Is $SOL on its way to $200?
Here is the complete analysis of Solana's future
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The $SOL cryptocurrency has seen strong growth in recent months, becoming one of the leading blockchain projects in terms of activity and decentralized applications (dApps). Is it time for it to surpass $200 again?
Key points of the analysis:
1. Technical Analysis:
$SOL has firmly broken through an important resistance at $160.
The moving averages indicate a continuing bullish trend.
There is a possibility of testing levels of $185 and $200 in the coming weeks.
2. Positive News:
Expansion of DeFi and NFT networks on Solana.
Increase in the number of developers and new projects on the network.
Reduction in transaction costs compared to Ethereum.
3. Support and Resistance Levels:
Strong support at $150.
Nearby resistance at $185 then $200.
Do you think Solana will surpass $200? Or is there a correction coming?
Share your predictions in the comments!
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