Solana Forecast – Now Bearish After Blockchain Pauses Again?

If we ignore the fundamental situation of Solana and evaluate the price purely from a technical point of view, we come to the conclusion that the Solana price could rise in the next few days because it recognized the support line as support and did not break it. Due to this, we expect the Solana price to rise to the next resistance in the next few days. This is located at around $48.71, which is why a price increase of over 20% is realistic

If we look at the chart against Bitcoin instead of USD, we can see that Solana price has reached important support here as well. This is around 0.0013BTC. For a long time this level served as a resistance. Now it has been confirmed as support. With this support visible on the daily chart, we expect the price to hold onto the support and rally to the nearest resistance. The next resistance is around 0.00155BTC, which is why the Solana price could outperform the Bitcoin price in the near future.

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