Solana vs Tether Chart Analysis (SOLUSDT #3)

17 ott 2021

Solana (SOLUSDT) has been strongly bullish, always, and with the entire market set to continue growing, we see no reason why this bullish trend should stop.

Even though Solana joined us recently it is now the #7 biggest cryptocurrency project by market capitalization.

This one is good for DeFi and DApp creation.

On the chart above, we see potential for higher prices, the technicals are all good.

There can be some consolidation but at this time everything looks great.

If a strong correction comes, we look for the 0.618 Fib. retracement level as main support.
That would be within a price range between $80 and $97.

When we look to the upside there is no limit as to how far this can go.
We are on price discovery here.

This is basically a new project and the cryptocurrency market is just getting started so there can be much more.

There can always be and will be price swings but the future is bright for this coin.

Namaste.