Is $SOL on its way to 200 dollars?
Here is the complete analysis of Solana's future
--- #solana
The Solana coin $SOL has seen strong growth in recent months, becoming one of the most prominent blockchain projects in terms of activity and decentralized applications (dApps). Is it time for it to surpass 200 dollars again?
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Key points of the analysis:
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1. Technical Analysis:
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$SOL has firmly broken through a significant resistance at 160 dollars.
Moving averages indicate a continuous upward trend.
There is a possibility of testing levels of 185 and 200 dollars in the coming weeks.
2. Positive News:
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Expansion of DeFi and NFT networks on Solana.
Increase in the number of developers and new projects on the network.
Decrease in transaction costs compared to Ethereum.
3. Support and Resistance Levels:
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Strong support at 150 dollars.
Nearby resistance at 185 dollars then 200 dollars.
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Do you think Solana will surpass 200 dollars? Or is a correction coming?
