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Author Topic: Is Solana still bullish now?  (Read 1409 times)
LittlePrinceCat (OP)
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September 10, 2021, 12:50:54 PM
Merited by dragonvslinux (1)
 #1

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?
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September 10, 2021, 01:14:23 PM
 #2

This would be a bad time to buy. No coin rise such sharply and keeps that pace. There were a lot of hype regarding the proect and the hype is fading. The price fall was largest among top cap coins in last 24 hours.
They could have a small bull trap but It's not going to sustain price above 175 for long. As well the solana ecosystem is not as popular as its competitors and there are not going to be sharp shift on the trend as the number of projects in solana is still lower and the adoption not rapid.

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September 10, 2021, 01:20:53 PM
 #3

SOL had an amazing run and one can not expect it to continue forever, a pull back can occur at any moment when an asset is in parabolic ascension, now is not the time to buy.

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September 10, 2021, 01:48:21 PM
 #4

What i can say is solana insane. while Bitcoin and ethereum are bearish but Solana still significantly bullish every week and the ecosystem is already very strong, I believe this is not the end of Solana's price, im surely Solana price will reach $200 USD

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September 10, 2021, 02:01:28 PM
 #5

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?
I dont think we are approaching bear market yet. These pullbacks are for sure heavy corrections only based on pumped that btc and some alts did. Anyway Im still bullish about the trend of altcoins. But for sure solana are just relaxing quite a bit and some major correction. There are still plenty of chance to buy in when a dip come to those major alts.

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zulfi125
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September 10, 2021, 02:01:56 PM
 #6

Solana is best for future investment, all crypto market is down now and Solana is also down due to little correction, I hope in coming days Solana will more grow and the bullish trend is not over now.

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September 10, 2021, 02:17:58 PM
 #7

It would be foolish to invest in a currency that has gone up so much for no logical reason other than that its price has gone up and may continue to rise.
The perfect moments were when the price was around $40 and the profits were tripled.
Currently, it is best to double your money, but the possibility of this happening is weaker than the possibility of a correction, especially since no correction has occurred for a while.

You can make some high-risk short-term profits if you use stop orders, but are these profits worth all the risk?

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Jackl87
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September 10, 2021, 02:23:11 PM
 #8

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?

If the only reason why you would want to buy solana now is the fact that i pumped hard in the last few days than this is probably the worst reason you can have for investing into a project, because that is the pure FOMO and that is never a good motive to invest into something. I think it should be the other way around. Sadly i don't own any Solana myself and that is bugging me, but i would never invest into Sol now, because early investors already made around 300x and i don't think that there is enough room left to do even another x10 from here. I still think though that Solana is a great project and will be around for the years to come, it's just that the big pump has already happened.
koang
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September 10, 2021, 02:25:08 PM
 #9

All of these are normal corrections, and there will be a rebound. Solana could go up again
Solana is on all major cryptocurrency news outlets, Also Bloomberg
Just wait till the correction period is over, and Solana will go to Bullrun again. IMO
But this is crypto land so never trust anybody that sure about what he says, learn everything about trading before you put the big monies in. DYOR

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September 10, 2021, 02:26:05 PM
 #10

I'm sure it's not over yet. because there are several more projects that continue to be launched in the ecosystem. and every sale will surely make great attention. of course this will make the price of SOL also increase again. the situation will improve again.

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September 10, 2021, 02:40:08 PM
 #11

for now solana has experienced a very high increase, and has formed a new peak, for me personally I have to be careful to make purchases at this time, because in my opinion there could be a big correction at any time, before continuing the bullish trend. therefore I will only look for a good correction area to buy it, but it is possible if the bitcoin trend is good, it will affect the development of solana

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September 10, 2021, 02:46:04 PM
 #12

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?


I'm sure SOL will definitely pump again some time in the future. I think it's too late to invest in SOL now because the price of SOL is already high. I'm sure SOL will definitely pump again some time in the future. even now SOL is already in Rank 6 Coinmarketcap, beating Dogecoin.

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September 10, 2021, 02:47:37 PM
 #13

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?
yhup the bullish is already ended, and many investors right now were dumping for their safety because for sure there will be a massive crush soon as the graph looks weak as of today, indeed there's already a big changes wherein just imagine from the all time high value and now the price is currently holding $168 through trading view. It's very dangerous to ride in at this point mate, think about it..

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September 10, 2021, 02:53:36 PM
 #14

It is still bullish these days even though the rest of the market is in pain. Moreover, Solana price reached $215 yesterday and it is the all-time-high level now. Now, it has had a price correction and the new price is $170. But it is still giving green light to the future. However, I will be waiting for a big price correction before making an investment into it. I think like the price can reach at least $1k in the next bull run. I wouldn't like to miss this huge opportunity honestly.

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September 10, 2021, 02:58:47 PM
 #15

Ah did not know about this coin. I saw it in binance but don't know this was pumped a hard. Even it was last of 2020 around 1$ and now it’s  trading below $200. How amazing the rise was. I missed it.

Btw I am not sure actually  what will happen next with this coin. But what U have seen the weekly chart is still looking good and maybe make an another week green candle in USDT pair.

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kanayaTabitha
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September 10, 2021, 03:05:07 PM
 #16

This coin is still new and have a lot of potential, the solana platform is really similiar to ETH platform so it probably will become ETH competitor in the future.
One of my regret decision not holding this coin when it still cheap, already created the wallet before but was choosing BNB instead of this.
Great journey for SOL, i'm sure the price is more than current price and still worth to buy if we're planning to hold for a long time
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September 10, 2021, 03:45:50 PM
 #17

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?
I think it will go up more. Dumb money is just starting to get into SOL so we can expect even bigger rise in next weeks. I didn't do TA for SOL but I'm sure there is the price that most long term holders are looking to sell and people need to be careful of that.

It means that it will reach 210 again? Or higher?
I think this is very reasonable, I think because apart from now the trend is not good as a result of the correction that occurred to btc, sol has also increased significantly some time ago and I think it's very unnatural so it's clear they went down for a while. and besides that, nothing continues to go up forever and as for sure it goes up, it definitely needs a process first, at least to jump him to the next stage.
I suggest you now just do your research and focus so you don't get a loss

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September 10, 2021, 04:11:17 PM
 #18

Solana is in the period of the highest peak of the Parabolic and shows signs of negative divergence on RSI.  Confirmed bearish sign, Solana price could rise further but not the time to buy.  To buy in a safe zone, you need to wait for the correction to happen and buy at the Fibonacci price zones.

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September 10, 2021, 04:21:33 PM
 #19

Solana is best for future investment, all crypto market is down now and Solana is also down due to little correction, I hope in coming days Solana will more grow and the bullish trend is not over now.
We can't judge the future just because we are seeing coins/token up when other are down, sometimes it just happens for a short time. Of course we are currently on good positions to see Solana on bullish, but we need to remember no one coins always going up, sometimes when corrections day come, that coins hard to back to their ATH.

HOLD...
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September 10, 2021, 04:38:13 PM
 #20

Already huge hyped. I was surprised to see the pumping when BTC and majority alts were dropping significantly few days ago. It's a pure manipulation and I believe the dump will be huge. Better stay away from it. It’s already huge overvalued in my opinion.

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