In the dynamic and rapidly evolving world of cryptocurrencies, one Ethereum competitor has been grabbing the attention of traders: Solana (SOL). Recently, a well-known cryptocurrency analyst, known in the crypto sphere as Credible Crypto, has shared intriguing insights regarding Solana’s potential upward trajectory. With a substantial following of 460,500 on platform X, his perspectives carry significant weight among investors keen to capitalize on crypto market movements.

Solana has managed to pass what Credible Crypto describes as the “first test” by rebounding off a critical “must-hold” level, ranging between $165 and $190. This recovery led to Solana reaching a new all-time high of approximately $293, sparking optimism among investors. This development indicates a bullish sentiment building around the fifth-largest cryptocurrency by market cap.

However, as Solana appears poised for further gains, Credible Crypto urges caution. His reluctance to go long, except for short-term scalping, stems from the Solana/Bitcoin (SOL/BTC) pairing dynamics. Despite Solana being in the price discovery phase against the USD, the currency is currently facing a significant challenge at a “massive” resistance level near 0.003 BTC when paired against Bitcoin. This resistance could potentially limit Solana’s bullish movement or lead to a “more significant rejection and pullback.”

Credible Crypto adds that his bullish stance on Solana will solidify only if Solana successfully surpasses this 0.003 BTC resistance zone. Until then, it remains a critical point for potential rejection, with odds of a setback being considerable.

As of the latest updates, Solana is trading at $237, or 0.0022685 BTC. Investors and traders are keeping a close eye on how the resistance levels will play out in Solana’s future performance.

This Solana situation serves as a rich subject of analysis for crypto enthusiasts. As the market watches how Solana will navigate these resistance levels, it highlights the intricate dance of optimism and caution in the crypto investment world. Stay tuned and keep a close watch on these developments, as Solana could either break through its current ceiling or face another setback in its ongoing market journey.

Don’t miss out on the latest developments—subscribe to our alerts to get updates delivered straight to your inbox!

Latest AI Art

  • safe_pos, score_9, score_8_up, score_8, 1girl , solo sexy elf woman, green eyes, long pink hair, thick eyeliner, perfect face, slim, small breasts, nude, pale skin,((colorful tribal bodypaint)), pussy, dynamic pose, volumetric lighting, cinematic lighting, outdoors, beach, blurry background
  • masterpiece, best quality, amazing quality, klskx, nsfw, explicit, Irisviel von Einzbern, 1girl, lush hair, platinum hair, long hair, red eyes, eyebrows, thick eyelashes, (orgasm:1.1), black latex bodysuit, arms up, bound wrists, (unzipped:1.2), navel, nude, nipples, (pussy:0.8), vaginal object insertion, (holding:1.5) (hitachi magic wand:1.1), standing under tree, orchard background, outdoors, orchad, garden, scenery, apple trees, (dark shadows:0.9), (high contrast:0.9), looking at viewer, volumetric lighting, intricate details, blurry background, depth of field
  • masterpiece, best quality, amazing quality, klskx, nsfw, explicit, 1girl, platinum hair, long hair, (purple eyes:0.9), eyebrows, thick eyelashes, long pointy ears, wide grin, small breasts, nude, tattoos, partially submerged, lying in water, knee up, (spread legs:0.9), pussy, indoors, cave, (underground lake:1.1), glowing bioluminescent plants, shimmering water surface, water ripples, (deep dark:1.0), sidelighting, (dark shadows:0.8), (high contrast:0.8), looking at viewer, volumetric lighting, intricate details, blurry background, depth of field
  • masterpiece, best quality, Good quality, very aesthetic, absurdres, newest,1girl, light rays, looking at viewer, solo, Cinematic Lighting, gradient color, BREAK masterpiece, amazing quality, best quality, ultra-detailed, 8K, illustration, CG, ultra-detailed-eyes, detailed background, eyelashes, erotic, looking seductive, coy. dynamic action image, detailed face, detailed eyes, direct mesmerizing gaze, mature female, medium breast, BREAK (sexy, slutty, hot, aroused), Aka-Oni, oni, colored skin, red skin, smooth horns, black horns, BREAK pov,povhand holding calligraphy brush, writing on body, 1girl, lying on wooden table, incense burner, tribal tattoo, spread legs,cum on stomach,lying,breast curtains,ofuda on nipples,topless,detached sleeves,sleeves past fingers,very long sleeves,upper body,stomach bulge,single hair bun,hair flower,
  • masterpiece, best quality, good quality, very aesthetic, absurdres, newest, 8K, depth of field, focused subject, in the style of cknc, artist:moriimee, in the style of cksc, BREAK asian female maid, bioluminescent hair, bangs, sidelocks, naked apart from sheer, see-through, transaprent nylon breast curtains, waist apron and thigh-high stockings, sexy, sultry, seductive, dark background, silhouetted, directional lighting, holding feather duster, leaning forward, hanging breasts, areola slip, viewed from behind and to side side, naked buttocks, no panties, moist thighs, turning round to look at viewer, coy expression
  • masterpiece, best quality, amazing quality,, , kei karuizawa, long hair, bangs, blunt bangs, purple eyes, blonde hair, hair ornament, ponytail, scrunchie, blue scrunchie, medium breasts, anime screencap, , penis on shoulder, penis over shoulder, hetero, testicles, nervous, huge penis, penis awe, looking at penis, completely nude, navel, nipples, on bed, bed room, hand on another's head,, ,

Discover More

Share This Story, Choose Your Platform!

Leave A Comment

Coins of the Hour

HOT TOPICS