• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Solana Completes Cup-and-Handle Pattern: Eyes on $524

user avatar

by Giorgi Kostiuk

a year ago


Solana crypto is garnering attention as it completes a chart pattern indicating potential strong price growth.

Completion of Cup-and-Handle Pattern

Solana has completed the cup-and-handle pattern, a reliable bullish continuation indicator. Holding strong above key support levels of $180–$200, it sets the stage for potential growth.

Price Targets

Analysts see growth potential to three key levels: $377.47, $451.30, and $524.25, indicating a long-term bullish agenda. The first target is for short-term traders, the second for mid-term growth, and the third fully realizes the pattern’s potential.

Technical Indicators and Support

The underlying trend structure supports further price increases. An ascending trendline and rising trading volumes suggest buying interest. A break below $180–$200 support could challenge bullish prospects.

Solana showcases potential for significant price increase, supported by cup-and-handle pattern completion and technical indicators. However, potential corrections may occur if market conditions worsen.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Luke Dashjr Demands Adam Back Resign Following Epstein Document Release

chest

Luke Dashjr calls for Adam Back's resignation following Epstein document release linking him to the cryptocurrency industry.

user avatarDiego Alvarez

Shiba Inu Marketing Lead Emphasizes Execution Over Price for Recovery

chest

Lucie, the Shiba Inu marketing lead, emphasizes the importance of execution over price for rebuilding confidence in the Shiba Inu ecosystem.

user avatarKenji Takahashi

Debate on Post-Quantum Security in Bitcoin Intensifies

chest

A heated discussion erupted among Bitcoin developers regarding the urgency of addressing post-quantum security.

user avatarMaria Fernandez

Crypto Analyst Predicts XRP Price Could Reach $7

chest

Crypto analyst Diana predicts XRP price could rally to $7, indicating a 450% gain based on technical setups.

user avatarGustavo Mendoza

PayPal Faces Uncertainty After CEO Exit

chest

PayPal's stock is experiencing a significant decline following the departure of its CEO, raising concerns about the company's future.

user avatarDavid Robinson

UBS Reports Significant Profit Growth and Strategic Acquisitions

chest

UBS reported a 53% increase in profits last year and acquired Credit Suisse, strengthening its position in the banking sector.

user avatarMiguel Rodriguez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.