{"id":597849,"date":"2024-03-14T14:00:29","date_gmt":"2024-03-14T14:00:29","guid":{"rendered":"https:\/\/uniquehot.com\/?p=597849"},"modified":"2024-03-14T12:53:49","modified_gmt":"2024-03-14T12:53:49","slug":"solana-smashes-major-resistance-levels-new-all-time-high-imminent","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/solana\/solana-smashes-major-resistance-levels-new-all-time-high-imminent\/","title":{"rendered":"Solana Smashes Major Resistance Levels, New All-Time High Imminent?"},"content":{"rendered":"

With previous price achievements, <\/span>Solana (SOL)<\/span><\/a> has become one of the biggest cryptocurrencies in the market, garnering the attention of investors and traders as its price continues to rise, hitting a new yearly high of $172.<\/span><\/p>\n

Solana (SOL) Breaks Through All Critical Levels<\/span><\/h2>\n

Solana has effectively reached a new 25-month high, reflecting a strong positive interest from crypto investors within the sector. Due to this, several market experts are predicting that the crypto asset reaching a new all-time high is on the horizon.<\/span><\/p>\n

Related Reading: Solana (SOL) Price Primed For 50% Leap: Experts Turn Bullish<\/a><\/div>\n

Crypto Jelle, a cryptocurrency trader and analyst has <\/span>shared<\/span><\/a> his insights on Solana’s latest rally on X (formerly Twitter) while noting the significance of the development.<\/span><\/p>\n

The crypto analyst pointed out that “SOL has surpassed every significant level preventing it from reaching new all-time highs.” This suggests that the digital asset could reach a new peak in the short term since there are only minor resistance levels ahead.<\/span><\/p>\n

\"Solana\"
SOL breaking all major resistance levels | Source: Crypto Jelle on X<\/a><\/figcaption><\/figure>\n

Jelle is optimistic about Solana, asserting that he has been able to “hold SOL with ease ever since it was at $20.” Furthermore, he mentioned that he “does not have any plans of selling” his SOL holdings anytime soon, demonstrating his belief in the coin to soar higher.<\/span><\/p>\n

As Solana continues to rally, Jelle is confident that the asset will <\/span>attract<\/span><\/a> a lot of new retailers or investors. In addition, purchasing SOL serves as their entry point to position themselves for future gains.<\/span><\/p>\n

The post read:<\/span><\/p>\n

SOL has broken all major levels standing in the way of new all-time highs. I have been comfortably holding this one since $20, and I do not plan on selling it anytime soon. New retail will flock to Solana tokens, and buying SOL is their entry ticket.<\/span><\/p><\/blockquote>\n

According to Crypto Jelle, SOL is one of the largest assets in his crypto portfolio alongside Injective (INJ). Jelle <\/span>asserted<\/span><\/a> that both crypto assets are currently moving in an upward trajectory, signaling the start of their bull run.<\/span><\/p>\n

Furthermore, he claims that SOL and <\/span>INJ<\/span><\/a> have reclaimed the top spot as the “altcoins market leaders.” Consequently, every other altcoin “will follow their lead” in this bull cycle.<\/span><\/p>\n

$208 Resistance Level Might Be Revisited<\/span><\/h2>\n

Rekt Capital, a crypto expert has <\/span>pointed out<\/span><\/a> Solana’s potential to revisit the $208 resistance in the short term. At first, he underscored that the SOL is demonstrating strength similar to that of the 2021 bull cycle.<\/span><\/p>\n

Related Reading: Solana Open Interest Plunges 20%: What It Means For Price<\/a><\/div>\n

Since the digital asset broke out from the green zone, it has increased by over 118%. It has also increased by over 53% ever since it broke out of the Ascending Triangle.<\/span><\/p>\n

Due to this, he believes the “$208 resistance level might be tested again” in the coming months. So far, <\/span>SOL<\/span><\/a> has climbed by over 23% in the past week, indicating a rise in buying pressure in the crypto market.<\/span><\/p>\n

\"Solana\"
SOL trading at $170 on the 1D chart | Source: SOLUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from Shutterstock, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

With previous price achievements, Solana (SOL) has become one of the biggest cryptocurrencies in the market, garnering the attention of investors and traders as its price continues to rise, hitting a new yearly high of $172. Solana (SOL) Breaks Through All Critical Levels Solana has effectively reached a new 25-month high, reflecting a strong positive interest from crypto investors within the sector. Due to this, several market experts are predicting that the crypto asset reaching a new all-time high is on the horizon. Related Reading: Solana (SOL) Price Primed For 50% Leap: Experts Turn Bullish Crypto Jelle, a cryptocurrency trader and analyst has shared his insights on Solana’s latest rally on X (formerly Twitter) while noting the significance of the development. The crypto analyst pointed out that “SOL has surpassed every significant level preventing it from reaching new all-time highs.” This suggests that the digital asset could reach a new peak in the short term since there are only minor resistance levels ahead. Jelle is optimistic about Solana, asserting that he has been able to “hold SOL with ease ever since it was at $20.” Furthermore, he mentioned that he “does not have any plans of selling” his SOL holdings anytime soon, demonstrating his belief in the coin to soar higher. As Solana continues to rally, Jelle is confident that the asset will attract a lot of new retailers or investors. In addition, purchasing SOL serves as their entry point to position themselves for future gains. The post read: SOL has broken all major levels standing in the way of new all-time highs. I have been comfortably holding this one since $20, and I do not plan on selling it anytime soon. New retail will flock to Solana tokens, and buying SOL is their entry ticket. According to Crypto Jelle, SOL is one of the largest assets in his crypto portfolio alongside Injective (INJ). Jelle asserted that both crypto assets are currently moving in an upward trajectory, signaling the start of their bull run. Furthermore, he claims that SOL and INJ have reclaimed the top spot as the “altcoins market leaders.” Consequently, every other altcoin “will follow their lead” in this bull cycle. $208 Resistance Level Might Be Revisited Rekt Capital, a crypto expert has pointed out Solana’s potential to revisit the $208 resistance in the short term. At first, he underscored that the SOL is demonstrating strength similar to that of the 2021 bull cycle. Related Reading: Solana Open Interest Plunges 20%: What It Means For Price Since the digital asset broke out from the green zone, it has increased by over 118%. It has also increased by over 53% ever since it broke out of the Ascending Triangle. Due to this, he believes the “$208 resistance level might be tested again” in the coming months. So far, SOL has climbed by over 23% in the past week, indicating a rise in buying pressure in the crypto market. Featured image from Shutterstock, chart from Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":572090,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[84543],"tags":[91678,83630,88126,69575,12837,83626,86410,83627],"class_list":["post-597849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-crypto-jelle","tag-inj","tag-injective","tag-rekt-capital","tag-sol","tag-solana","tag-solusd","tag-solusdt"],"acf":[],"yoast_head":"\nSolana Smashes Major Resistance Levels, New All-Time High Imminent?<\/title>\n<meta name=\"description\" content=\"Solana (SOL) has garnered the attention of investors and traders as its price continues to rise, hitting a new yearly high of $172.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They\u2019ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won\u2019t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I\u2019ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that\u2019s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I\u2019m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I\u2019ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.","sameAs":["https:\/\/x.com\/NFTwerey"],"url":"https:\/\/uniquehot.com\/author\/godspowerowie\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Solana Smashes Major Resistance Levels, New All-Time High Imminent?","url":"http:\/\/uniquehot.com\/news\/solana\/solana-smashes-major-resistance-levels-new-all-time-high-imminent\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/solana\/solana-smashes-major-resistance-levels-new-all-time-high-imminent\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/WhatsApp-Image-2024-01-29-at-10.02.28-AM.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/WhatsApp-Image-2024-01-29-at-10.02.28-AM.jpeg?fit=417%2C280"},"articleSection":"Solana","author":[{"@type":"Person","name":"Godspower Owie"}],"creator":["Godspower Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["crypto jelle","inj","injective","rekt capital","sol","solana","solusd","solusdt"],"dateCreated":"2024-03-14T14:00:29Z","datePublished":"2024-03-14T14:00:29Z","dateModified":"2024-03-14T14:00:29Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Solana Smashes Major Resistance Levels, New All-Time High Imminent?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/solana\\\/solana-smashes-major-resistance-levels-new-all-time-high-imminent\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/solana\\\/solana-smashes-major-resistance-levels-new-all-time-high-imminent\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/WhatsApp-Image-2024-01-29-at-10.02.28-AM.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/01\\\/WhatsApp-Image-2024-01-29-at-10.02.28-AM.jpeg?fit=417%2C280\"},\"articleSection\":\"Solana\",\"author\":[{\"@type\":\"Person\",\"name\":\"Godspower Owie\"}],\"creator\":[\"Godspower Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"crypto jelle\",\"inj\",\"injective\",\"rekt capital\",\"sol\",\"solana\",\"solusd\",\"solusdt\"],\"dateCreated\":\"2024-03-14T14:00:29Z\",\"datePublished\":\"2024-03-14T14:00:29Z\",\"dateModified\":\"2024-03-14T14:00:29Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/01\/WhatsApp-Image-2024-01-29-at-10.02.28-AM.jpeg?fit=417%2C280","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/597849"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/608"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=597849"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/597849\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/572090"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=597849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=597849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=597849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}