SOL failed to break ATH | Bitcointalksearch.org

Fredomago

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Quote from: manok jepang on November 01, 2021, 11:18:07 AM

currently, Solana is in a positive trend, because it experienced a very significant increase today we can see the price of SOL has risen to $203.43 and if you look at its retention, Solana has a great chance to reach her ATH in the near future, because of the highest achievement ever achieved is $218.83, of a course this value is very easy to achieve by SOLANA, besides the current value difference is very close, Solana also has a long way to go so that to penetrate the highest valuation is very wide open, so I don't think SOL has failed but vice versa.

Giving that fact, SOL still young and still has a lot to offer, if more success being produced from its chain and more new project
that being built inside SOL system gains interest and support from investors, the value can increase more. We can't conclude the fate
of the project if there are good things that still ongoing inside the development.

Just invest in any project that you really trust, allow the growth and collect your passive profits whenever you are satisfied with the amount.

SOL can be your passive money maker if you go deeper into this system. Wink

manok jepang

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currently, Solana is in a positive trend, because it experienced a very significant increase today we can see the price of SOL has risen to $203.43 and if you look at its retention, Solana has a great chance to reach her ATH in the near future, because of the highest achievement ever achieved is $218.83, of a course this value is very easy to achieve by SOLANA, besides the current value difference is very close, Solana also has a long way to go so that to penetrate the highest valuation is very wide open, so I don't think SOL has failed but vice versa.

Jose Mourinho

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Buddy,,,,!!! Don't be in a hurry to determine Solana's achievements, because in my opinion SOL is currently experiencing a significant increase, the price of SOL has increased to 196.42 where the highest price ever made is 218.73, of course the current price and the best achievement ever achieved there is not much difference, I think Solana still has a great chance to be able to solve the new ATH by the end of this year,

dragonvslinux

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Quote from: FanEagle on October 31, 2021, 12:41:35 AM

Quote from: djgtr on October 23, 2021, 08:49:30 PM

Solana (SOL) rallied 30% and almost touched the all-time high levels of $216 after breaking out above a pennant formation. SOL missed the ATH price by just $1, according to Binance.

Solana is expected to see some consolidation around the $200 mark. Should the support at $192 fail, Solana can explore lower levels ($177) before any new attempt to break the all-time high occurs. Expect significant volatility from Solana over the short term. For now solana is at the price of 198.80$ is it the best time to invest in Solana or not?

There have been lots of crypto currencies and projects that have been created in the community to overtake ethereum in the market. So, failing to its own peak level is highly expected and whenever these coins are created, we always see talks like this going round about them having what it takes to be the next biggest thing in the alternative cryptocurrency market.

The way certain coins/tokens moon in such a short amount of time, also reminds me of Chainlink in 2020. It quickly reached the Top 10, but now barely lies in the Top 20. Earlier this year there was Uniswap being the number one DEX and a Top 10 coin, but now only the second most popular and no longer in the Top 10. A lot of projects go up then down depending on the season as well as cycle it seems.

Quote from: FanEagle on October 31, 2021, 12:41:35 AM

But at the end of all this, it usually ends with everyone forgetting about those projects and Ethereum continuing with its lead as the number one altcoin in the market. So, I can’t really give you an answer that Solana will be the next biggest project there is, it’s quite possible that Ethereum will maintain its position in the future. You can even take Bitcoin as an example, Bitcoin is main purpose has been about transaction.

This is very true, I've been thinking the same lately of all these competing layer 1 solutions trying to be "better than Ethereum". While many of them do have technological advantages, they still don't have as many devs or users to go with. Sometimes it reminds me of 2018 "ETH killers" hype, when Ethereum was struggling with price due to the ICOs selling off etc, even if it's a different market these days.

FanEagle

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Quote from: djgtr on October 23, 2021, 08:49:30 PM

Solana (SOL) rallied 30% and almost touched the all-time high levels of $216 after breaking out above a pennant formation. SOL missed the ATH price by just $1, according to Binance.

Solana is expected to see some consolidation around the $200 mark. Should the support at $192 fail, Solana can explore lower levels ($177) before any new attempt to break the all-time high occurs. Expect significant volatility from Solana over the short term. For now solana is at the price of 198.80$ is it the best time to invest in Solana or not?

There have been lots of crypto currencies and projects that have been created in the community to overtake ethereum in the market. So, failing to its own peak level is highly expected and whenever these coins are created, we always see talks like this going round about them having what it takes to be the next biggest thing in the alternative cryptocurrency market.

But at the end of all this, it usually ends with everyone forgetting about those projects and Ethereum continuing with its lead as the number one altcoin in the market. So, I can’t really give you an answer that Solana will be the next biggest project there is, it’s quite possible that Ethereum will maintain its position in the future. You can even take Bitcoin as an example, Bitcoin is main purpose has been about transaction.

But, we have seen events where the fees for sending money with Bitcoin has increased, despite all that, there haven’t been any other cryptocurrency that can be able to replace Bitcoin, but there have been many of them that were created to Replace it, but they haven't been successful.

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Quote from: djgtr on October 23, 2021, 08:49:30 PM

Solana (SOL) rallied 30% and almost touched the all-time high levels of $216 after breaking out above a pennant formation. SOL missed the ATH price by just $1, according to Binance.

Solana is expected to see some consolidation around the $200 mark. Should the support at $192 fail, Solana can explore lower levels ($177) before any new attempt to break the all-time high occurs. Expect significant volatility from Solana over the short term. For now solana is at the price of 198.80$ is it the best time to invest in Solana or not?

Don't rush mate because SOL has just starting to make way for another ATH and not meeting this recently means it will stop there .
i have observed other altcoins who has the same activities recently not only SOL so just keep your coins if you are a Hodler because your time will come sooner.

Quote from: mexite on October 28, 2021, 04:17:01 PM

SOL is one of the crypto revelations of 2021. The project really performed well due to its cheap gas fee, fast transaction, and support of ecosystem projects. I see the coin breaking its ATH in the next bull run and setting another all time high. I hope the dev team is able to prevent future reoccurrence of network clog that has warranted network shutdown twice in the past.

SOL is very promising and seemingly will break many ciuns in the future .

7788bitcoin

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Quote from: djgtr on October 23, 2021, 08:49:30 PM

Solana (SOL) rallied 30% and almost touched the all-time high levels of $216 after breaking out above a pennant formation. SOL missed the ATH price by just $1, according to Binance.

There is plenty of time left for Solana to break the all time high valuation if you take into account that the bull run will last for another couple of months or further. So it is not a big deal that the price did not break the all time high valuation now, expect the market to get the momentum after a minor correction and the market will keep on moving higher by the end of this year.

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Quote from: ivankoh on October 28, 2021, 01:18:23 PM

Sol has had a quick development and bend of its ATh pegs. The figures show it has increased by more than 500% since July 28. This number may be more surprising to come. I think Sol is uniquely positioned for investment, a solid long-term path to expansion with better profit potential. I think the ATH near $220 won't be the last for Sol this year. Be patient and to keep eyes on it.

It's normal to see corrections, and it's a good opportunity for those who still wanted to participate in investing to this coin, SOL have a good reason to pump for more, with the system that it's offering developers find alternative it's adding more options for both developers and traders to enjoy the benefits of this system.

Thinking for long term? SOL can be considered as one of those good alternative investments, aside from ETH and BNB, which following Bitcoin in gaining more interest.

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Quote from: djgtr on October 23, 2021, 08:49:30 PM

Solana (SOL) rallied 30% and almost touched the all-time high levels of $216 after breaking out above a pennant formation. SOL missed the ATH price by just $1, according to Binance.

Solana is expected to see some consolidation around the $200 mark. Should the support at $192 fail, Solana can explore lower levels ($177) before any new attempt to break the all-time high occurs. Expect significant volatility from Solana over the short term. For now solana is at the price of 198.80$ is it the best time to invest in Solana or not?

Breaking another ATH over ATH shouldn't always be expected. Remember that when there's hype, there's always an attempt to spoil the momentum.

For the question, if it's the best time to invest in Solana, it's up on your DYOR and risk management. How do you see the current trend? What are your thoughts regarding the price movement? Form an analysis based on your given factors and decide what to do next.

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If you look up to small gains then maybe check sol But my advice will be to lookup the ecosystem and find out whats worth investing into Not just ape into sol I mean imagine aping into star atlus as the first set of investors That will move is what make ecosystem sexy But sol on its own is just small gain since mkcap right now is way in the billions

mexite

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SOL is one of the crypto revelations of 2021. The project really performed well due to its cheap gas fee, fast transaction, and support of ecosystem projects. I see the coin breaking its ATH in the next bull run and setting another all time high. I hope the dev team is able to prevent future reoccurrence of network clog that has warranted network shutdown twice in the past.

ivankoh

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Sol has had a quick development and bend of its ATh pegs. The figures show it has increased by more than 500% since July 28. This number may be more surprising to come. I think Sol is uniquely positioned for investment, a solid long-term path to expansion with better profit potential. I think the ATH near $220 won't be the last for Sol this year. Be patient and to keep eyes on it.

GreatArkansas

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I think this thread/first post of OP is invalidated since a few days ago we saw how Solana broke the previous all-time high.

I am also worried about Solana especially the recent issue of Solana being down or offline for around 17 hours, and that was the time Solana went down at around $150.
But look at now, recently updated the all-time-high.
I am still looking forward to Solana upward even a lot of competitor is popping, but I believe Solana is different and unique.

lenovop-70

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It's better to wait for the bear trend to enter SOL because I think SOL has reached its peak for a while, the correction is certain and will create new ATH in the future, that's what I think. But if you have a strong reason to keep buying SOL, of course I don't prevent you from buying it before it's too late, it's all about personal data and beliefs, so there's nothing wrong.

michellee

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My suggestion is not to buy SOL now because the price now is at $197, which is almost $200 so that is too risky if you decide like that. Maybe you can invest in SOL in the next big bear trend because the bull trend can come up again. But if you still insist on investing in SOL because you think that the bull run can come to SOL, you are free to do that because that is your money but you should know the consequences as the market is still unpredictable. Maybe after this, the altcoin season will come and make SOL price can increase and make a new ATH. But we do not know for sure so it is better to search for the other coins that can increase.

dragonvslinux

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This is because SOL/BTC is still going down since September's high, after confirming it's third lower low it has now confirmed it's third lower high along with declining volume.

Price is not only at the accumulation/distribution level (VPVR point of control) but also struggling at the 0.618 retracement level since it's July lows, so likely to make a decisive move either up or down very soon. The truth is everything looks great against USD, EUR, as well as dogpoo. But compared to the price of Bitcoin that remains the main trading pair, it's clear why Solana failed to maintain it's ATH price, because it's in a short-term downtrend that could easily continue and traders are continuing to take profits. There isn't much volume support until the 200 Day MA / 0.236 retracement level either, which is a long way down.

If Bitcoin's dominance continues to rise after the consolidation in previous months, then it's BTC price could easily drop in half, while at the same time maintaining it's USD value. Food for thought I hope.

Rehan Zakir

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Don't worry my friend . Solana is a very strong project it will make their new ATH is the next alt coin season. And there is a prediction that Solana coin will hit 500$ in 2021. So, I am still waiting for a pump from Solana. Hold it for long term it will give you massive profit. Don't sell Solana coins at cheap price. Hold it until it hit 500$ or even 1000$

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Quote from: yohananaomi on October 27, 2021, 12:38:52 PM

I'm just as sure as you say that sol is still just pending achieving renewable ATH, and will continue to work towards achieving it.
if we look at the chart on CG it is clear that the sol in October is better than the increase from bitcoin, this clearly indicates that there is a direction to the positive.

if bitcoin will increase again after the current correction, then it is certain that the sol will be able to reach towards renewable ATH. it is only a matter of time that soles will be able to do that and they will always remain a very attractive investment.

For me SOL didn't fail to break it's recent ATH because this altcoin is just on it's way to attain it. If we were going to look at the market movement of SOL today, the movement indicates a healthy correction for the token and it only takes a day for this token for a rapid correction and now it is pumping again. I regret my decision to withdraw my investment in SOL after I get a good profit out of my investment last time believing that SOL will only sit at the highest of $205 that time. Now, it is still good to invest in SOL.

adamantasaurus

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I think most alt coins will be breaking all time highs in the next run up which will likely happen next few weeks. IMO this is just a cool down from the run up we had I think btc will go higher for sure this is good though it is healthy resistance and not just a straight shot to the moon like when we broke 20k earlier in the run it just rocketed right to 30k pretty much almost 0 resistance. Patience and smart investing during these dips will win in this bullrun

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Quote from: samuraijin on October 24, 2021, 08:04:17 AM

i think for this year the moon is only for bitcoin only and it looks like altcoins are hard to go to the moon, i'm not saying SOL is bad, i also have a few but it seems hard to go through another new ATH price seeing currently bitcoin is dominating the market

only certain altcoins can actually follow bitcoin's path of finding ATH. out of thousands of coins in the crypto market i think solana is not a flop and solana looks like he will get ATH next time. I'm still optimistic about Solana who has great potential in crypto

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