• bitcoinBitcoin (BTC) $ 119,202.00
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  • bnbBNB (BNB) $ 849.44
  • solanaSolana (SOL) $ 195.60
  • usd-coinUSDC (USDC) $ 0.999806
  • staked-etherLido Staked Ether (STETH) $ 4,627.50
  • dogecoinDogecoin (DOGE) $ 0.231271
  • tronTRON (TRX) $ 0.359986
  • cardanoCardano (ADA) $ 0.929667
  • wrapped-stethWrapped stETH (WSTETH) $ 5,608.48
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  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • bitget-tokenBitget Token (BGB) $ 4.69
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  • aaveAave (AAVE) $ 316.96
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  • moneroMonero (XMR) $ 243.54
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  • mantleMantle (MNT) $ 1.10
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  • nearNEAR Protocol (NEAR) $ 2.81
  • ethereum-classicEthereum Classic (ETC) $ 22.64
  • aptosAptos (APT) $ 4.81
  • ondo-financeOndo (ONDO) $ 1.02
  • pi-networkPi Network (PI) $ 0.386300
  • jito-staked-solJito Staked SOL (JITOSOL) $ 239.28
  • internet-computerInternet Computer (ICP) $ 5.52
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,636.14
  • arbitrumArbitrum (ARB) $ 0.521151
  • kaspaKaspa (KAS) $ 0.091959
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • algorandAlgorand (ALGO) $ 0.265298
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.239915
  • rocket-pool-ethRocket Pool ETH (RETH) $ 5,272.62
  • gatechain-tokenGate (GT) $ 17.98
  • vechainVeChain (VET) $ 0.024965
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  • cosmosCosmos Hub (ATOM) $ 4.58
  • sei-networkSei (SEI) $ 0.340039
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,871.65
  • render-tokenRender (RENDER) $ 3.91
  • binance-staked-solBinance Staked SOL (BNSOL) $ 208.11
  • fasttokenFasttoken (FTN) $ 4.57
  • susdssUSDS (SUSDS) $ 1.06
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  • bonkBonk (BONK) $ 0.000025
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  • official-trumpOfficial Trump (TRUMP) $ 9.25
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  • filecoinFilecoin (FIL) $ 2.54
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,815.84
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  • skySky (SKY) $ 0.077553
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 118,978.00
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  • usdtbUSDtb (USDTB) $ 1.00
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  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 49.34
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  • blockstackStacks (STX) $ 0.725450
  • curve-dao-tokenCurve DAO (CRV) $ 0.924495
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
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  • tether-goldTether Gold (XAUT) $ 3,346.29
  • lido-daoLido DAO (LDO) $ 1.39
  • aerodrome-financeAerodrome Finance (AERO) $ 1.42
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 119,042.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999927
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 220.98
  • wbnbWrapped BNB (WBNB) $ 849.31
  • immutable-xImmutable (IMX) $ 0.578804
  • flokiFLOKI (FLOKI) $ 0.000108
  • saros-financeSaros (SAROS) $ 0.395331
  • super-oethSuper OETH (SUPEROETH) $ 4,639.74
  • fartcoinFartcoin (FARTCOIN) $ 1.03
  • raydiumRaydium (RAY) $ 3.79
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999134
  • sonic-3Sonic (S) $ 0.309956
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.12
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 119,261.00
  • the-graphThe Graph (GRT) $ 0.094128
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.77
  • pax-goldPAX Gold (PAXG) $ 3,338.42
  • dogwifcoindogwifhat (WIF) $ 0.939636
  • kaiaKaia (KAIA) $ 0.160419
  • clbtcclBTC (CLBTC) $ 120,571.00
  • pendlePendle (PENDLE) $ 5.48
  • conflux-tokenConflux (CFX) $ 0.177821
  • msolMarinade Staked SOL (MSOL) $ 257.09
  • ethereum-name-serviceEthereum Name Service (ENS) $ 27.20
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,638.63
  • tezosTezos (XTZ) $ 0.852367
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,468.58
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  • vaultaVaulta (A) $ 0.520562
  • jasmycoinJasmyCoin (JASMY) $ 0.016945
  • iotaIOTA (IOTA) $ 0.204694
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.22
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,628.50
  • galaGALA (GALA) $ 0.016951
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,954.23
  • stader-ethxStader ETHx (ETHX) $ 4,940.84
  • memecoreMemeCore (M) $ 0.432451
  • pyth-networkPyth Network (PYTH) $ 0.123490
  • the-sandboxThe Sandbox (SAND) $ 0.289906
  • ousgOUSG (OUSG) $ 112.18
  • tbtctBTC (TBTC) $ 118,919.00
  • morphoMorpho (MORPHO) $ 2.08
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999299
  • bittorrentBitTorrent (BTT) $ 0.00000068
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 5,106.67
  • vision-3Vision (VSN) $ 0.207076
  • jito-governance-tokenJito (JTO) $ 1.81
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,648.19
  • ripple-usdRipple USD (RLUSD) $ 0.999880
  • flowFlow (FLOW) $ 0.393444
  • walrus-2Walrus (WAL) $ 0.442167
  • zcashZcash (ZEC) $ 37.71
  • swethSwell Ethereum (SWETH) $ 5,032.43
  • newton-projectAB (AB) $ 0.008343
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.231654
  • keetaKeeta (KTA) $ 1.43
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  • usual-usdUsual USD (USD0) $ 0.997978
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  • savings-daiSavings Dai (SDAI) $ 1.16
  • elrond-erd-2MultiversX (EGLD) $ 15.46

What to Expect Next in Solana? Analyst Assessed

0 38

What to Expect Next in Solana? Analyst Assessed

Renowned cryptocurrency analyst Omkar Godbolev said that there is a “bullish regression” pattern on the price chart of Solana (SOL).

In a recent analysis, Godbolev noted that the price of SOL has risen by over 7% this week to $193, rebounding from a key trendline support level.

According to the analyst, the trendline in question connects the highs of March and July to the lows of April and August, creating a descending channel that encompasses SOL’s long-term swings from March to October. Earlier this month, SOL broke out of this channel, confirming its bullish trend. Solana quickly rose above $260 before pulling back to the breakout, creating what technical analysts call a “bullish regression pattern.”

For SOL, the rebound from the breakout level reaffirmed support and signaled renewed bullish momentum. If this trend continues, traders who took early profits could re-enter the market, further fueling the upward momentum, he said.

While the bullish regression pattern is promising, analysts warn that the pattern’s success depends on SOL maintaining support at the breakout level. Failure to do so could invalidate the pattern and send prices back into the descending channel.

*This is not investment advice.

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