Bitcoin (BTC) looks as though it may break out of the downward trend it has been in for 135 days. If this happens, certain altcoins could run hard. Solana (SOL) and Injective Protocol (INJ) have just retested support, therefore, they are likely to be among the leading altcoins in this next stage of the bull market.
$SOL retests trend line support
Source: TradingView
The $SOL price broke out of its triangle after a huge 44% surge, which took it from the bottom of the triangle at $128 to $184, in only two short weeks. Since that time, the price has corrected back to not only retest support at $173, but also the top of the triangle at $168.
It could now be imagined that all is ready for $SOL to move back to its local high for this bull market, at $210. From there, the all-time high from the last bull market of $260, wouldn’t be that far away.
Among all the top ranked cryptocurrencies by market capitalization, $SOL is far and away the best performing altcoin for this bull ma
We współpracy z: https://cryptodaily.co.uk/2024/07/solana-sol-and-injective-protocol-inj-retest-support-up-from-here
