One of the leading altcoin gainers in this bull market so far, the $SOL price has been in a long period of accumulation since early this year. Back at a very important horizontal support level, is $SOL gearing up for a massive breakout?
$BTC and Breakpoint conference catalysts for $SOL price
When talking about the chances of any altcoin exploding higher, unless there is some excellent fundamental news, much, if not all, will depend on how Bitcoin is doing. If $BTC is ready to explode higher, the best fundamentals altcoins will probably follow.
That said, Solana has its Breakpoint conference coming up this coming weekend, and rumour has it that at least three major pieces of news will be dropped at the event. The $SOL price normally rallies into the event, but this year the expected surge has still not materialised.
That said, the $SOL price is still holding above what is now the huge support level of the 0.618 fibonacci, at $129. If $BTC can get back to its previous loca
We współpracy z: https://cryptodaily.co.uk/2024/09/when-will-solana-sol-explode
