COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Bitcoin and Solana Price Movements in the Current Market
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Solana (SOL) > Bitcoin and Solana Price Movements in the Current Market
Solana (SOL)

Bitcoin and Solana Price Movements in the Current Market

In Brief

  • Bitcoin price falls to $48,300 due to US inflation effects.

  • Solana (SOL) price sees a 30% increase, showing strong demand.

  • SOL Coin overtakes BNB in market value, boosting investor morale.

COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

Bitcoin prices continue to feel the impact of the US inflation tremors, dropping to as low as $48,300. As the price also dipped below $48,800, the possibility of a new test towards the $44,700 region has emerged. What are the current predictions for SOL Coin, and what should investors expect?

Contents
Solana (SOL)SOL Coin Price Prediction

Solana (SOL)

Since October 2023, the SOL Coin price has been rising rapidly, reaching a peak of $126 before the end of December. After two months of weak attempts, SOL Coin has recovered and started an upward movement with a 30% increase. Although it’s unclear how far the BTC decline will continue, for now, the demand for SOL Coin remains strong.

The weekly RSI is significantly above the neutral zone, and at the time of writing, the price is in the $110 region. We can say that popular cryptocurrency analysts are also optimistic about the current outlook. For example, Inmortalcrypto wrote that the current trend could lead to a new peak of $140.

On the other hand, Sam MTI mentioned the start of the rally’s next leg, citing the break above resistance. Bluntz_Capital analyzed the SOL/BTC pair and indicated a new breakout for SOL price to outperform Bitcoin.

Bluntz has set a target of $150 for SOL.

SOL Coin Price Prediction

Readings on the daily chart suggest the upward movement will continue. The steady rise is supported by the increase following the deviation in 2023. At the time of writing, BTC bulls are also struggling to push the price up, making SOL Coin expectations positive.

Five days ago, the SOL price surpassed the mid-range, and now it’s targeting the peak. If the RSI increase supports this, SOL Coin investors could return to the sleepless nights of excitement. Moreover, SOL Coin has surpassed BNB in market value today, which is a significant source of motivation.

If the SOL price continues to rise, it could reach the next resistance, namely $140. Despite the bullish prediction, closures below $102 could bring the medium-term bottom target of $80 back into discussion.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Solana Targets New Highs: Price Momentum Intensifies

Jupiter Launches Innovative Lending Protocol on Solana Blockchain

Pantera Capital Embraces Dynamic Crypto Investment Model on Solana

Kraken’s New Service Empowers Global Investors with Tokenized U.S. Stocks

Solana Coin Races Toward $200 Milestone with Momentum Building

COINTURK NEWS 13 February, 2024 - 10:41 pm 13 February, 2024 - 10:41 pm
Share This Article
Facebook Twitter
Share
Previous Article PEPE Coin Analysis: Will It Reach One Dollar?
Next Article Insights on Dogecoin (DOGE) Price Movement and Predictions
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Kraken Pro Ignites Pi Coin with Futures Trading Boost
Altcoin News
Solana Targets New Highs: Price Momentum Intensifies
Solana (SOL)
Cardano Rises Above Challenges to Establish Strong Ground
Cardano (ADA)
Bitcoin Surges to New Heights as Market Dynamics Shift
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?