A reason for trust
A strict editorial policy that focuses on accuracy, meaning and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reports and publication
A strict editorial policy that focuses on accuracy, meaning and impartiality
The price of a lion football and players are supple. Each arcu is to ultra -up all children or hatred for football Ullamcorper.
This article is also available in Spanish.
Solana seems to be preparing for a sedate technical breakthrough, and the last price campaign builds an fascinating formation of charts. A well -known stubborn pattern was created, and if it is approved, it can lead a price to a level that cannot be seen in recent weeks. This fresh development has been emphasized by the popular Titan of Crypto analyst on the Social Media Platform X.
The formula is set up with USD 143 in sight
Like any other vast market cryptocurrency, Solana has He has experienced a longer period Price disaster from the end of February. In the case of salted, this price disaster has been withdrawn from January, when reached the highest level USD 293 during the euphoria surrounding the official coin meme Trump. Since then, Solana has improved massively, even reaching a low level of USD 97 on April 7.
Price before and after this low levels of USD 97 He created an fascinating formation on a 4-hour candle time table. As a crypto The Titan analyst from Crypto noticedThis formation is enough to send Solana back to 143 USD.
The heart of the latest stubborn perspective is a clearly defined structure of the reverse head and shoulders, which is known for its reliability in signaling inversion from organizing to a stubborn breakthrough. The left arm of the pattern began to form at the beginning of April, when Solana tried to bounce off levels below 110 USD. Another decrease to the lower part 96 USD on April 7 created the head of the structure. From there, recovery began when the buyers carefully returned, causing his right arm.
Over the past 24 hours, the neckline resistance has been detached. With this in mind, Titan of Crypto predicted that $ 143 was becoming another logical destination based on a measured movement from head to neckline.
Picture From X: Titan of Crypto
The shoot is strengthened with confirmation of the structure
Looking at the chart divided by the analyst, the shoot behind the Solana’s price movement seems to get strength. The volume of rotation is an essential measure in assessing the strength of a breakthrough, and the volume accompanying the latest breakthrough over the neckline apparently confirms this.
In particular, Solana has recorded a price raise by 5.3% in the last 24 hours, and the trading volume increased by 3.76% at that time to $ 4.21 billion.
Although it is commonly a view of the return or compact consolidation just above the neckline, the expected path suggests further growth if the price action lasts above this key puncture zone.
At the time of writing this text, Solana trades for USD 129, 10% from achieving this reverse goal of the head and shoulders. Transfer to 143 USD not only would mean significant recovery from April, but can also improve confidence in the trajectory of Solana prices for Q2. Subsequent perspectives take place after this goal is 143 USD, which will depend on Market view.
A distinguished picture from information, chart from Tradingview
