Solana poised to take off soon
Hello fellow traders. Just a comparison to a previous bear market Sol was in, and I noticed there's a bit of similarity to how its structured.
Not saying this is the bottom, but if past history will rhyme this time, we might see some bullish sentiment take over. Also note the rising MFI and falling price, indicating that the selling pressure is decreasing and gives us a clue that a turn in the market might be close.
Sol currency can be used to purchase NFTS for many projects. Seeing that NFTs are seemingly taking of in the metaverse, this alt coin seems undervalued as it stands today.
Comment your opinions! Good luck and set stop losses!
Not saying this is the bottom, but if past history will rhyme this time, we might see some bullish sentiment take over. Also note the rising MFI and falling price, indicating that the selling pressure is decreasing and gives us a clue that a turn in the market might be close.
Sol currency can be used to purchase NFTS for many projects. Seeing that NFTs are seemingly taking of in the metaverse, this alt coin seems undervalued as it stands today.
Comment your opinions! Good luck and set stop losses!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.