CRITICAL – SOL to go HIGHER!! Solana Price Prediction

Hey guys what’s up it’s frank here from Altcoin buzz today there is this Critical support level that we are Looking at at solana now is really a Make or break moment i’m going to show You the reasons why that is and which Direction i think we’re going to be Heading in based on a range of Indicators solana of course in ninth Place solana had a massive massive rise Over the past year or so significantly Outperforming bitcoin as you can see Here all the way back since april 2020 We’ve been in a monthly uptrend solana Currently seeing 9.2 growth over the Past 24 hours one of the best performing Altcoins over the past 24 hours so let’s Find out why this is and if this relief Rally will continue now for those of you Who don’t know al quinn buzz is first And foremost a crypto investment Research company and we have been Providing you numerous 100 x returns Since 2017. so if you want to get in on that Action join our altcoin buzz access Group where we document up-to-date Research covering undervalued altcoin Gems nft minting opportunities and our Portfolio strategies So click the link above to take part in The action alternatively click the link Down in the comment section down below Please don’t forget to like subscribe

And click the notification bell so that You don’t miss any future updates and Finally please note that none of this is Financial advice [Music] Okay so as i mentioned solana btc has Been in a massive massive uptrend solana Outperformed bitcoin immensely Since 2020 you can see 9 300 percent and of Course this is just sol btc if you go to Sol usdt you will see that we’ll have Absolutely phenomenal growth here of Course 20 527 Absolutely insane so right now we have This critical level here marked by this Red circle now if i just take this out I’m going to show you why that is first Of all we have this descending wedge Right now this is a bullish pattern this Descending wedge means that The price is correcting after a rally And we are looking for support of course Which would come at the bottom of this Diagonal Line over here so Really we are looking for support Somewhere on this line we’ve already had One candle where a wick took us right Back up another candle where exactly the Same thing happened not to mention that We’ve had eight weeks in the red so is

The likely that this will continue tell Me down in the comments section below Say red if you think this week will be Red or say green if you think this week Will be green type that down in the Comment section below red or green now i Personally don’t think it’s very likely That we have yet another red week eight Red weeks in a row is unprecedented for Most altcoins And as mentioned we have this diagonal Support but what we also have is this Horizontal support here on the weekly Time frame we saw back here in may 2021 Multiple times we had closes and opens At this 46.88 Level we are currently at 46.78 literally directly below this Level so this is a very important level To hold and i do think that it’s more Likely than not that we will actually Hold it now here are some reasons why Number one look at this daily time frame You see we had this low at 37.46 dollars and then we had a relief Rally which failed but the good news is That we didn’t test and we certainly Didn’t break this 37.46 dollar level we found support Above that which means that we could Potentially commence an uptrend on the Daily chart now the same cannot be said For ethereum ethereum the second largest

Altcoin Has been underperforming solana over the Past week because ethereum did break its Support interestingly enough b and b Usdt Similarly outperforming ethereum Is doing quite well very far from its Daily support but the thing is that many Altcoins actually have broken their Previous daily support so it’s good news That solana has not Secondly we are seeing a bullish Divergence okay we have a higher high in Rsi and a lower low in price this is not A very significant divergence because we Have 15 days between these two price Points so really i don’t think this is Very significant but it’s interesting to Note of course we have the bullish Crossover on the macd so these are signs That the daily chart is recovering okay So finally we’re going to look at Support and resistance levels we are Here on the four hour time frame so when It comes to support the most immediate Support is the previous four hour Support at the 41.79 Level Next after that is the daily support That i mentioned before which ha did not Break the 37.46 dollar level and if we break both Of those levels well first of all we Have this diagonal channel where we

Might potentially find support but Unfortunately in terms of real support Levels the next major one would be quite A lot lower this 23.26 Dollar level which has a lot of previous Price action previous market structure At this support level coming back to the Four hour now the resistances as i Mentioned the 46.88 Level is very very critical you can see It on the weekly time frame you know if We hold above this reliably that will be A very good sign moving forward that we Are maintaining the support it’s no big Deal that we’ve seen a few days below it But really we don’t want to see much More price action below this so it’ll be A good sign if we break that the next One being the four hour double top over Here at 54.51 And finally the Previous daily high at 58.9 Guys if you like this video be sure to Comment down below share it with your Friends the last video i posted was on Ave and the video before that was on Crypto chronos if it’s bottomed out or Not so check that out with the link Above so guys that’s been it from me and I’ll see you in the next one [Music] You