Solana structurally looking incredibly bullish, especially relative to other alts.
The $130 low sweep from September was met with a higher low in October at around $138 and has bounced strongly from there.
Fundamentally still in a very strong place as a competitor to Ethereum and other layer 1 solutions.
I expect it to close the gap on users and transactions and at 1/10 the market cap of Eth, there is definitely scope to catch up both on a USD value and relative to Eth.
$360 double fib extension, seems reasonable first target, timeframe aggressive.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.