsl888.com\/news\/solana\/solana-headed-to-100\/\"><span style=\"font-weight: 400\">climbed above $100<\/span><\/a><span style=\"font-weight: 400\">, a support level it has maintained ever since. The accompanying chart, which the crypto analyst shared, shows that Solana could rise to as high as $375 after this corrective move.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/heres-why-bitcoin-price-crashed-below-54000\/\">Here\u2019s Why Bitcoin Price Crashed Below $54,000<\/a><\/div>\n<p><span style=\"font-weight: 400\">Crypto analyst Unknown Trader had <\/span><a href=\"https:\/\/x.com\/Learnernoearner\/status\/82089686\" rel=\"nofollow\"><span style=\"font-weight: 400\">made<\/span><\/a><span style=\"font-weight: 400\"> a similar prediction to Crypto Kaleo, highlighting between $77 and $83 as ideal areas to place spot bids for <\/span><a href=\"https:\/\/bitcoinist.com\/sigel-reaffirms-spot-solana-etf-prospectus\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Solana<\/span><\/a><span style=\"font-weight: 400\">. However, while Crypto Kaleo believes that SOL\u2019s drop to the $80 range will happen sometime between now and October, Unknown Trader\u2019s accompanying chart showed that the <\/span><a href=\"https:\/\/ktsl888.com\/news\/solana\/solana-to-100-inevitable-after-this-break-sol-forms-a-triple-bottom\/\"><span style=\"font-weight: 400\">price correction<\/span><\/a><span style=\"font-weight: 400\"> won\u2019t happen until next year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, Solana is trading at around $127, down almost 1% in the last 24 hours, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/solana\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap.\u00a0<\/span><\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/yDk4V3dx\/\" alt=\"Solana price chart from Tradingview.com\" width=\"3286\" height=\"1450\"><figcaption class=\"wp-caption-text\">SOL price fails to reclaim $130 | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">SOLUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image created with Adobe Stock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana (SOL)recently flashed a buy signal, suggesting that now might be a great time to accumulate the altcoin. This development comes as crypto analysts, including Ali Martinez, predicted a significant price surge for Solana.\u00a0 Solana Flashes Buy Signal Ali Martinez revealed in an X (formerly Twitter) post that the TD sequential has presented a buy signal on Solana\u2019s daily chart, indicating that the altcoin could rebound from the lower boundary of the parallel channel toward the middle or upper boundaries. The crypto analyst mentioned that the altcoin has been consolidating within this channel since April earlier this year.\u00a0 Related Reading: Bitcoin Fear &amp; Greed Index Falls To Extreme Fear, Is The Bottom Close? Martinez also provided insights into how Solana could rise if this rebound happens, revealing that the middle and upper boundaries are positioned at $154 and $187, respectively. Martinez has been bullish on Solana, as he had earlier predicted that Solana would reach $1,000 in this bull run.\u00a0 Meanwhile, Martinez warned that Solana witnessing a sustained close below the channel\u2019s lower boundary at $126 could invalidate this trade setup and trigger a significant price correction for the altcoin, causing it to drop to as low as $110 or even $90.\u00a0 Martinez isn\u2019t the only analyst who has predicted that SOL will enjoy a price recovery and rally soon enough. Crypto analyst The Moon also recently suggested that the altcoin could rally to as high as $155, depending on how things play out. The crypto analyst noted that Solana is trading within a descending triangle, which he highlighted in the accompanying chart.\u00a0 Based on this, he stated that $155 is a possible target for the altcoin. However, Solana could also suffer more downside pressure and drop to as low as $112.5. A drop to this price level, however, provides an opportunity for investors to accumulate more Solana at such lows, especially with the altcoin still likely to reach a new all-time high (ATH) at some point in this market cycle.\u00a0 SOL Could Drop To As Low As $80 Crypto analyst Crypto Kaleo has provided a much more bearish outlook for Solana, predicting that the altcoin could drop to as low as $80 before it reaches a new ATH. The last time Solana dropped to the $80 range was in January earlier this year, just before it climbed above $100, a support level it has maintained ever since. The accompanying chart, which the crypto analyst shared, shows that Solana could rise to as high as $375 after this corrective move. Related Reading: Here\u2019s Why Bitcoin Price Crashed Below $54,000 Crypto analyst Unknown Trader had made a similar prediction to Crypto Kaleo, highlighting between $77 and $83 as ideal areas to place spot bids for Solana. However, while Crypto Kaleo believes that SOL\u2019s drop to the $80 range will happen sometime between now and October, Unknown Trader\u2019s accompanying chart showed that the price correction won\u2019t happen until next year.\u00a0 At the time of writing, Solana is trading at around $127, down almost 1% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image created with Adobe Stock, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":633175,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[84543],"tags":[167,6664,26263,14690,12837,89406,86420,83626,89405,85361,86410,83627],"class_list":["post-640534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-sol","tag-sol-news","tag-sol-price","tag-solana","tag-solana-news","tag-solana-price","tag-solusd","tag-solusdt"],"acf":[],"yoast_head":"\n<title>Solana Flashes Buy Signal As Analysts Predict Rally For The Altcoin<\/title>\n<meta name=\"description\" content=\"Solana (SOL)recently flashed a buy signal, suggesting that now might be a great time to accumulate the altcoin.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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