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Bitcoin Bitcoin (BTC) $118,970.28 ↑ 0.72%
Ethereum Ethereum (ETH) $3,886.58 ↑ 1.45%
XRP XRP (XRP) $3.24 ↑ 1.83%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $849.22 ↑ 6.48%
Solana Solana (SOL) $192.14 ↑ 2.64%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 1.85%
TRON TRON (TRX) $0.33 ↑ 1.13%
Cardano Cardano (ADA) $0.83 ↑ 0.39%
Hyperliquid Hyperliquid (HYPE) $44.31 ↑ 3.21%
Sui Sui (SUI) $4.22 ↓ -1.79%
Stellar Stellar (XLM) $0.44 ↑ 0.69%
Chainlink Chainlink (LINK) $19.04 ↑ 1.23%
Hedera Hedera (HBAR) $0.28 ↓ -0.21%
Bitcoin Cash Bitcoin Cash (BCH) $585.97 ↓ -1.47%
Avalanche Avalanche (AVAX) $27.11 ↑ 8.62%
Litecoin Litecoin (LTC) $113.53 ↑ 0.21%
Toncoin Toncoin (TON) $3.39 ↑ 2.26%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.42%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.12%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.05%
Uniswap Uniswap (UNI) $10.93 ↑ 2.31%
Polkadot Polkadot (DOT) $4.21 ↑ 1.29%
Monero Monero (XMR) $327.06 ↑ 0.97%
Bitget Token Bitget Token (BGB) $4.70 ↑ 1.61%
Pepe Pepe (PEPE) $0.00 ↑ 1.84%
Dai Dai (DAI) $1.00 ↓ 0.00%
Cronos Cronos (CRO) $0.15 ↑ 4.03%
Aave Aave (AAVE) $303.78 ↑ 2.32%
Ethena Ethena (ENA) $0.67 ↑ 8.15%
Bittensor Bittensor (TAO) $431.94 ↑ 0.50%
NEAR Protocol NEAR Protocol (NEAR) $2.95 ↑ 1.51%
Ethereum Classic Ethereum Classic (ETC) $22.87 ↓ -0.06%
Pi Pi (PI) $0.45 ↑ 1.48%
Ondo Ondo (ONDO) $1.05 ↑ 0.44%
Internet Computer Internet Computer (ICP) $5.88 ↑ 3.09%
Aptos Aptos (APT) $4.91 ↑ 1.80%
OKB OKB (OKB) $49.06 ↑ 1.76%
Bonk Bonk (BONK) $0.00 ↑ 1.78%
Mantle Mantle (MNT) $0.82 ↑ 0.15%
Kaspa Kaspa (KAS) $0.10 ↓ -1.33%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -1.74%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 0.74%
Algorand Algorand (ALGO) $0.28 ↑ 0.34%
Arbitrum Arbitrum (ARB) $0.47 ↑ 3.35%
Render Render (RENDER) $4.36 ↑ 1.84%
VeChain VeChain (VET) $0.03 ↑ 1.03%
GateToken GateToken (GT) $18.25 ↑ 2.31%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.03%
Worldcoin Worldcoin (WLD) $1.22 ↑ 3.65%
SPX6900 SPX6900 (SPX) $2.26 ↑ 11.79%
Sky Sky (SKY) $0.10 ↑ 1.95%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.29 ↑ 1.23%
Sei Sei (SEI) $0.34 ↑ 0.68%
Cosmos Cosmos (ATOM) $4.87 ↑ 1.71%
Filecoin Filecoin (FIL) $2.77 ↑ 2.84%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.77 ↑ 3.84%
Jupiter Jupiter (JUP) $0.60 ↑ 2.85%
Flare Flare (FLR) $0.02 ↑ 1.81%
Story Story (IP) $5.64 ↑ 2.77%
Injective Injective (INJ) $16.04 ↑ 5.35%
Quant Quant (QNT) $128.51 ↑ 1.08%
XDC Network XDC Network (XDC) $0.09 ↑ 2.61%
Celestia Celestia (TIA) $2.05 ↑ 2.59%
KuCoin Token KuCoin Token (KCS) $11.54 ↑ 0.25%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.03%
Optimism Optimism (OP) $0.82 ↑ 12.55%
Fartcoin Fartcoin (FARTCOIN) $1.38 ↑ 4.04%
Curve DAO Token Curve DAO Token (CRV) $1.01 ↓ -4.08%
Stacks Stacks (STX) $0.85 ↑ 3.97%
Four Four (FORM) $3.50 ↑ 1.90%
FLOKI FLOKI (FLOKI) $0.00 ↓ -0.23%
Immutable Immutable (IMX) $0.60 ↑ 2.11%
dogwifhat dogwifhat (WIF) $1.13 ↑ 4.71%
Ethereum Name Service Ethereum Name Service (ENS) $30.47 ↓ -1.88%
PancakeSwap PancakeSwap (CAKE) $3.20 ↑ 14.07%
The Graph The Graph (GRT) $0.11 ↑ 2.89%
Lido DAO Lido DAO (LDO) $1.16 ↑ 5.19%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.58 ↓ -0.85%
Kaia Kaia (KAIA) $0.17 ↑ 1.06%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 3.10%
Sonic Sonic (S) $0.34 ↑ 1.48%
Conflux Conflux (CFX) $0.19 ↑ 2.02%
Tezos Tezos (XTZ) $0.90 ↑ 1.77%
PAX Gold PAX Gold (PAXG) $3,338.44 ↓ -0.67%
Theta Network Theta Network (THETA) $0.93 ↑ 3.20%
Vaulta Vaulta (A) $0.58 ↑ 0.12%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
Raydium Raydium (RAY) $3.34 ↑ 8.33%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 1.22%
Nexo Nexo (NEXO) $1.32 ↑ 0.96%
IOTA IOTA (IOTA) $0.22 ↑ 0.15%
Gala Gala (GALA) $0.02 ↑ 2.80%
Tether Gold Tether Gold (XAUt) $3,338.23 ↓ -0.37%
The Sandbox The Sandbox (SAND) $0.32 ↓ -0.07%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 5.02%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↓ -0.25%
Pendle Pendle (PENDLE) $4.67 ↑ 5.93%
Jito Jito (JTO) $2.07 ↑ 2.67%
Bitcoin Bitcoin (BTC) $118,970.28 ↑ 0.72%
Ethereum Ethereum (ETH) $3,886.58 ↑ 1.45%
XRP XRP (XRP) $3.24 ↑ 1.83%
Tether USDt Tether USDt (USDT) $1.00 ↓ -0.03%
BNB BNB (BNB) $849.22 ↑ 6.48%
Solana Solana (SOL) $192.14 ↑ 2.64%
USDC USDC (USDC) $1.00 ↓ 0.00%
Dogecoin Dogecoin (DOGE) $0.24 ↑ 1.85%
TRON TRON (TRX) $0.33 ↑ 1.13%
Cardano Cardano (ADA) $0.83 ↑ 0.39%
Hyperliquid Hyperliquid (HYPE) $44.31 ↑ 3.21%
Sui Sui (SUI) $4.22 ↓ -1.79%
Stellar Stellar (XLM) $0.44 ↑ 0.69%
Chainlink Chainlink (LINK) $19.04 ↑ 1.23%
Hedera Hedera (HBAR) $0.28 ↓ -0.21%
Bitcoin Cash Bitcoin Cash (BCH) $585.97 ↓ -1.47%
Avalanche Avalanche (AVAX) $27.11 ↑ 8.62%
Litecoin Litecoin (LTC) $113.53 ↑ 0.21%
Toncoin Toncoin (TON) $3.39 ↑ 2.26%
Shiba Inu Shiba Inu (SHIB) $0.00 ↑ 0.42%
UNUS SED LEO UNUS SED LEO (LEO) $8.97 ↓ -0.12%
Ethena USDe Ethena USDe (USDe) $1.00 ↓ -0.05%
Uniswap Uniswap (UNI) $10.93 ↑ 2.31%
Polkadot Polkadot (DOT) $4.21 ↑ 1.29%
Monero Monero (XMR) $327.06 ↑ 0.97%
Bitget Token Bitget Token (BGB) $4.70 ↑ 1.61%
Pepe Pepe (PEPE) $0.00 ↑ 1.84%
Dai Dai (DAI) $1.00 ↓ 0.00%
Cronos Cronos (CRO) $0.15 ↑ 4.03%
Aave Aave (AAVE) $303.78 ↑ 2.32%
Ethena Ethena (ENA) $0.67 ↑ 8.15%
Bittensor Bittensor (TAO) $431.94 ↑ 0.50%
NEAR Protocol NEAR Protocol (NEAR) $2.95 ↑ 1.51%
Ethereum Classic Ethereum Classic (ETC) $22.87 ↓ -0.06%
Pi Pi (PI) $0.45 ↑ 1.48%
Ondo Ondo (ONDO) $1.05 ↑ 0.44%
Internet Computer Internet Computer (ICP) $5.88 ↑ 3.09%
Aptos Aptos (APT) $4.91 ↑ 1.80%
OKB OKB (OKB) $49.06 ↑ 1.76%
Bonk Bonk (BONK) $0.00 ↑ 1.78%
Mantle Mantle (MNT) $0.82 ↑ 0.15%
Kaspa Kaspa (KAS) $0.10 ↓ -1.33%
Pudgy Penguins Pudgy Penguins (PENGU) $0.04 ↓ -1.74%
POL (prev. MATIC) POL (prev. MATIC) (POL) $0.24 ↑ 0.74%
Algorand Algorand (ALGO) $0.28 ↑ 0.34%
Arbitrum Arbitrum (ARB) $0.47 ↑ 3.35%
Render Render (RENDER) $4.36 ↑ 1.84%
VeChain VeChain (VET) $0.03 ↑ 1.03%
GateToken GateToken (GT) $18.25 ↑ 2.31%
World Liberty Financial USD World Liberty Financial USD (USD1) $1.00 ↓ -0.03%
Worldcoin Worldcoin (WLD) $1.22 ↑ 3.65%
SPX6900 SPX6900 (SPX) $2.26 ↑ 11.79%
Sky Sky (SKY) $0.10 ↑ 1.95%
OFFICIAL TRUMP OFFICIAL TRUMP (TRUMP) $10.29 ↑ 1.23%
Sei Sei (SEI) $0.34 ↑ 0.68%
Cosmos Cosmos (ATOM) $4.87 ↑ 1.71%
Filecoin Filecoin (FIL) $2.77 ↑ 2.84%
Artificial Superintelligence Alliance Artificial Superintelligence Alliance (FET) $0.77 ↑ 3.84%
Jupiter Jupiter (JUP) $0.60 ↑ 2.85%
Flare Flare (FLR) $0.02 ↑ 1.81%
Story Story (IP) $5.64 ↑ 2.77%
Injective Injective (INJ) $16.04 ↑ 5.35%
Quant Quant (QNT) $128.51 ↑ 1.08%
XDC Network XDC Network (XDC) $0.09 ↑ 2.61%
Celestia Celestia (TIA) $2.05 ↑ 2.59%
KuCoin Token KuCoin Token (KCS) $11.54 ↑ 0.25%
First Digital USD First Digital USD (FDUSD) $1.00 ↓ -0.03%
Optimism Optimism (OP) $0.82 ↑ 12.55%
Fartcoin Fartcoin (FARTCOIN) $1.38 ↑ 4.04%
Curve DAO Token Curve DAO Token (CRV) $1.01 ↓ -4.08%
Stacks Stacks (STX) $0.85 ↑ 3.97%
Four Four (FORM) $3.50 ↑ 1.90%
FLOKI FLOKI (FLOKI) $0.00 ↓ -0.23%
Immutable Immutable (IMX) $0.60 ↑ 2.11%
dogwifhat dogwifhat (WIF) $1.13 ↑ 4.71%
Ethereum Name Service Ethereum Name Service (ENS) $30.47 ↓ -1.88%
PancakeSwap PancakeSwap (CAKE) $3.20 ↑ 14.07%
The Graph The Graph (GRT) $0.11 ↑ 2.89%
Lido DAO Lido DAO (LDO) $1.16 ↑ 5.19%
Virtuals Protocol Virtuals Protocol (VIRTUAL) $1.58 ↓ -0.85%
Kaia Kaia (KAIA) $0.17 ↑ 1.06%
Pump.fun Pump.fun (PUMP) $0.00 ↑ 3.10%
Sonic Sonic (S) $0.34 ↑ 1.48%
Conflux Conflux (CFX) $0.19 ↑ 2.02%
Tezos Tezos (XTZ) $0.90 ↑ 1.77%
PAX Gold PAX Gold (PAXG) $3,338.44 ↓ -0.67%
Theta Network Theta Network (THETA) $0.93 ↑ 3.20%
Vaulta Vaulta (A) $0.58 ↑ 0.12%
PayPal USD PayPal USD (PYUSD) $1.00 ↓ -0.01%
Raydium Raydium (RAY) $3.34 ↑ 8.33%
JasmyCoin JasmyCoin (JASMY) $0.02 ↑ 1.22%
Nexo Nexo (NEXO) $1.32 ↑ 0.96%
IOTA IOTA (IOTA) $0.22 ↑ 0.15%
Gala Gala (GALA) $0.02 ↑ 2.80%
Tether Gold Tether Gold (XAUt) $3,338.23 ↓ -0.37%
The Sandbox The Sandbox (SAND) $0.32 ↓ -0.07%
Pyth Network Pyth Network (PYTH) $0.14 ↑ 5.02%
Aerodrome Finance Aerodrome Finance (AERO) $0.90 ↓ -0.25%
Pendle Pendle (PENDLE) $4.67 ↑ 5.93%
Jito Jito (JTO) $2.07 ↑ 2.67%
Home Cryptocurrency

Solana Eyes $300 as Bitcoin Pushes All-Time Highs

David Moore by David Moore
22 November 2024
in Cryptocurrency, News
Reading Time: 2 mins read
0
Solana SOL and Bitcoin symbolizing their strong market performance. Solana is glowing logo in vibrant

With Bitcoin hitting an all-time high of $99,314, Solana (SOL) has surged 10% to reach $264, capturing significant attention from investors. Technical indicators suggest that Solana may test the $300 level, while Bitcoin’s march toward $100,000 continues to energize the broader altcoin market. This strong bullish trend is creating new opportunities for crypto investors.

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Table of Contents

Toggle
  • Solana’s Price Action and Technical Analysis
  • YOU MAY BE INTERESTED
  • Bitwise CIO Says Bitcoin Rally Coming in 2026, Halving Cycle No Longer Relevant
  • Inside CZ’s $76 Billion BNB Empire: What’s Behind the Explosive Price Climb?
  • Can Solana Reach $300?
  • Ecosystem Growth and Competitive Edge
  • Bullish Momentum in Solana and Bitcoin

Solana’s Price Action and Technical Analysis

Solana has been on a remarkable bullish rally, gaining momentum over the past weeks. The altcoin recently broke out of a descending triangle pattern and surpassed its neckline at $249, reaching an all-time high of $264. Currently trading at $262, Solana is poised to complete its third consecutive week of gains.

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Technical indicators support this upward trend. The MACD is showing increasing momentum with rising histograms, signaling that the market is primed for further upside. Coupled with Bitcoin’s approach to the $100,000 threshold, Solana’s upward movement is finding solid support from the overall market recovery.

Can Solana Reach $300?

Solana’s current bullish momentum positions it well to test the $300 level. Fibonacci analysis reveals a long-term upward target of $602.92 on a logarithmic scale, corresponding to the 1.272 Fibonacci level.

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However, if buying pressure eases, Solana may revisit the $250 support level. A successful test of this level could create a foundation for renewed upward momentum. Solana’s rally not only benefits SOL holders but also positively impacts the broader altcoin market, driving upward trends across the board.

chart43

Ecosystem Growth and Competitive Edge

Experts highlight that Solana’s impressive performance is not solely driven by technical analysis but also by robust fundamental factors, including ecosystem developments and increasing adoption rates. Solana’s scalability and speed are enabling it to compete effectively with Ethereum and other platforms, further bolstering its long-term potential.

Bullish Momentum in Solana and Bitcoin

Bitcoin’s climb toward the critical $100,000 mark and Solana’s ascent to all-time highs continue to fuel excitement in the cryptocurrency market. As Solana targets the $300 milestone, the broader recovery in the altcoin market presents fresh opportunities for investors. Technical indicators and market dynamics suggest that this bullish trend may persist, offering further gains for those in the crypto space.

Tags: altcoin marketbitcoinbullish trendFibonacciSolana
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David Moore

David Moore

I am a writer/editor and aspiring author with a high level of editing, writing, communication, leadership and research skills. I possess the proven ability to copy edit, write, fact check, format, calculate and verify numbers/percentages, interview people, perform research, teach and produce something meaningful from scratch. I've worked in various industries and in a number of team environments, including in support roles. In addition to my identity as a financier, I have had the opportunity to write editorial in other sectors throughout my life. Without saying no to these demands, I tried to expand my range and go beyond the field of finance. I have experience editing academic course material, financial services/investment copy, valuation/appraisal content, packaging/caution language and marketing/promotional material. I was on the basketball team when I was in college, but after I got injured, I continued to support the coach and my teammates. I learned leadership skills and continued to coach basketball teams. I've managed young people, and excelled in a number of office cultures. I’m currently working as a Financial Editor for different digital news channels, with contents about personal finance management and cryptocurrencies. economy

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