Solana Target Price Prediction, SOL Forecast 2022, 2023, 2025, 2030

11 January 2022

As SOL approaches an inflection point, the price of Solana is expected to rise by 25%.

As the crypto markets continue to haemorrhage, the price of Solana has dropped significantly in the previous week. While this decline may appear bearish, it has enabled SOL to reach an inflection point, giving it an opportunity to recover.

Solana pricing appears primed for a comeback surge

Since January 2, the price of solana has dropped around 31% and appears to have found support at a weekly support level of $135.71. However, yesterday’s sell-off pulled SOL below the $135.16 200-day Simple Moving Average (SMA).

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The weekly support level and the 200-day SMA are both located inside the daily demand zone, which spans $115.51 to $144.70. As a result, this confluence of support levels is a powerful one that bears are difficult to overcome.

As a result, market players may anticipate the price of Solana to begin a 25% rally and retest the lower boundary of a daily supply zone, which is now ranging from $169.79 to $179.19. The swing high of $154.32 on January 6 may act as a temporary roadblock, but bulls are likely to smash over it.

Solana pricing might revisit the weekly resistance level at $174.37, which is located within the daily supply zone, boosting the overall gain from 25% to 28%.

While the situation for Solana pricing appears to be improving, a four-hour candlestick close below the daily demand zone’s lower boundary at $115.51 will result in a lower bottom. This change will skew the odds in favour of the bearish and render the bullish thesis for SOL worthless. In this case, the price of Solana might return to the $110.35 support level.

fxstreet.com is the source for this information.


31 December 2021

Price Prediction for Solana (SOL) in 2022

“It’s tricky to make forecasts, especially concerning the future,” said Lawrence Peter “Yogi” Berra (May 12, 1925 – September 22, 2015), an American professional baseball catcher. Although I completely agree with him, in this situation, the cryptocurrency Solana, one may make quite trustworthy and accurate projections (SOL). Forecasting and prediction, in particular, are both future-oriented procedures. Forecasting uses previous and present facts, i.e., qualitative or quantitative approaches, whereas predictions rely on arbitrary methods like intuition and superstitions.

The Elliott Wave Principle (EWP) is a set of principles based on historical and current data and a specified set of price patterns. As a result, it is a well-founded, trustworthy, and accurate approach for predicting Solana’s future price highs and lows, as well as the courses it can take to get there.

Let me give you an example. I was expecting for SOL to “move higher into the optimum $200+/-10 target zone” in early October, as shown above, when it was trading in the $160s. “…SOL can even rise to $240 and still be in a complicated 4th wave, in which case it will be labelled an irregular flat,” he added. SOL was trading in the mid-$220s four weeks later, with a high of $235. My premium crypto trading members benefited and profited from the 30%+ gain that was accomplished. “… fall back to ideally $185-200, and then rise to $260 before setting up a further drop down to $140-160 once more,” according to the EWP.

SOL did peak at $259.96 on November 6, bottomed at $148.10 on December 13, and is presently trading at $174.90, despite the fact that I did not get the retreat to $185-200 correct (no forecasting approach is 100 percent trustworthy and precise). Take a look at Figure 1. Furthermore, the (black) major-5 rally is broken down into five smaller waves (red, intermediate-i, ii, iii, iv, and v), with waves iii, iv, and v hitting the optimal target zones (red boxes).

After proving that the EWP is capable of projecting SOL’s price highs and lows, as well as anticipated trajectories, the crucial issue now is “What’s next for 2022?”

SOL is currently undergoing a more prolonged correction, which could result in a rally to $350+ once it is through.

The cryptocurrency should be on a Primary IV (blue) wave right now. Figure 1 illustrates this point. In September, the one-degree lower 4th wave (black major-4) bottomed around the 50% retracement of the preceding major-3 wave. As a result, it’s reasonable to predict that Primary-IV will retrace in the same way as Major-4 did. SOL has already bottomed in the top section of the (blue) target zone box. So far, everything has gone well. However, 4th waves are frequently complicated, with at least two lower waves and one counter-trend rally in between (a, b, c).

Is it possible that the rise to this week’s high of $204.79 is already (black) major-b? Alternatively, it might aim for a third leg higher to $220-240 before the following lower leg (wave-c) begins. To validate this second alternative, the coin must close above the 10-week Simple Moving Average (SMA), which is now resistance. A closure below the 20-week SMA signals a more aggressive decline.

As a result of the 4th wave, the present price action and route ahead over the next several weeks remain uncertain. In any case, I anticipate SOL to bottom in the $100-130 range for Primary wave-IV before wave-V takes hold and rallies the price to $350+. Given that Primary-II ran from August to December 2020, I anticipate that Primary-IV will go for a few more months before wrapping up in early 2022. Primary V should also continue for a few months. After it expires in 2022, SOL will enter a long-term bear market (imagine a year or more). But for the time being, the focus is on completing Primary-IV and preparing to go on Primary V.

fxempire.com is the source of this information.


27 December, 2021

Price Analysis and Forecast for Solana in 2022

Price forecast for Solana in 2022. Solana ($SOL) had a banner year in 2021, with investors who bought the currency on January 1st for $0.43 seeing a 45,000 percent return at today’s $195. Solana’s unique blockchain technology is responsible for a large part of its meteoric rise from obscurity to top ten cryptocurrency. Transactions are completed in order thanks to ‘proof-of-stake’ technology mixed with Solana’s ‘proof-of-history,’ making them lightning-fast and ultra-low-cost. This positions Solana against Ethereum, which is especially evident in the NFT market, where Ethereum’s poor speeds and expensive fees continue to be a hindrance.

So, what will the price of Solana be in 2022?

Solana is expected to touch $316 by the middle of 2022, a 62 percent increase, and $428 by the end of the year, netting investors a 120 percent return over the following 12 months, according to coinpriceforecast.com.

Shiba Inu had a parabolic rise in 2021, starting in April and reaching stratospheric proportions with a huge rally in October. Over the course of 2021, investors who held Shiba Inu on January 1st, 2021, would have enjoyed an incredible 52,857,000 percent return! Shiba is expected to achieve $0.000084 in the first quarter of 2022 and $0.000088 by the third quarter. It would imply a recovery of 163 percent in 2022.

EverGrow Coin is a lesser-known success storey from 2021 that is expected to have a major 2022. EverGrow is planned to introduce a suite of utilities in 2022, which are mentioned on their website, for a comparatively low valuation of $300 million. EverGrow Coin offers the highest upside potential of the currencies highlighted today, according to its low market cap and comprehensive roadmap, with projections ranging from 500 percent to 10,000 percent returns in 2022.

Holders of the token receive’rewards’ in the form of Binance pegged USD, a regulated stablecoin pegged 1-1 to the US dollar. EverGrow paid out almost $30 million to investors within ten weeks of launching, justifying a far greater valuation based only on yield.

Many analysts expect EverGrow to surpass’memecoins’ like Shiba Inu and Dogecoin in 2022, propelling it into the top 20 cryptocurrencies.

Safemoon soared in popularity in 2021, becoming one of the most popular community-driven crypto projects ever. Safemoon is on track to deploy their blockchain and exchange in 2022, with over 1 million wallet holders. They may be able to reclaim the all-time highs they reached in April 2021, before the coin plummeted 90% in the next eight months.

Price predictions are provided by www.priceprediction.net. Safemoon might achieve $0.00000260 in 2022, giving investors a return of 85 percent in the next 12 months.

Source:-prnewswire.com


21 December, 2021

Price Prediction for Solana: A Horizontal Channel Will Define SOL’s Movements

Solana’s price has rebounded from Monday’s trough, mirroring a trend seen in Bitcoin and other altcoins. The crypto market is gaining traction as risk appetite improves. Concerns about Omicron, on the other hand, have continued to stifle the progress. Furthermore, as the Christmas week trade takes form, cryptocurrencies are expected to see minor changes in the next days as trading volumes decline.

Price forecast for Solana

After hitting an intraday low of 168.47 on Monday, SOL is on the mend. The session low was a continuation of the losses seen on Sunday, when it fell from a high of 189.87. At the time of writing, the cryptocurrency was trading at 178.73, up 2.69 percent.

Solana price is marginally above the 25 and 50-day exponential moving averages, which have converged at 177.38 on a four-hour chart. It is still, however, below the long-term 200-day EMA.

The area between the 200-day EMA at 189.87 and the support level at 165.41 will be key for the cryptocurrency in the next sessions. In the immediate term, Solana’s price will most certainly continue below the psychological level of 200, as the Christmas week trade is characterised by low volumes.

If the cryptocurrency rises over the aforementioned range, it may test the 197.77 resistance level before retreating to the horizontal channel. A move below the lower borer, on the other hand, will most likely position the support level at 157.00.

InvestingCube.com is the source for this information.


08 December 2021

Price Prediction for Solana: The Pivot Is Too Close Yet Too Far

Because of the persistent risk aversion, the price of Solana has been trading in a horizontal pattern since the beginning of the week. Concerns over the Omicron version have subsided, boosting the crypto market, which had reached a high anxiety level of 25 in the previous session. With a value of 28, it remains on the fear side of the spectrum.

Price forecast for Solana

After reversing the gains achieved earlier in the week, SOL has weakened. The cryptocurrency rallied off its intraday low of 176.73 on Monday. However, after reaching a high of 204.37 on Tuesday, it began to decline. Over the weekend, the development of a death cross warned that gains would be limited in the coming sessions. After the short-term 50-day EMA dropped below the long-term 200-day EMA, a bearish pattern emerged.

Solana’s price was up 0.15 percent at 190.63 at the time of writing. It is trading below the 50 and 200-day EMAs on a four-hour chart. Technical signs point to further losses in the near future. Furthermore, risk aversion remains a crucial negative driver for the crypto, according to the fundamentals.

In the next sessions, the range between the 50-day EMA at 201.75 and the previous support zone of 179.35 will be critical. The bears will have an opportunity to drive Solana price to the resistance-turned-support level of 167.47 if the horizontal channel’s bottom boundary is broken.

In the immediate term, though, the 200-day EMA at 207.77 will likely stay illusive for the coin. A break above that level might signal a trend reversal.

InvestingCube.com is the source for this information.


25 November 2021

Solana Price Prediction: Bulls Aim for All-Time High This Week in Solana

Solana’s price is holding just over the 50% retracement line at $216, indicating a downward trend.

The price of Solana is stabilising around its trading ranges. SOL is anticipated to fall to $186 on a downswing, sweeping the field low. The bullish thesis will be invalidated if the price closes over $246 on a daily basis.

Solana has been in a five-day correction after losing 13% of its value from a fresh high of $260.

SOL might expand into the half Fibonacci level in the near term, with the MACD and RSI indicating the possibility of further calamities.

Bulls should make a rally when the Bollinger Bands and RSI hit the oversold zone before SOL declares its safeguards below $218.3.

SOL was trading at $227.4 at the time of writing, up around 6% in the previous 24 hours.

As dealers continue to drive the market, SOL might debilitate down the 38.2 percent Fibonacci level, assuming a negative hybrid between the 50-SMA (yellow) and the 20-SMA (red).

If a $220 double base fails to re-establish SOL on the graph, the cost will be subjected to another 5% sell approaching the half Fibonacci level.

Furthermore, the Fibonacci levels of 61.8 percent and 78.6 percent might aid in a bullish conversion.

The 12-hour 50-SMA (not displayed) agreed with the prior assistance zone, but the 4-hour 200-SMA disagreed with the final selection (green).

If dealers can get beyond these barriers, the SOLs downturn might extend all the way to $124.15 or possibly $115.88, like it did in September.

Solana’s Current Value Development: Solana Refuses To Move Higher, Falling Below $210

SOL/USD traded in a range of $202.49 $222.88 in the last 24 hours, indicating a considerable move.

The coin’s trading volume has decreased by 11.74 percent to $2.65 billion, while its absolute market worth is about $61.6 billion, putting it in fifth place overall.

Price Analysis of Solana

Today’s Solana value review is bearish, as we experienced a failure to rise higher late yesterday, triggering a temporary decline.

This time, SOL/USD broke through the $210 support, resulting in a steep drop to the current level.

vizaca.com is the source of this information.


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