Solana with ticker SOLUSD is one of the strongest cryptocurrencies in the last year, ideally unfolding a five-wave bullish cycle. Despite recent slow down in the Crypto market, it can be just finishing a nice flat correction in wave 4 at the channel resistance lines and with the same length as wave 2. So, still watch out for a bullish resumption within 5th wave that can push the price towards all-time highs.
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On the date of publication, Gregor Horvat did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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