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Solana (Sol) could be on the verge of a major uptrend, according to a popular cryptocurrency analyst.
The pseudonymous trader known as Rekt Capital Tells He has 483,100 followers on social media, making Ethereum (Ethereum) A competitor made a “weekly candle close circled in green”.
“A successful retest of the red zone as new support could enable the trend to continue upwards over time.”
SOL is trading at $172.20 at the time of writing. The fifth-largest crypto asset by market cap is down more than 3% in the past 24 hours but up more than 6% in the past week.
correct He says Best meme assets Dogecoin (doug) broke its overall downtrend “since months”.
Since then, DOGE has successfully retested the overall downtrend as new support.
“A successful retest here would fully confirm the end of a bearish macro trend and the beginning of a new bullish macro trend.”
DOGE is trading at around $0.13 at the time of writing. The ninth-largest cryptocurrency by market cap is down more than 5% in the past 24 hours but up more than 3% in the past seven days.
In terms of Bitcoin (BitcoinRicht claims that “history suggests” that top crypto assets could surge to all-time highs in the next two months.
BTC is trading at $65,676 at the time of writing.
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