Topic: Is Solana still bullish now? - page 8. (Read 1335 times)
After hitting an ATH of $196, SOL made a correction which is currently trading at $150. The drop in price could be due to investors starting to take profits and to the Sol network shutting down due to overtrading. But I believe SOL will continue to develop in the coming time. Solana ecosystem has welcomed hundreds of projects in different fields to join and is still growing. Solana growth will put pressure on Ethereum and Binance Smart Chain in the near term. I predict by the end of December SOL will reach 300$.
Solana is now a little bit down but I think it will still bounce back and it will reach or have another ATH in the next few days. Dropping of price is normal in crypto and there are a lot of factors that affect the price, for now we need to look at the news and the possible development of the sol project in the next few days or weeks. Looking at the price that declined day by day may lead us to discouragement. So I suggest to stay fucos and have patience for good.
I agree on that mate we need to fucos on the next update not on the current dropping of SOL price. Because SOLANA shows a great pump in a short period of time so the big possibility of the another pump is expected by so many follower of the project and maybe the next update about it's development may push the price back to top again. 
Solana is now a little bit down but I think it will still bounce back and it will reach or have another ATH in the next few days. Dropping of price is normal in crypto and there are a lot of factors that affect the price, for now we need to look at the news and the possible development of the sol project in the next few days or weeks. Looking at the price that declined day by day may lead us to discouragement. So I suggest to stay fucos and have patience for good.
Solana is a good coin at the moment in the crypto market, but the movement of Solana today looks red on the coinmarketcap charts and I think the decline that occurred today in Solana is a common thing in the market. Investing in Solana Koin is good in my opinion.
Solana started very well, showed a pretty good rise. But the problems experienced in recent days are not acceptable. Investors have started to give up on their investments in solana now, it is very difficult to have hype again. No one would want to invest in such a risky place. I think SOL needs some time to recover, problems still not resolved.
Those who like to take risks can invest and earn money
Solana is a good coin at the moment in the crypto market, but the movement of Solana today looks red on the coinmarketcap charts and I think the decline that occurred today in Solana is a common thing in the market. Investing in Solana Koin is good in my opinion.
SOL price is down because Solana network is experiencing issues.
Solana Has Been Down for Hours Due to Resource Exhaustion
When you want to withdraw from Solana network this can't happen
The problem still persists, still stuck till right now and no ETA when this problem will be fixed
Sad because it experienced network problems and made Solan drop up to 24% in a week, I hope of course Solana will recover soon and be great again so that he can make a new ATH. if you don't wake up soon there will be many coins that will beat Solana.
Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?
solana pumped so strongly. solana now has a good trading volume ecosystem but now the solana market is in a downturn. I think this is the time to buy solana and now the potential for solana will also be strong in the future. Solana is a good coin at the moment in the crypto market, but the movement of Solana today looks red on the coinmarketcap charts and I think the decline that occurred today in Solana is a common thing in the market. Investing in Solana Koin is good in my opinion.
SOL price is down because Solana network is experiencing issues.
Solana Has Been Down for Hours Due to Resource Exhaustion
When you want to withdraw from Solana network this can't happen
The problem still persists, still stuck till right now and no ETA when this problem will be fixed
As expected, Solana hype has died down and investors have shifted positions, which is a smart move. Personally, I used my Sol profits to buy more ETH and stake on it. In the meantime, I'll stake ETH while ETH is on good upward trend. That's what winning acts are all about. Sol's downward trend won't allow you to achieve good results if you stay with Solana.
Most are expecting a big bullish jump again, for now many are expected to be managing other moves that help keep moving up.
there is a possibility of a spike that will occur again when there are interesting events that Solona continues to do with new projects in their ecosystem.bitcoin support I guess is also pretty good for now. starting a small rally for the start of a pump I think will be very likely shortly.
Some interesting updates with Solana chain may trigger another pump, if there are more developers to introduce,
projects under this chain, the more interest that will lead investors to this asset.
So far, it's the common reason to why investors take their chance to invest, looking for more progress that will
bring more interest to a wide audience.
For Solana believers, this short corrections is a good chance to ride with the potential bounce back.
Most are expecting a big bullish jump again, for now many are expected to be managing other moves that help keep moving up.
there is a possibility of a spike that will occur again when there are interesting events that Solona continues to do with new projects in their ecosystem.bitcoin support I guess is also pretty good for now. starting a small rally for the start of a pump I think will be very likely shortly.
Solana is a coin that has fallen a bit9 the bullish trend, for now it is at 168usd, after having reached 198USD, it seems the bulls of solana are buying in the dip, and it has not lost that much volume yet, cointelegraph gives the following technical clues:
Most are expecting a big bullish jump again, for now many are expected to be managing other moves that help keep moving up.
Quote
A break below this level could sink the price to the 61.8% Fibonacci retracement level at $123.43.
Conversely, a breakout and close above the trendline will increase the likelihood of a retest of the all-time high at $216.
Source: https://cointelegraph.com/news/price-analysis-9-13-btc-eth-ada-bnb-xrp-sol-dot-doge-luna-uniConversely, a breakout and close above the trendline will increase the likelihood of a retest of the all-time high at $216.
Most are expecting a big bullish jump again, for now many are expected to be managing other moves that help keep moving up.
the current price of the solana is $153. this is not a good time to buy because the bulls were strong enough to hit their all-time highs. the market is not stable in 24 hours today. but a lot of people want to buy just because the Solana has decreased by almost 30% but I think that's a bad thing.
there is a potential that the decline will continue. this depends on the movement of bitcoin in the market. if bitcoin continues its downtrend it will also have an impact on SOL. although the adoption is amazing now because of the new projects that have a very strong hype. but market support is certainly important to make pumps again. waiting for a better market to enter is the best option now.
All I know is that the price of that coin has gone up a lot. It's not really a good idea to buy that again, especially now, that many are already seeing how much it has lifted other altcoins. Let's assume that the momentum of this coin is good, but it still doesn't lose that it has raised a lot. Unless the majority enters it and the price rises again which I think is a bit vague about what will happen.
the current price of the solana is $153. this is not a good time to buy because the bulls were strong enough to hit their all-time highs. the market is not stable in 24 hours today. but a lot of people want to buy just because the Solana has decreased by almost 30% but I think that's a bad thing.
Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?
The momentum that Solana creates based on the tokens offering that happens recently, i think the end of the bull market is after Solana run out of the offering momentum or Bitcoin says no no and going down.
The hypes of any tokens offering is reasonable since most tokens that do Offering on Solana give a huge return to the investors.
For me, this project is worth investment but of course, we don't just focus on this project alone, to spread our money to different coins is advisable.
Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?
right now the price of Solana is going down, but that's only natural because the market is experiencing a correction, so the price of Solana is also correcting, but I'm sure when the market has started to recover and increase again, then of course the price of Solana can definitely increase very high again and create a new ATH price, therefore now is still the right time to invest in Solana, because the price of Solana still has a chance to increase very high and give you a big profit.
Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?
The numbers that show Sol growing are impressive. This year Sol has rallied approximately 120x at 1.6$ and ATH reached 195$. Compared to a few projects built from the beginning, Sol currently has more than 300 projects running on its ecosystem. Although it is still quite modest compared to the ecosystems of ETH and BNB, it is clear that Sol is growing faster and stronger from meeting the high scalability needs. Based on the potential level of prediction in the future, Sol can totally break 500$ I guessSol has become a more worthwhile long-term option, the opportunity is just the beginning for Sol
Solana still hype coin maybe and keep bullish right now or few weeks later, maybe I predict solana coin can raise above $500 in few weeks only because they got support from many investor, bitcoin dumped today but Solana keep stay on stable price and not care what happen with bitcoin price. They have many stronger support from investor keep trusted as Solana coin best investment and price always raise up.
solana price movement was not due hype in market, but demand and believeness to this project that come from investors was be main reason. just like bnb when price move extremely , alot investors thinking the same to solana. with massive ecosystem growing using solana platform its attract investors to buy it for long term. utility and ecosystem be main key for solana price.Solana still hype coin maybe and keep bullish right now or few weeks later, maybe I predict solana coin can raise above $500 in few weeks only because they got support from many investor, bitcoin dumped today but Solana keep stay on stable price and not care what happen with bitcoin price. They have many stronger support from investor keep trusted as Solana coin best investment and price always raise up.
Why do most investors believe that solana still worth to invest?But if you want to fill your bag, it's better to be patient waiting for corrections and the right time to buy.
I imagine that investing into something just as it has already skyrocketed never made sense to me at all. Does that mean that Solana will not go up? Of course not, it could still very much go up, or it may go down, nobody really knows. However irregardless of going up and down, it doesn't make sense to invest into something that shot up so much during the last periods.
Solana is hot in latest weeks but it can not rise forever. I turn on the weekly chart and honestly, it's not my offense to Solana fans, investors, in my opinion, it is time to sell Solana.Sell it and spend a few weeks in coming to see how it moves. I wait for its deep corrections to about $70. There are other altcoins that can give investors safer entries because they have yet skyrocketed like Solana.
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