Solana May Rise Again After This Profit-Taking Moment
2024-12-30
Category: None

Solana May Rise Again After This Profit-Taking Moment 

After breaking out of the pattern on November 6, 2024, Solana surged by nearly 46% from the breakout zone. The top was reached at 264.50 on November 22, 2024, followed by a slow correction.

It appears that the entire crypto market experienced a profit-taking moment, anticipating Trump's inauguration as President on January 20, 2024.

The chances are that we may see another bullish wave after the price tests a strong support zone between 176.50 and 182.50.

We may see Solana rising again in the coming weeks, with targets at 210, 230, and 253-254.

 You may find more details in the chart!
Thank you and Good Luck!

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