{"id":600954,"date":"2024-04-02T12:00:12","date_gmt":"2024-04-02T12:00:12","guid":{"rendered":"https:\/\/uniquehot.com\/?p=600954"},"modified":"2024-04-02T11:58:27","modified_gmt":"2024-04-02T11:58:27","slug":"solana-price-explode-by-80-crypto-analyst","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/","title":{"rendered":"Solana Price Could Explode By 80% If This Happens: Crypto Analyst"},"content":{"rendered":"

In line with the broader trend in the overall crypto market, the Solana (SOL) price has fallen by 7.5% in the last 24 hours. However, according to renowned analyst Rekt Capital, there is no reason to switch to the bearish side<\/a>.<\/p>\n

In a recent technical analysis<\/a>, the crypto analyst highlighted that Solana is currently showing potential for an 80% price rally based on its present consolidation pattern. According to Rekt Capital, Solana is trading within what appears to be a bull flag formation, as depicted on the weekly SOL\/USD chart from Binance.<\/p>\n

A Bull Flag pattern occurs after a strong, almost vertical price rise and is characterized by a downward-sloping consolidation that resembles a flag on a pole. The “pole” is formed by the initial price surge, while the “flag” represents a period of consolidation with converging trendlines.<\/p>\n

\"Solana
Solana price analysis | Source: X @rektcapital<\/figcaption><\/figure>\n

Traders often watch for a decisive breakout above the flag, which can signal the continuation of the prior uptrend. In Solana’s case, the analyst points out that Solana recently faced a rejection at the top of the bull flag pattern<\/a> at $208, indicating a short-term setback in its upward trajectory.<\/p>\n

Related Reading: Solana (SOL) Continues To Soar \u2013 How High Can It Go?<\/a><\/div>\n

\u201cAnd if Solana keeps this up, it may form a Bull Flag here before breaking out to challenge that Range High $208 resistance again,\u201d Rekt Capital noted.<\/p>\n

However, the bottom of this bull flag, which stands at approximately $184, is identified as a critical support level that needs to be maintained to keep the bullish momentum alive. Should Solana manage to hold above this level, the setup may favor the continuation of the uptrend.<\/p>\n

Notably, Rekt Capital adds that while occasional dips<\/a> or “wicks” into the $173 range are acceptable, the price must generally remain above the $184 support on the weekly time frame to validate the bullish outlook. The $173 price level is marked by a blue horizontal line on the chart, serving as an additional support zone.<\/p>\n

Related Reading: Solana (SOL) Breaks Through Key Resistance, Analyst Forecasts $250 Price Target<\/a><\/div>\n

In terms of price targets, the chart reveals an 80.57% potential rally from the bottom of the bull flag (\u201cpole flag\u201d), which could translate into a target price of approximately $330 if the bull flag pattern is confirmed in the coming days or weeks.<\/p>\n

Solana Bears Gain The Upper Hand On The Lower Time Frames<\/h2>\n

On the lower time frames, like the 2-hour chart, the Solana price lost some momentum, indicating potential short-term consolidation or downward movement. SOL experienced a sharp -13% decline, breaking through a significant upward trendline (black) that had previously provided support throughout an ascending trajectory.<\/p>\n

\"Solana
SOL price, 2-hour chart | Source: SOLUSD on TradingView.com<\/a><\/figcaption><\/figure>\n

The price has sliced through the Fibonacci retracement levels plotted from the swing low at $162.68 to the swing high at $204.19, currently hovering around the 0.618 Fib level at $178.54. Typically, this level serves as a strong support zone, but a sustained break below could accelerate losses toward the next levels at 0.786 ($171.56) and potentially the full retracement at $162.68.<\/p>\n

Volume indicators show a marked increase in selling pressure during the price dip, which substantiates the current bearish momentum. Furthermore, the Relative Strength Index (RSI) has plummeted to 29, teetering on the edge of the oversold territory. This suggests that sellers are in control, but also raises the possibility of a relief bounce if the RSI dips further into oversold conditions and triggers a reactive buying response.<\/p>\n

Featured image from Euronews, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

In line with the broader trend in the overall crypto market, the Solana (SOL) price has fallen by 7.5% in the last 24 hours. However, according to renowned analyst Rekt Capital, there is no reason to switch to the bearish side. In a recent technical analysis, the crypto analyst highlighted that Solana is currently showing potential for an 80% price rally based on its present consolidation pattern. According to Rekt Capital, Solana is trading within what appears to be a bull flag formation, as depicted on the weekly SOL\/USD chart from Binance. A Bull Flag pattern occurs after a strong, almost vertical price rise and is characterized by a downward-sloping consolidation that resembles a flag on a pole. The “pole” is formed by the initial price surge, while the “flag” represents a period of consolidation with converging trendlines. Traders often watch for a decisive breakout above the flag, which can signal the continuation of the prior uptrend. In Solana’s case, the analyst points out that Solana recently faced a rejection at the top of the bull flag pattern at $208, indicating a short-term setback in its upward trajectory. Related Reading: Solana (SOL) Continues To Soar \u2013 How High Can It Go? \u201cAnd if Solana keeps this up, it may form a Bull Flag here before breaking out to challenge that Range High $208 resistance again,\u201d Rekt Capital noted. However, the bottom of this bull flag, which stands at approximately $184, is identified as a critical support level that needs to be maintained to keep the bullish momentum alive. Should Solana manage to hold above this level, the setup may favor the continuation of the uptrend. Notably, Rekt Capital adds that while occasional dips or “wicks” into the $173 range are acceptable, the price must generally remain above the $184 support on the weekly time frame to validate the bullish outlook. The $173 price level is marked by a blue horizontal line on the chart, serving as an additional support zone. Related Reading: Solana (SOL) Breaks Through Key Resistance, Analyst Forecasts $250 Price Target In terms of price targets, the chart reveals an 80.57% potential rally from the bottom of the bull flag (\u201cpole flag\u201d), which could translate into a target price of approximately $330 if the bull flag pattern is confirmed in the coming days or weeks. Solana Bears Gain The Upper Hand On The Lower Time Frames On the lower time frames, like the 2-hour chart, the Solana price lost some momentum, indicating potential short-term consolidation or downward movement. SOL experienced a sharp -13% decline, breaking through a significant upward trendline (black) that had previously provided support throughout an ascending trajectory. The price has sliced through the Fibonacci retracement levels plotted from the swing low at $162.68 to the swing high at $204.19, currently hovering around the 0.618 Fib level at $178.54. Typically, this level serves as a strong support zone, but a sustained break below could accelerate losses toward the next levels at 0.786 ($171.56) and potentially the full retracement at $162.68. Volume indicators show a marked increase in selling pressure during the price dip, which substantiates the current bearish momentum. Furthermore, the Relative Strength Index (RSI) has plummeted to 29, teetering on the edge of the oversold territory. This suggests that sellers are in control, but also raises the possibility of a relief bounce if the RSI dips further into oversold conditions and triggers a reactive buying response. Featured image from Euronews, chart from TradingView.com<\/p>\n","protected":false},"author":571,"featured_media":600962,"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":[12837,86420,83626,89405,85361,89753,86410],"class_list":["post-600954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-sol","tag-sol-price","tag-solana","tag-solana-news","tag-solana-price","tag-solana-price-prediction","tag-solusd"],"acf":[],"yoast_head":"\nSolana Price Could Explode By 80% If This Happens: Analyst<\/title>\n<meta name=\"description\" content=\"Solana has fallen by 7.5% in the last 24 hours. However, according to analyst Rekt Capital, there is no reason to switch to the bearish side.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana Price Could Explode By 80% If This Happens: Analyst\" \/>\n<meta property=\"og:description\" content=\"Solana has fallen by 7.5% in the last 24 hours. However, according to analyst Rekt Capital, there is no reason to switch to the bearish side.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-02T12:00:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-02T11:58:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"810\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jake Simmons\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/realJakeSimmons\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jake Simmons\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/\"},\"author\":{\"name\":\"Jake Simmons\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\"},\"headline\":\"Solana Price Could Explode By 80% If This Happens: Crypto Analyst\",\"datePublished\":\"2024-04-02T12:00:12+00:00\",\"dateModified\":\"2024-04-02T11:58:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/\"},\"wordCount\":599,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810\",\"keywords\":[\"Sol\",\"SOL Price\",\"Solana\",\"Solana news\",\"Solana Price\",\"Solana Price prediction\",\"SOLUSD\"],\"articleSection\":[\"Solana\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/\",\"url\":\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/\",\"name\":\"Solana Price Could Explode By 80% If This Happens: Analyst\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810\",\"datePublished\":\"2024-04-02T12:00:12+00:00\",\"dateModified\":\"2024-04-02T11:58:27+00:00\",\"description\":\"Solana has fallen by 7.5% in the last 24 hours. However, according to analyst Rekt Capital, there is no reason to switch to the bearish side.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810\",\"width\":1440,\"height\":810,\"caption\":\"Solana price prediction\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Solana Price Could Explode By 80% If This Happens: Crypto Analyst\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028\",\"name\":\"Jake Simmons\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g\",\"caption\":\"Jake Simmons\"},\"description\":\"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with uniquehot.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons\"],\"url\":\"https:\/\/uniquehot.com\/author\/marcusmisiak\/\"}]}<\/script>\n","yoast_head_json":{"title":"Solana Price Could Explode By 80% If This Happens: Analyst","description":"Solana has fallen by 7.5% in the last 24 hours. However, according to analyst Rekt Capital, there is no reason to switch to the bearish side.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/","og_locale":"en_US","og_type":"article","og_title":"Solana Price Could Explode By 80% If This Happens: Analyst","og_description":"Solana has fallen by 7.5% in the last 24 hours. However, according to analyst Rekt Capital, there is no reason to switch to the bearish side.","og_url":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-04-02T12:00:12+00:00","article_modified_time":"2024-04-02T11:58:27+00:00","og_image":[{"width":1440,"height":810,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810","type":"image\/png"}],"author":"Jake Simmons","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/realJakeSimmons","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Jake Simmons","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/"},"author":{"name":"Jake Simmons","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028"},"headline":"Solana Price Could Explode By 80% If This Happens: Crypto Analyst","datePublished":"2024-04-02T12:00:12+00:00","dateModified":"2024-04-02T11:58:27+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/"},"wordCount":599,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810","keywords":["Sol","SOL Price","Solana","Solana news","Solana Price","Solana Price prediction","SOLUSD"],"articleSection":["Solana"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/","url":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/","name":"Solana Price Could Explode By 80% If This Happens: Analyst","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810","datePublished":"2024-04-02T12:00:12+00:00","dateModified":"2024-04-02T11:58:27+00:00","description":"Solana has fallen by 7.5% in the last 24 hours. However, according to analyst Rekt Capital, there is no reason to switch to the bearish side.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810","width":1440,"height":810,"caption":"Solana price prediction"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Solana Price Could Explode By 80% If This Happens: Crypto Analyst"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/d4fcdbfaec61dd668092ba3f4d318028","name":"Jake Simmons","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b1c6e6bccf4fbe757cbc0396eeac0abf?s=96&d=mm&r=g","caption":"Jake Simmons"},"description":"Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with uniquehot.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field. His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone. With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake\u2019s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage. Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control. For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality. As a journalist, Jake\u2019s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies. In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it\u2019s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake\u2019s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time. You can engage with his latest takes on Twitter: @realJakeSimmons.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/realJakeSimmons"],"url":"https:\/\/uniquehot.com\/author\/marcusmisiak\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Solana Price Could Explode By 80% If This Happens: Crypto Analyst","url":"http:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/solana\/solana-price-explode-by-80-crypto-analyst\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810"},"articleSection":"Solana","author":[{"@type":"Person","name":"Jake Simmons"}],"creator":["Jake Simmons"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["sol","sol price","solana","solana news","solana price","solana price prediction","solusd"],"dateCreated":"2024-04-02T12:00:12Z","datePublished":"2024-04-02T12:00:12Z","dateModified":"2024-04-02T12:00:12Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Solana Price Could Explode By 80% If This Happens: Crypto Analyst\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/solana\\\/solana-price-explode-by-80-crypto-analyst\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/solana\\\/solana-price-explode-by-80-crypto-analyst\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810\"},\"articleSection\":\"Solana\",\"author\":[{\"@type\":\"Person\",\"name\":\"Jake Simmons\"}],\"creator\":[\"Jake Simmons\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"sol\",\"sol price\",\"solana\",\"solana news\",\"solana price\",\"solana price prediction\",\"solusd\"],\"dateCreated\":\"2024-04-02T12:00:12Z\",\"datePublished\":\"2024-04-02T12:00:12Z\",\"dateModified\":\"2024-04-02T12:00:12Z\"}<\/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\/04\/1440x810_cmsv2_1c274f6a-70e9-5810-8da1-eb2041dda5bb-6901934.png?fit=1440%2C810","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/600954"}],"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\/571"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=600954"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/600954\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/600962"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=600954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=600954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=600954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}