Solana’s Uptrend Strengthens, But Investors’ Moves Raise Doubts

BE[IN]CRYPTO11-15

Solana surges 40% to $210 but faces strong resistance at $221, stalling its momentum toward the $245 target. Network transactions hit a yearly high, but moderate activity raises concerns about ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSolana’s Uptrend Strengthens, But Investors’ Moves Raise Doubts\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-15 17:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://beincrypto.com/solana-uptrend-strengthens-but-doubts-arise/><strong>BE[IN]CRYPTO</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Solana surges 40% to $210 but faces strong resistance at $221, stalling its momentum toward the $245 target.\nNetwork transactions hit a yearly high, but moderate activity raises concerns about ...</p>\n\n<a href=\"https://beincrypto.com/solana-uptrend-strengthens-but-doubts-arise/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4129","symbol_name":"建筑与工程","start_time":0,"source_url":"https://beincrypto.com/solana-uptrend-strengthens-but-doubts-arise/","article_id":"2483340112","we_media_id":null,"thumbnails":["https://beincrypto.com/wp-content/uploads/2024/09/bic_solana_ETF-covers_neutral_1-850x478.jpg.optimal.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483340112","pubTimestamp":1731661200,"sourceInfo":{"source_id":"beincrypto_highlight","name":"BE[IN]CRYPTO"},"weMediaInfo":null,"summary":"Solana surges 40% to $210 but faces strong resistance at $221, stalling its momentum toward the $245 target.Network transactions hit a yearly high, but moderate activity raises concerns about sustaining SOL’s rally without stronger engagement.SOL risks a drop below $201 if profit-taking intensifies, with $186 as a key support if the current uptrend falters.Solana  price has seen a remarkable 40% surge in recent weeks, climbing to $210. Despite this bullish uptrend, SOL is encountering challenges at the $221 resistance level, which could signal a potential reversal.Investor activity on the Solana network suggests the momentum might face hurdles in sustaining further gains.Transaction activity on the Solana network has increased significantly during the recent price rally. The network recently hit a yearly high in transaction count, highlighting growing interest among participants. However, this increase falls short of expectations, given the current hype surrounding Solana ETFs and broa","collect":0,"end_time":0,"defaultTopTitle":"beincrypto.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4129":"建筑与工程","SOL":"EMEREN GROUP","ADX":"亚当斯快递","ISBC":"投资者银行","BK4211":"区域性银行","BK4519":"光伏太阳能"},"translate_title":"Solana的上升趋势加强，但投资者的举动引发质疑","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ADX":1,"ISBC":1,"SOL":1},"content_text":"Solana surges 40% to $210 but faces strong resistance at $221, stalling its momentum toward the $245 target.\nNetwork transactions hit a yearly high, but moderate activity raises concerns about sustaining SOL’s rally without stronger engagement.\nSOL risks a drop below $201 if profit-taking intensifies, with $186 as a key support if the current uptrend falters.\n\nSolana (SOL) price has seen a remarkable 40% surge in recent weeks, climbing to $210. Despite this bullish uptrend, SOL is encountering challenges at the $221 resistance level, which could signal a potential reversal. \nInvestor activity on the Solana network suggests the momentum might face hurdles in sustaining further gains.  \nSolana Investors Need Motivation\nTransaction activity on the Solana network has increased significantly during the recent price rally. The network recently hit a yearly high in transaction count, highlighting growing interest among participants. However, this increase falls short of expectations, given the current hype surrounding Solana ETFs and broader market bullishness.  \nThis moderate network activity raises concerns about the sustainability of the rally. If Solana fails to attract more significant user engagement, its price momentum might falter, especially as broader market cues begin to stabilize.  \nSolana Transaction Count. Source: Glassnode\nSolana’s macro momentum remains strong, supported by technical indicators. The Average Directional Index (ADX) is at 32, well above the 25.0 threshold, confirming a strong uptrend. This suggests that Solana could continue its upward trajectory if investors remain active.  \nHowever, investor participation will be crucial in sustaining this momentum. Should engagement wane, the current uptrend could lose its strength, potentially triggering a correction in SOL’s price.  \nSolana ADX. Source: TradingView\nSOL Price Prediction: Barriers Halt Growth\nSolana is currently trading at $210, holding steady above its support level of $201. Despite the recent rally, the “Ethereum killer” is struggling to break past the $221 resistance level, which remains a significant barrier to reaching $245.  \nThe mixed sentiment indicates that SOL may consolidate between $201 and $221 until a clearer directional trend emerges. This range-bound movement could dominate the short-term outlook unless broader market conditions shift dramatically.  \nSolana Price Analysis. Source: TradingView\nHowever, if investors opt for profit-taking, Solana could see a decline below the $201 support level. Such a drawdown would invalidate the current bullish-neutral outlook, potentially sending SOL to $186, marking a significant setback for the altcoin’s rally.  \n\n\n\n\nBest crypto platforms in Europe | November 2024\n\n\n\nYouHodler\nExplore\n                      \n\n\n\n\n\nBitpanda\nExplore\n                      \n\n\n\n\n\nCoinbase\nExplore\n                      \n\n\n\n\n\nBYDFi\nExplore\n                      \n\n\n\n\n\nMargex\nExplore\n                      \n\n\n\n\n\n\n\n\nBest crypto platforms in Europe | November 2024\n\n\nYouHodler\n\n\n\n\n\n\n\n\nBitpanda\n\n\n\n\n\n\n\n\nCoinbase\n\n\n\n\n\n\n\n\nBYDFi\n\n\n\n\n\n\n\n\nMargex","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483340112"}