Simon Chandler Last updated: April 23, 2024 at 17:13 GMT+3 | 3 min read SOL has gained by a very modest 0.2% in the past 24 hours, with the Solana price moving to $154 today and posting a 13% increase in a week. The coin does, however, remain down by 11% in the last 30 days, although it sits on an impressive 600% rise in a year. This shows just how strong SOL has been in recent months, and with its medium- and long-term momentum remaining promising, it could easily achieve a few more rallies in the near future. Solana Price Prediction as SOL Rallies Past $150 Zone – New All-Time High Incoming?. SOL’s chart is definitely in a good place right now, with its indicators continuing to signal ongoing growth. After taking a dip earlier this morning, SOL’s relative strength index (purple) has just climbed over 50 and looks ready for another ascent towards 70. Something similar applies to the coin’s 30-day average (orange), which rose above the 200-day (blue) a couple of days ago and still has space to rise further. Another bullish sign comes from SOL’s resistance (red) and support (green) levels, which are not only rising but also converging towards each other at a higher level. This could suggest that a big jump isn’t too far away, with Solana’s trading volume currently standing at a healthy $3.2 billion. However, there are signs that whales may still be in selling mode, meaning that the Solana price could dip once or twice before we see a concerted recovery. That Solana and the wider market are both a little shaky right now is perhaps not surprising, given that last week’s Bitcoin halving has put pressure on miners. We’re also in the middle of an unsettled period in terms of macroeconomics, with the latest reports suggesting that the Federal Reserve may delay its much-anticipated rate cuts. Still, such cuts will arrive sooner or later, while the last Bitcoin halving will – if history is any guide – gradually boost demand. This will help the Solana price return to growing ways, with the coin remaining one of the strongest in terms of its fundamentals. Indeed, the Solana blockchain’s total value locked in currently stands at $4 billion, having risen by over 800% since November as demand has grown for SOL-based meme coins and NFTs. Such trends will push the coin’s price higher, potentially reaching $300 by the final... https://cryptonews.com/news/solana-price-prediction-as-sol-rallies-past-150-zone-new-all-time-high-incoming.htm #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptoworlddaily #priceprediction #pricepredictionnews #pricepredictionnewstoday #sol #solnews #solnewstoday #solana #solananews #crypto ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple