{"id":243898,"date":"2024-02-08T21:39:31","date_gmt":"2024-02-08T16:09:31","guid":{"rendered":"https:\/\/dripp.zone\/news\/how-sol-could-hit-140-after-breaking-100-barrier-crypto-news\/"},"modified":"2024-02-08T21:39:34","modified_gmt":"2024-02-08T16:09:34","slug":"how-sol-could-hit-140-after-breaking-100-barrier-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/how-sol-could-hit-140-after-breaking-100-barrier-crypto-news\/","title":{"rendered":"How SOL Could Hit $140 After Breaking $100 Barrier &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">Solana price has experienced a notable upswing in the digital currency market within the last day. The value of this cryptocurrency increased by over 7%, highlighting its promising potential and drawing investor interest. Despite its impressive performance, SOL has faced a correction phase this week. It has lingered under the $100 mark for several days, with market sentiments fluctuating.<\/span><\/p>\n<h2><strong>Solana Price Prediction: Navigating the $100 Milestone<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the price of SOL has breached the $100 barrier, with <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/solana\/\"><span style=\"font-weight: 400;\">Solana<\/span><\/a><span style=\"font-weight: 400;\"> trading at $104, signaling a shift towards a bullish outlook. This recovery follows a period of decline, with the smart contracts token successfully breaking away from a downward trend, suggesting a buildup of positive momentum.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<figure id=\"attachment_179298\" aria-describedby=\"caption-attachment-179298\" style=\"width: 1224px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-price-prediction-e1707407700436.png\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-179298\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/Dogecoin-price-prediction-1224x643.png\" alt=\"Solana price prediction\" width=\"1224\" height=\"643\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-179298\" class=\"wp-caption-text\">Solana price prediction<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The rise, though steady, has contributed to Solana\u2019s substantial market capitalization of $45 billion, positioning it as the fifth-largest cryptocurrency by market value. There\u2019s been a significant 74% increase in trading volume over the past 24 hours, reaching $2.37 billion. This rise in trading activity indicates a growing interest from the investment community, potentially paving the way for further price advancements in Solana\u2019s journey.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A recent analysis by the renowned blockchain analytics firm Santiment has revealed intriguing developments in the cryptocurrency sector, particularly highlighting Solana (SOL). This established altcoin has remarkably outshined Bitcoin, according to the report.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udcc8 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Solana?src=hash&#038;ref_src=twsrc%5Etfw\">#Solana<\/a> is one of the few <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/altcoins?src=hash&#038;ref_src=twsrc%5Etfw\">#altcoins<\/a> outperforming <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> this week, surging back above $102. In the past 36 hours, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a> \/ <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> is +4.5%. The outage that concerned traders Monday ended up being a local bottom, with the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/FUD?src=hash&#038;ref_src=twsrc%5Etfw\">#FUD<\/a> fueling this price rebound. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/lUC0DBS5B3\">https:\/\/t.co\/lUC0DBS5B3<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/1NTk5R4QBj\">pic.twitter.com\/1NTk5R4QBj<\/a><\/p>\n<p>\u2014 Santiment (@santimentfeed) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/santimentfeed\/status\/1755422786452094994?ref_src=twsrc%5Etfw\">February 8, 2024<\/a><\/p>\n<\/blockquote>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">Santiment\u2019s detailed study focused on the SOL\/<\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/price\/bitcoin\/\"><span style=\"font-weight: 400;\">BTC<\/span><\/a><span style=\"font-weight: 400;\"> pair, revealing a bullish pattern that ended a lengthy 21-month decline. This significant shift is attributed to intense buying activity over the last 36 hours, leading to an impressive gain of +4.5%.<\/span><\/p>\n<h2><strong>SOL Technical Indicators Support Bullish Outlook<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">SOL is currently on the verge of breaking through a key resistance level, which would solidify its bullish momentum. With a growing number of positive indicators, predictions for <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/markets\/solana-price-prediction-is-it-a-good-time-to-buy-sol-dip-as-network-outage-causes-uncertainty\/\"><span style=\"font-weight: 400;\">SOL\u2019s price<\/span><\/a><span style=\"font-weight: 400;\"> suggest a strong upward movement may begin soon, potentially reaching the $120 mark. If the bullish pressure continues, Solana price could even soar to $140. Conversely, failing to overcome this pivotal resistance might lead to a downturn, with the $90 mark poised to become a vital support level for Solana.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Moving Average Convergence Divergence (MACD) indicator aligns with a bullish trend, as evidenced by the MACD line surpassing the signal line. A green histogram in the MACD indicator further supports the notion of heightened buying activity, signaling potential market growth. On the daily chart, the Relative Strength Index (RSI) nears the crucial 60 level, suggesting short-term bullish momentum.\u00a0<\/span><\/p>\n<figure id=\"attachment_179295\" aria-describedby=\"caption-attachment-179295\" style=\"width: 1154px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/SOLUSD_2024-02-08_18-31-49.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-179295\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"Solana Price Prediction\" width=\"1154\" height=\"652\" data-lazy-srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/SOLUSD_2024-02-08_18-31-49.png 1154w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/SOLUSD_2024-02-08_18-31-49-300x169.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/SOLUSD_2024-02-08_18-31-49-768x434.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/SOLUSD_2024-02-08_18-31-49-150x85.png 150w\" data-lazy-sizes=\"(max-width: 1154px) 100vw, 1154px\" data-lazy-src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/SOLUSD_2024-02-08_18-31-49.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-179295\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/SOLUSD_2024-02-08_18-31-49.png\" alt=\"Solana Price Prediction\" width=\"1154\" height=\"652\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/SOLUSD_2024-02-08_18-31-49.png 1154w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/SOLUSD_2024-02-08_18-31-49-300x169.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/SOLUSD_2024-02-08_18-31-49-768x434.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2024\/02\/SOLUSD_2024-02-08_18-31-49-150x85.png 150w\" sizes=\"auto, (max-width: 1154px) 100vw, 1154px\"\/><\/noscript><\/a><figcaption id=\"caption-attachment-179295\" class=\"wp-caption-text\">Solana Price Prediction<\/figcaption><\/figure>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<p><span style=\"font-weight: 400;\">The Average Directional Index (ADX) reinforces the bullish trend, while the 20 Exponential Moving Average (EMA) positioning above the 50-EMA typically indicates upcoming gains. This confluence of technical indicators collectively presents a positive outlook for Solana\u2019s market performance, painting a promising picture for its future.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Related Articles<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.80 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/markets\/solana-price-prediction-how-sol-could-hit-140-after-breaking-100-barrier\/\" style=\"display: block\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a rel=\"nofollow noopener\" target=\"_blank\" class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/markets\/solana-price-prediction-how-sol-could-hit-140-after-breaking-100-barrier\/\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here\u2019s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA179294\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. 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The value of this cryptocurrency increased by over 7%, highlighting its promising potential and drawing investor interest. Despite its impressive performance, SOL has faced a correction phase this week. It has lingered under the $100 mark for several days, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":240853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[188,183,185,186,187,184,189,150,182,190],"class_list":["post-243898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-blockchain-tech","tag-blockchain-technology","tag-crypto-technology","tag-cryptocurrency-technology","tag-metaverse-technology","tag-nft-technology","tag-soul-bound-token","tag-tech","tag-technology","tag-token-technology"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/243898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=243898"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/243898\/revisions"}],"predecessor-version":[{"id":243899,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/243898\/revisions\/243899"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/240853"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=243898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=243898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=243898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}