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Solana Price Prediction: Analysts Point to Bullish SOL Price Trend and Support at $199 – Could SOL Defy Bear Market Vibes?

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The Solana value appears to have hit a wall round that $200 degree. Every time it will get shut and tries to break by way of, it finally ends up pulling again once more.

This does probably not have a lot to do with how the community itself is performing, as a result of Solana has truly been doing rather well. Stablecoins on the community simply hit a brand new all-time high of $16.25 billion.

It appears to be like extra just like the broader market circumstances are holding SOL again. Even with the launch of the Bitwise Solana Staking ETF (BSOL) earlier this week pulling in $116 million in simply two periods, the worth nonetheless has not pushed by way of that ceiling.

That mentioned, the technical setup remains to be fascinating. If Solana can maintain its present assist and construct momentum, it may lastly defy the bearish market temper.

Can Solana Price Hit $300 in November? Support Level Will Decide

Source: SOLUSD / TradingView

SOL appears to be like prefer it’s establishing for a clear bullish comeback after that current dump. It discovered strong assist across the $180–$185 vary and is beginning to bounce from there with some regular momentum.

The short-term development is popping upward, and the white projection reveals a wholesome pullback earlier than aiming for the $196 zone, the place some resistance would possibly kick in.

If SOL can keep above $185 and push by way of $196, the following huge goal sits round $205. The RSI is hovering close to 65, exhibiting momentum is choosing up.

SOL appears to be like prefer it’s gearing up for a breakout section, it simply wants that strong transfer above 196 to clear the trail towards 205 and past.

Maxi Doge Defy The Memecoin Bear Market And Shining As The Next Big One

While merchants are watching Solana battle to break by way of key resistance, the highlight within the meme world is shifting towards Maxi Doge, the newest memecoin taking up the Ethereum community.

Maxi Doge is just not your common meme coin. It is constructed on Ethereum with a deal with long-term development, combining basic meme vitality with actual staking rewards and sturdy liquidity backing.

The mission’s presale has already raised over 3.84 million {dollars}, exhibiting severe early demand from each retail and whale buyers.

What is making folks excited is the 79% APY staking reward system, giving holders the possibility to earn whereas ready for the following huge transfer. With Ethereum heating up once more, Maxi Doge is positioned completely to experience that wave and lead the following meme coin run.

Visit the Official Website Here

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