Solana Price Prediction: SOL RISES 2% as Outlook turns Positive

Solana Price Prediction: SOL RISES 2% as Outlook turns Positive
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SOL Solana Price Prediction, January 16th: For the next few hours, the price of Solana is predicted to be in the range of $ 146.4 and $ 149.1.

The Current Outlook is Positive (Positive: 60%, Negative: 20%).

2 analysts

The Current price of Solana is 148.76 which is 2.39% higher than 24 hours ago

Read: Cardano Price Prediction

Solana Price Prediction: Momentum Summary

Momentum Indicator Indicator Direction
Price Higher
Technical Buy
Market Cap Rank Steady
Volume Lower
Social Media Sentiment Higher

Read CRO Price Prediction

SOL Solana Price Prediction Daily: Technicals

Support Resistance Technical Indicator
FXLeaders $ 147.8 (S3) $ 148.9 (R1) Buy
Investing.com $ 145.0 (S3) $ 149.3 (R1) Buy

Latest Solana Technical Analysis Video

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Read Bitcoin Price Prediction

SOL Solana Price Prediction And Forecast: Market Cap and Volume Data

Metric Value Trend
Market Cap Rank 5th Steady
Current Market Cap $ 46.6 B Higher
Volume Traded in Terms of $ Value $ 1065 M Lower

Read Ethereum Price Prediction

Solana Price Prediction Daily: Latest Solana News and Prediction Tweets

Originally tweeted by BlueCrypto (@BlueCrypto_) on January 16, 2022.

$SOL now what we need is for price to completely move outside of the triangle and move above green solid line, if that happens, we establish new higher highs & we get a signal that trend is reversing to the upside 🤞

Originally tweeted by Nash Markets (@nashmarkets) on January 16, 2022.

$SOL has broken its bearish trend and made a fakeout of the resistance.

Therefore, this resistance could break on the next test and the price could continue to rise to the next major resistance around $170.

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Latest Solana News Summary
1. Coin Bureau’ Guy Says Solana, Dogecoin, And Other Three Will Soon Boom
2. Bull vs. Bear Outlook for Solana in 2022

SOL Solana Prediction and Forecast: Social Media Sentiment

Period Positive sentiment Negative Sentiment Net Sentiment
Last 7 Days 16% 4% +12%
Last 24 Hours 22% 4% +18%

Read GALA Price Prediction

Crowdwisdom360 Crypto Predictions Page

Read More about SOL on Solana Wiki Page

Solana Price Prediction 2022

FxEmpire: Based on Elliott Wave Principle (EWP), Solana should ideally bottom around $100-130 in early 2022. From there, a multi-month rally to ideally $350+ should materialize to complete the Bull run that started July 2020. SOL will have to trade for several weeks in a row below $100 to suggest the aforementioned Bull top already completed.

According to Coinquora, the price prediction for Solana for the year 2022 is bullish. The platform predicts Solana to surpass its 2021s ATH price of $260.06. However, if Solana fails to get investors’ support, SOL might decrease to almost $68.53.

Daily Forex: As per Daily Forex if SOL slide continues, SOL token may break down below the $125 level. If SOL/USD finds itself confronted by stronger headwinds, Solana could easily fall below $100 over the course of 2022. The speculative price range for SOL/USD in 2022 is between $52 and $275.

The Average SOL Price Prediction for 2022 is $ 201

Solana vs Ethereum vs Cardano: 2021 Performance Comparison

Period Solana Ethereum Cardano Winner
Last 6 Months on December 28th 445% 68% 16% Solana
Last 1 Month on December 28th 0.03% -3.7% -4.5% Solana
Last 5 days on December 28th 0.87% -4.6% 0.4% Solana

Is Solana a good investment?

Solana has been mentioned by most websites as best cryptocurrency to invest in 2022, Read here

Here are a few reasons why Solana is a good investment

  1. Excellent outperformance during the last few months, outperforming the likes of Ethereum and Cardano
  2. Outstanding ecosystem which is focussed on applications for Solana

3. It performs well on many metrics, for example, blockchain speeds

4. Gas fee that is lower than Ethereum

SOL Solana Price Prediction And Forecast: How to buy Solana Coin?

Solana, the Ethereum killer is gaining with every passing day. Like most of the cryptos, Solana has similar steps to purchase. Here are are the steps for How To Buy Solana Coins”:

Read: 3 Reasons to Buy Solana In 2022

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions. 

Solana Price Prediction

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grobi
grobi
3 months ago

btw the term is “weather the storm” not “Solana was able to wither away the storm”.

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