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?
Don't rush mate because SOL has just starting to make way for another ATH and not meeting this recently means it will stop there .
i have observed other altcoins who has the same activities recently not only SOL so just keep your coins if you are a Hodler because your time will come sooner.
SOL is one of the crypto revelations of 2021. The project really performed well due to its cheap gas fee, fast transaction, and support of ecosystem projects. I see the coin breaking its ATH in the next bull run and setting another all time high. I hope the dev team is able to prevent future reoccurrence of network clog that has warranted network shutdown twice in the past.
SOL is very promising and seemingly will break many ciuns in the future .