Altcoin Buzz: Solana is a Gem, Don’t Sleep on it
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- Solana is gearing up for a breakout, said a prominent analyst.
- The digital currency is up 2% in the past 24 hours, trading at $144.35.
- The RSI is bearish and the sellers are overall in charge of the current price action.
SOL, the native token of the Solana blockchain, is on the verge of a breakout and the investors in the digital asset should gear up for higher prices in the short term. As pointed out by crypto analyst Altcoin Buzz on social media platform X (previously known as Twitter), a lot of crypto investors are “sleeping” on the “gem” that is SOL.
As per the analyst, once the SOL token makes through the current bearish condition in the crypto market, it will skyrocket and break into an uptrend. The altcoin’s momentum has been severely affected by the recent crashing of leading cryptocurrencies Bitcoin (BTC) and Ether (ETH).
According to the data from CoinMarketCap, …
The post Altcoin Buzz: Solana is a Gem, Don’t Sleep on it appeared first on Coin Edition.
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