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Technical analysis by citaumeh about Symbol SOL: Buy recommendation (11/14/2023)

https://sahmeto.com/message/576766
citaumeh
citaumeh
Rank: 4998
1.7
Buy،Technical،citaumeh

If you haven't noticed, SOL has been leading altcoins into the coming bull run. SOL has been outperforming ETH and BTC by a big margin. People were selling and panicking out of SOL during the FTX fud but it that had nothing to do with its fundamental. SOL is the most performant L1 by a long shot. Eth went 241% past its ATH last bull run, and if SOL follows a similar trajectory next cycle that puts SOL at $891 (3.618fib) ... Don't fade SOL >. SOL is fundamentally stronger than ETH too. DYOR and Zoom outComment: And now we have ZK compression. If you think SOL cannot reach $780 think again. SOL has everything you want from a chain and its just got better with ZK. SOL at $780 is still lower than ETH's ATH mcap.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Price at Publish Time:
$56.29
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