Analyst Spots Bullish Pattern: Is Solana Heading for a $565 Breakout?

Quick Summary:

The crypto market displays signs of recovery as the overall market cap and the 24-hour trading volume surges to $3.19 trillion and $105 billion, respectively as per data from CMC.

As the market recovers, major altcoins such as Solana are reversing the recent downtrends, indicating a potential rally.

Moreover, if the current trend holds, the MACD line, which has changed its downward direction, will likely make a bullish crossover soon.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab Emirates

Topics: Solana SOL Altcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 12:57:32 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 504 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26034773

View Article Analysis

About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 19 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

Frequently Asked Questions