What's up, my crypto people! Your buddy Noticia brings you the hottest gossip of the moment: Solana (SOL) is on fire and experts say a price increase is coming that will make us dance with excitement! 💃
The price of Solana broke a figure on the chart that analysts call a 'symmetrical triangle', and that, my friends, is a sign that a strong move is coming. And it seems to be upwards! Right now, SOL is around $158, but experts have already set their sights on $164, and even $251! Can you imagine that? Crazy!
Solana breaks the barrier and aims for $164 🎯
According to Ali Martínez, a whiz at analysis, Solana broke away from the resistance near $152. His hourly chart shows how SOL broke that consolidation it had since late June! Those higher lows and less volatility seen in that triangle are the prelude to a quick move, and we already know where it's headed!
Ali took his numbers with the Fibonacci tools and bingo! The target for the first stop for SOL is $164.05. And the best part is that the buying volume increased with the breakout, so this is serious!
As long as Solana keeps dancing above $150, with $147 as the key floor, traders will keep pushing for it to reach that $160 to $164 zone. So stay sharp! 🚨
Get ready for the 'Bat Pattern' and the cash! 🦇💸
But wait, it gets more interesting. Another analyst, who calls himself Batman (this guy knows about dramatic entries!), comes to us with a 'Bat Pattern' on the daily chart. No, it's not the one that flies at night! This pattern indicates that Solana could first reach $187 and then, hold on tight!, up to $251! This harmonic pattern, with its points X, A, B, C, D, has already completed point D near $135.50 and has since rebounded strongly. If the momentum continues to be bullish, the sky's the limit for SOL!
Additionally, Crypto Patel confirmed this breakout on the 4-hour chart, debunking any bearish predictions, as long as Solana does not fall below $147. His projections also point to $165-$167, so all roads lead to an increase! The RSI is rising and the MACD has already made its 'bullish crossover'. All the planets are aligning for Solana! 🪐
The derivatives data screams: BUY SOLANA! 📢
And as if that weren't enough, CoinGlass' derivatives market data is sending a clear signal: there's a massive backing for Solana's rise! The SOL futures volume surged by 28.37% in 24 hours, reaching $1.42 billion and open interest also increased.
The most delicious part is that short positions had liquidations of $12.25 million, while long positions were much smaller. This means that those who bet on the downside lost, and those betting on the upside are gaining ground. The long/short ratios on Binance are also in the green, showing that traders' confidence in Solana is through the roof!
In the last 7 days, Solana jumped from $143 to $163.83. This recovery is proof that bullish sentiment is stronger than ever, supported by increasing volume and technical push!
So, my people, if you have Solana, celebrate! And if not, stay alert, because this story of green bills could keep giving us something to talk about!
Do you think Solana will achieve those targets? Leave your comment! 👇$SOL