{"id":3045,"date":"2024-02-10T12:01:55","date_gmt":"2024-02-10T12:01:55","guid":{"rendered":"https:\/\/solanacrypto.news\/2024\/02\/10\/crypto-ceo-says-get-ready-for-solana-to-rally-higher-again-with-new-target-2\/"},"modified":"2024-02-10T12:01:55","modified_gmt":"2024-02-10T12:01:55","slug":"crypto-ceo-says-get-ready-for-solana-to-rally-higher-again-with-new-target-2","status":"publish","type":"post","link":"https:\/\/solanacrypto.news\/2024\/02\/10\/crypto-ceo-says-get-ready-for-solana-to-rally-higher-again-with-new-target-2\/","title":{"rendered":"Crypto CEO Says Get Ready For Solana To \u2018Rally Higher Again\u2019 With New Target"},"content":{"rendered":"
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\n\t\t\tCrypto CEO Says Get Ready For Solana To \u2018Rally Higher Again\u2019 With New Target\n\t\t<\/p>\n

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\n\t\t\t\t09 Fevereiro 2024 – 04:00PM
\n\t\t\t\t
NEWSBTC\n\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n

\n

<\/p>\n

Founder and Chief Executive Officer (CEO) of Evai Crypto Ratings,
\nMatthew Dixon, has expressed optimism about the Solana future price
\noutlook, projecting a new bullish target for the
\ncryptocurrency.\u00a0 CEO Predicts Bullish Outlook For Solana In a
\nrecent post on X (formerly Twitter), Dixon shared a Solana and USD
\npair price chart originally published on TradingView, a crypto
\nanalysis platform. The crypto CEO indicated that the ongoing price
\ncorrection for Solana, identified as \u201cwave 4 (blue)\u201d on the price
\nchart, has not concluded and is expected to experience further
\ndeclines.\u00a0 Related Reading: Ethereum Staking Reaches Historic
\nMilestone As ETH Price Barrels Past $2,400 He predicted that the
\nongoing wave 4 (blue) would reach a price level similar to Solana\u2019s
\nprevious price correction, albeit to a lesser degree. The Evai CEO
\nalso anticipates that after the conclusion of the recent
\ncorrection, Solana may experience a price rally once again.
\nPreviously, Solana witnessed a major surge, nearly surpassing the
\n$125 threshold. However, the cryptocurrency lost a substantial
\nportion of its gains as the bullish hype faded, eventually settling
\nbelow the $100 price mark at some point.\u00a0 Additionally, on
\nTuesday, February 6, the Solana blockchain was temporarily halted
\ndue to an outage, resulting in no new blocks being produced for
\nover 25 minutes. This unexpected disruption significantly impacted
\nthe overall sentiment of the cryptocurrency, causing slight
\ndeclines in the price of SOL. Following this, a solution was
\ncoordinated among validators, and the network officially resumed
\noperations.\u00a0 Presenting another price chart for Solana, Dixon
\nhas projected a new upside target of $120 for the cryptocurrency.
\nThe crypto CEO has stated that despite the recent blackout, Solana
\nhas maintained both short-term and long-term positive prospects.
\nNonetheless, investors are advised to anticipate a potential
\nmid-term price correction for the cryptocurrency.\u00a0 SOL Price
\nSurges Above $100 Mark Reports from Santiment, a global market
\nintelligence platform, have also indicated a bullish outlook for
\nSolana. Earlier on Thursday, the crypto data platform disclosed on
\nX that Solana is currently dominating the altcoin market and has
\nbecome one of the few cryptocurrencies outperforming Bitcoin.\u00a0
\nRelated Reading: Bitcoin Price Jumps Above $44,000, Here Are The
\nFactors Driving It Santiment shared a price chart illustrating
\nSolana\u2019s recent price action, showcasing a robust climb over the
\npast few days. According to their data, in the last 36 hours,
\nSolana\u2019s price relative to Bitcoin has increased by over
\n4.5%.\u00a0 The cryptocurrency market intelligence platform
\ndisclosed that the outage earlier this week has instigated \u201cFear,
\nUncertainty and Doubt\u201d (FUD) amongst investors, contributing to the
\ncurrent price rebound in Solana.\u00a0 Solana rallied by almost 5%
\nin the last day, and at the time of writing, the cryptocurrency is
\ntrading at a price of $105.46, reflecting a weekly increase of
\n4.39%, according to CoinMarketCap.\u00a0 SOL price trending at $105
\n| Source: SOLUSD on Tradingview.com Featured image from Crypto
\nNews, chart from Tradingview.com<\/p>\n

\n
\n\t\t\t\t\t\tBitcoin (COIN:BTCUSD)
Gr\u00e1fico Hist\u00f3rico do Ativo
De Jan 2024 at\u00e9 Fev 2024<\/p>\n

\"Click<\/p><\/div>\n

\n\t\t\t\t\t\tBitcoin (COIN:BTCUSD)
Gr\u00e1fico Hist\u00f3rico do Ativo
De Fev 2023 at\u00e9 Fev 2024<\/p>\n

\"Click<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crypto CEO Says Get Ready For Solana To \u2018Rally Higher Again\u2019 With New Target 09 Fevereiro 2024 – 04:00PM NEWSBTC Founder and Chief Executive Officer (CEO) of Evai Crypto Ratings, Matthew Dixon, has expressed optimism about the Solana future price outlook, projecting a new bullish target for the cryptocurrency.\u00a0 CEO Predicts Bullish Outlook For Solana […]<\/p>\n","protected":false},"author":1,"featured_media":3046,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3045","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/posts\/3045"}],"collection":[{"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/comments?post=3045"}],"version-history":[{"count":0,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/posts\/3045\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/media\/3046"}],"wp:attachment":[{"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/media?parent=3045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/categories?post=3045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/solanacrypto.news\/wp-json\/wp\/v2\/tags?post=3045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}