Moving averages are a popular indicator in all financial markets. Popular SOL Moving Averages and Oscillators for Wed, May 17, 2023 Currently, the RSI value is at 45.71, which indicates that the SOL market is in a neutral position. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Solana's short-term 50-Day SMA is estimated to hit $ 19.57 by Jun 16, 2023. Meanwhile, a Golden Cross last occurred on Apr 27, 2023, which was 20 days ago.īased on our technical indicators, Solana's 200-day SMA will drop in the next month and will hit $ 22.13 by Jun 16, 2023.
The most recent Death Cross in the Bitcoin market happened 12 days ago, on May 05, 2023. The price of Solana is currently below the 50-day SMA and this indicator has been signaling SELL for the last 10 days, since May 07, 2023. The 200-day SMA has been signaling SELL for the last 10 days, since May 07, 2023. Solana is currently trading below the 200-day simple moving average (SMA). Solana Predictions for years 2023, 20 Based on Tech Growth
SOL CRYPTO PROFESSIONAL
Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our Solana forecast, it's now a bad time to buy Solana.ĭisclaimer: This is not investment advice. Solana recorded 13/30 (43%) green days with 5.02% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 50 (Neutral). My bet is really on Solana, but it could be any of these… Solana, I’ve got more allocated towards that, than I have some of the others, but I’m watching them and waiting to see.According to our current Solana price prediction, the value of Solana is predicted to drop by -15.66% and reach $ 17.56 by May 22, 2023. They’ll end up becoming very large dominant chains. “I think a lot of these layer ones this time around will be like ETH in the last cycle. So I think we’re going to see ETH lead the charge, and then we’ll see this tail of stuff starting to come as we start a new bull market and generally things work that way. “ As adoption keeps building, a lot of adoption spills outside of ETH into the Solana, Avalanche, and a bunch of other protocols as well. Currently, he is the CEO of finance and business video channel Real Vision, which he co-founded in 2014.Īccording to a report by The Daily Hodl, on 9 September 2022, during an “Ask Me Anything” session streamed live on the “Real Vision Crypto” YouTube channel, Pal had this to say about Ethereum and Solana: Before that, Pal worked at Goldman Sachs, where he co-managed the European hedge fund sales business in Equities and Equity Derivatives. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm GLG Partners (which is now called “Man GLG”). On 9 September 2022, former Goldman Sachs executive Raoul Pal explained why he is bullish on $SOL.
And in exchange, they are rewarded with additional assets from the network, which are paid out as rewards.“Īnyway, last Saturday (October 15), crypto analyst and influencer “Altcoin Sherpa” told his over $184K Twitter followers that if they manage to buy $SOL when it gets to below $20 and HODL it for two years, they should see $SOL at least 10X: When users stake their crypto, they make the underlying blockchain of that asset more secure and more efficient. “ Solana aims to enable smart contracts to allow developers to build a wide range of decentralized finance (DeFi) apps, new crypto tokens, games, and more. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization, and is one of the largest proof of stake blockchains by market cap. Solana aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. “ Solana is a decentralized computing platform that uses SOL to pay for transactions. Here is how Coinbase described Solana in a blog post published on 29 June 2022:
On October 15, a popular pseudonymous crypto analyst talked about his price prediction for $SOL, the native token of the Solana blockchain.
0 kommentar(er)
