Solana (SOL) is ready to stage a turnaround, with analyst Ali Martinez stating that current prices offer a chance to accumulate.
Solana NFT sales have hit a record high as the Solana co-founder points out a link between Solana and Bitcoin creator Satoshi Nakamoto.
Ethereum rival Solana (SOL) is poised for an upswing in the coming weeks as the altcoin begins to generate investor interest. Prominent crypto analyst Ali Martinez has pointed out some technical indicators that point to SOL rallying. The analyst highlights the TD Sequential indicator, a leading trend reversal indicator, which presents a buy signal.
Bolstering this indicator is the Moving Average Convergence Divergence (MACD) indicator, which is in positive territory, a bullish signal.
The TD Sequential indicator presents a buy signal on the #Solana daily chart, suggesting a potential upswing that could span one to four daily candlesticks for $SOL. pic.twitter.com/LR0I9Y2diu
— Ali (@ali_charts) February 24, 2024
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