SOL failed to break ATH

[Dr.Osh]

I think, under $200 is the best price to get involved with Solana. however, for now, it looks like the price of solana will pass its ATH. at CMC, the ATH of SOL is $214.96 and reached last september. considering the current conditions that we can see that the price of bitcoin is starting to rise, and reaching its ATH as well, I think altcoins like SOL will also pump up sooner or later. So, I think there's still a chance to have SOL at this point, but the risk is still much bigger than having SOL when it's under $200.

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[leea-1334]

I think, under $200 is the best price to get involved with Solana. however, for now, it looks like the price of solana will pass its ATH. at CMC, the ATH of SOL is $214.96 and reached last september. considering the current conditions that we can see that the price of bitcoin is starting to rise, and reaching its ATH as well, I think altcoins like SOL will also pump up sooner or later. So, I think there's still a chance to have SOL at this point, but the risk is still much bigger than having SOL when it's under $200.

Everything still relies on Bitcoin first,,, and I think no one has changed their mind about a new ATH close to or even above 100,000, despite the challenges now to overcome $60k

Now when that happens a LOT of people are going to sell BTC for altcoins including stuff like SOL.

Not myself a big fan but cannot ignore the hype is helping it go even higher,,,

[ZAINmalik75]

Its right that solana missed it's AllTimeHigh but its OK don't worry soon it will hit this all TimeHigh and will.be make his new ALLTIMEHIGH around 500$.
Because many new project start to launch his project on Solana Blockchain and many of the launch their test net on solana Blockchain already. The solana nft marketplace has to began many project launch their nft on solana marketplace which is the positive sign of solana bullish. So keep eye on solana and don't miss a chance to buy in dip

[Ararbermas]

Well yeah, I've been watching SOL to break the current all time high because for sure it will gonna skyrocketed but the results is all negative.. But I'm still lucky that i saw NEAR and Shib that showing the same pattern and tends to break out as well that time during SOL false break out, and yes the results is good so far. Probably if i just rely to SOL i missed those opportunities to buy early ASAP to have a good profits.   so i can say that using 4 chart is a very useful technique for every traders.

[Fesatmas]

Although SOL did not reach the highest limit, at least the popularity of DOL was really taken into account by big investors. For this year alone, the project they launched managed to grab the crypto market so that it shot up in the rankings. This year was enough for SOL to prove its performance as one of the new emerging cryptos but could easily outpace the growth of other cryptos in the market.

[ziyaaa]

Solana achieved a new all-time-high level one day ago. It reached $218. Solana has a big potential in itself for sure and we just need to be patient to witness it. It actually showed it to us already by rising at a huge rate in only one year from a level below $1 to the current one. And I believe that it has already proven how promising the project is also.

[kopijos]

Soles still have a long way to go, don't hesitate to invest in soles. the altcoin market is not yet on sol's side, I see that currently Solana still has good development and can penetrate ATH but it will take a long time. so the position of the sole is still safe for now even though it failed to penetrate ATH

[dogtana]

Maybe the network shutting down stopped trust in this coin.

[yohananaomi]

Soles still have a long way to go, don't hesitate to invest in soles. the altcoin market is not yet on sol's side, I see that currently Solana still has good development and can penetrate ATH but it will take a long time. so the position of the sole is still safe for now even though it failed to penetrate ATH

I'm just as sure as you say that sol is still just pending achieving renewable ATH, and will continue to work towards achieving it.
if we look at the chart on CG it is clear that the sol in October is better than the increase from bitcoin, this clearly indicates that there is a direction to the positive.

if bitcoin will increase again after the current correction, then it is certain that the sol will be able to reach towards renewable ATH. it is only a matter of time that soles will be able to do that and they will always remain a very attractive investment.

[suryogandul]

i think for this year the moon is only for bitcoin only and it looks like altcoins are hard to go to the moon, i'm not saying SOL is bad, i also have a few but it seems hard to go through another new ATH price seeing currently bitcoin is dominating the market

only certain altcoins can actually follow bitcoin's path of finding ATH.  out of thousands of coins in the crypto market i think solana is not a flop and solana looks like he will get ATH next time.  I'm still optimistic about Solana who has great potential in crypto

[adamantasaurus]

I think most alt coins will be breaking all time highs in the next run up which will likely happen next few weeks. IMO this is just a cool down from the run up we had I think btc will go higher for sure this is good though it is healthy resistance and not just a straight shot to the moon like when we broke 20k earlier in the run it just rocketed right to 30k pretty much almost 0 resistance. Patience and smart investing during these dips will win in this bullrun

[molsewid]

I'm just as sure as you say that sol is still just pending achieving renewable ATH, and will continue to work towards achieving it.
if we look at the chart on CG it is clear that the sol in October is better than the increase from bitcoin, this clearly indicates that there is a direction to the positive.

if bitcoin will increase again after the current correction, then it is certain that the sol will be able to reach towards renewable ATH. it is only a matter of time that soles will be able to do that and they will always remain a very attractive investment.

For me SOL didn't fail to break it's recent ATH because this altcoin is just on it's way to attain it. If we were going to look at the market movement of SOL today, the movement indicates a healthy correction for the token and it only takes a day for this token for a rapid correction and now it is pumping again. I regret my decision to withdraw my investment in SOL after I get a good profit out of my investment last time believing that SOL will only sit at the highest of $205 that time. Now, it is still good to invest in SOL.

[Rehan Zakir]

Don't worry my friend . Solana is a very strong project it will make their new ATH is the next alt coin season. And there is a prediction that Solana coin will hit 500$ in 2021. So, I am still waiting for a pump from Solana. Hold it for long term it will give you massive profit. Don't sell Solana coins at cheap price. Hold it until it hit 500$ or even 1000$

[dragonvslinux]

This is because SOL/BTC is still going down since September's high, after confirming it's third lower low it has now confirmed it's third lower high along with declining volume.



Price is not only at the accumulation/distribution level (VPVR point of control) but also struggling at the 0.618 retracement level since it's July lows, so likely to make a decisive move either up or down very soon. The truth is everything looks great against USD, EUR, as well as dogpoo. But compared to the price of Bitcoin that remains the main trading pair, it's clear why Solana failed to maintain it's ATH price, because it's in a short-term downtrend that could easily continue and traders are continuing to take profits. There isn't much volume support until the 200 Day MA / 0.236 retracement level either, which is a long way down.

If Bitcoin's dominance continues to rise after the consolidation in previous months, then it's BTC price could easily drop in half, while at the same time maintaining it's USD value. Food for thought I hope.

[michellee]

My suggestion is not to buy SOL now because the price now is at $197, which is almost $200 so that is too risky if you decide like that. Maybe you can invest in SOL in the next big bear trend because the bull trend can come up again. But if you still insist on investing in SOL because you think that the bull run can come to SOL, you are free to do that because that is your money but you should know the consequences as the market is still unpredictable. Maybe after this, the altcoin season will come and make SOL price can increase and make a new ATH. But we do not know for sure so it is better to search for the other coins that can increase.

[lenovop-70]

It's better to wait for the bear trend to enter SOL because I think SOL has reached its peak for a while, the correction is certain and will create new ATH in the future, that's what I think. But if you have a strong reason to keep buying SOL, of course I don't prevent you from buying it before it's too late, it's all about personal data and beliefs, so there's nothing wrong.

[GreatArkansas]

I think this thread/first post of OP is invalidated since a few days ago we saw how Solana broke the previous all-time high.

I am also worried about Solana especially the recent issue of Solana being down or offline for around 17 hours, and that was the time Solana went down at around $150.
But look at now, recently updated the all-time-high.
I am still looking forward to Solana upward even a lot of competitor is popping, but I believe Solana is different and unique.

[ivankoh]

Sol has had a quick development and bend of its ATh pegs.  The figures show it has increased by more than 500% since July 28.  This number may be more surprising to come.  I think Sol is uniquely positioned for investment, a solid long-term path to expansion with better profit potential. I think the ATH near $220 won't be the last for Sol this year.  Be patient and to keep eyes on it.

[mexite]

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.

[TomArayaSlaya]

If you look up to small gains then maybe check sol But my advice will be to lookup the ecosystem and find out whats worth investing into Not just ape into sol I mean imagine aping into star atlus as the first set of investors That will move is what make ecosystem sexy But sol on its own is just small gain since mkcap right now is way in the billions