Post
Topic
Board Altcoin Discussion
Re: SOL failed to break ATH
by
zasad@
on 24/10/2021, 13:53:15 UTC
Solana (SOL) rallied 30% and almost touched the all-time high levels of $216 after breaking out above a pennant formation. SOL missed the ATH  price by just $1, according to Binance.

Solana is expected to see some consolidation around the $200 mark. Should the support at $192 fail, Solana can explore lower levels ($177) before any new attempt to break the all-time high occurs. Expect significant volatility from Solana over the short term. For now solana is at the price of 198.80$ is it the best time to invest in Solana or not?
https://cryptorank.io/ico/solana
Do you really think that after such XXX it is worth investing in this coin. Of course, if the bull market for altcoins starts, the price may rise to $ 400, but you need to have time to sell this coin.
I think this is a very risky investment if you do not plan to become a long-term holder.