Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Ethereum sees $ 205 million inflow after Pectra Upgrade Sparks Investor Confidence

2025-05-20

Milei closes Libra Task Force and investigates ties with its administration

2025-05-20

Ethereum: What you need to know about the 10-year low exchange stock of ETH

2025-05-20
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    BSCS Backs Backs AI-conducted shopping assistant in collaboration with Pulsebot AI

    2025-05-20

    Basic, BNB chain, Ethereum and others

    2025-05-20

    What are tokenized real-world assets? Put physical value on the chain with RWAS

    2025-05-20

    Basic kit transactions rise as DEX volume approaches $ 400 billion milestone

    2025-05-20

    Taiko Alethia launches the most expected Pacaya Hardfork -upgrade on MAINNET

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Milei closes Libra Task Force and investigates ties with its administration

    2025-05-20

    Ethereum -price flashes bullish signal, but can it flow through obstacles?

    2025-05-20

    XRP Price Eyes Winins, but technically suggests that upsides can be limited

    2025-05-20

    Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

    2025-05-20

    Solana (SOL) keeps land in tight reach – Traders looking at Directional Cue

    2025-05-20
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Analysis»Analyst Turns Long-Term Bullish on One Ethereum Rival, Says Altcoin Performing ‘Super Well’ in Next Bull Run
Analysis

Analyst Turns Long-Term Bullish on One Ethereum Rival, Says Altcoin Performing ‘Super Well’ in Next Bull Run

2023-07-24No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A trader who called the end of Bitcoin’s (BTC) bull market in 2021 believes one challenger to Ethereum (ETH) is a solid candidate to hold for the long haul.

Pseudonymous analyst Pentoshi tells his 700,700 Twitter followers that Solana (SOL) is looking good on the high timeframes after clearing bear market resistance.

In the short term, however, the analyst says Solana may pull back to retest its previous resistance and turn it into support after rallying more than 150% in less than two months.

“Overall, the chart looks very constructive on high time frames.

But I did want to see it hold these previous range highs. For now, (it) may be an anomaly. As we begin to close in, I’m looking at $22.30 next.

Bullish on cult-like communities for the next bull run.

Image
Source: Pentoshi/Twitter

Pentoshi too say that while he doesn’t believe SOL will replicate Ethereum’s meteoric rise during the 2021 bull market, he thinks Solana can still generate decent profits for long-term holders.

“I don’t know if it will make new all-time highs next bull cycle or if I believe in the ETH fractal.

I lean towards no. You can take a screenshot of this and laugh at me. It doesn’t mean it won’t do super well when people get back into the market. Believe it is one of the easier bets.

At the time of writing, SOL is trading at $24.74.

Looking at the Solana/Bitcoin (SOL/BTC) ratio, the crypto trader says the pair needs to break above its recent high of 0.00119 BTC ($35.59) to print a bullish market structure.

See also  Ethereum Price Trend Overwhelmingly Negative As Bears Aim $1,500

“I don’t think it looks that bad (high time frames). But no higher high+ higher low.”

Image
Source: Pentoshi/Twitter

At the time of writing, the SOL/BTC pair is trading for 0.0008252 BTC ($24.68).

Don’t Miss Out – Subscribe to receive email alerts delivered straight to your inbox

Check price action

follow us on Twitter, Facebook And Telegram

Surf the Daily Hodl mix

Image generated: Midway through the journey
Featured image: Shutterstock/Sensvector



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Milei closes Libra Task Force and investigates ties with its administration

2025-05-20

Ethereum -price flashes bullish signal, but can it flow through obstacles?

2025-05-20

XRP Price Eyes Winins, but technically suggests that upsides can be limited

2025-05-20

Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

2025-05-20
Add A Comment
Leave A Reply Cancel Reply

Top Posts

DAO Labs and Telos Launch Telos Hub for Social Mining Growth

2024-01-18

Bitcoin long-term metrics reverse – ‘explosive phase’ seen

2023-11-03

Advancing distributed ledger technology with Quantum

2024-05-02
Editors Picks

SEC accuses NovaTech founders and promoters of $650 million crypto fraud

2024-08-12

Helius Labs CEO predicts that Solana will be an active one of a trillion dollar in 5 years

2025-02-11

2x your money in a weekend? Of course why not…

2024-03-04

XRP, Polygon See Monthly High Volumes As Investors Show FOMO

2023-10-05
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Ethereum sees $ 205 million inflow after Pectra Upgrade Sparks Investor Confidence

Milei closes Libra Task Force and investigates ties with its administration

Ethereum: What you need to know about the 10-year low exchange stock of ETH

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$106,415.861.19%
  • ethereumEthereum(ETH)$2,502.80-0.30%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.35-1.07%
  • binancecoinBNB(BNB)$649.060.10%
  • solanaSolana(SOL)$167.651.19%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2252710.77%
  • cardanoCardano(ADA)$0.740.35%
  • tronTRON(TRX)$0.2691981.37%
  • suiSui(SUI)$3.892.17%
  • chainlinkChainlink(LINK)$15.65-0.36%
  • avalanche-2Avalanche(AVAX)$22.622.34%
  • stellarStellar(XLM)$0.2869270.97%
  • hyperliquidHyperliquid(HYPE)$25.87-1.72%
  • shiba-inuShiba Inu(SHIB)$0.0000150.38%
  • hedera-hashgraphHedera(HBAR)$0.1944351.67%
  • unus-sed-leoUNUS SED LEO(LEO)$8.730.52%
  • bitcoin-cashBitcoin Cash(BCH)$392.640.43%
  • the-open-networkToncoin(TON)$3.072.08%
  • polkadotPolkadot(DOT)$4.682.30%
  • litecoinLitecoin(LTC)$94.12-4.72%
  • moneroMonero(XMR)$350.141.82%
  • bitget-tokenBitget Token(BGB)$5.15-0.70%
  • pepePepe(PEPE)$0.000013-0.96%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.751.98%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • aaveAave(AAVE)$258.817.76%
  • uniswapUniswap(UNI)$5.950.32%
  • bittensorBittensor(TAO)$413.781.96%
  • nearNEAR Protocol(NEAR)$2.812.48%
  • aptosAptos(APT)$5.13-0.19%
  • okbOKB(OKB)$52.01-0.39%
  • ondo-financeOndo(ONDO)$0.942.31%
  • kaspaKaspa(KAS)$0.1091702.69%
  • internet-computerInternet Computer(ICP)$5.271.80%
  • ethereum-classicEthereum Classic(ETC)$18.390.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.676.84%
  • gatechain-tokenGateToken(GT)$21.410.05%
  • crypto-com-chainCronos(CRO)$0.0964390.79%
  • mantleMantle(MNT)$0.753.01%
  • vechainVeChain(VET)$0.0284222.07%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2319670.25%
  • render-tokenRender(RENDER)$4.631.98%
  • ethenaEthena(ENA)$0.3805735.45%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • algorandAlgorand(ALGO)$0.2235111.31%
  • arbitrumArbitrum(ARB)$0.3940761.47%
  • filecoinFilecoin(FIL)$2.860.25%
  • bitcoinBitcoin(BTC)$106,415.861.19%
  • ethereumEthereum(ETH)$2,502.80-0.30%
  • tetherTether USDt(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.35-1.07%
  • binancecoinBNB(BNB)$649.060.10%
  • solanaSolana(SOL)$167.651.19%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • dogecoinDogecoin(DOGE)$0.2252710.77%
  • cardanoCardano(ADA)$0.740.35%
  • tronTRON(TRX)$0.2691981.37%
  • suiSui(SUI)$3.892.17%
  • chainlinkChainlink(LINK)$15.65-0.36%
  • avalanche-2Avalanche(AVAX)$22.622.34%
  • stellarStellar(XLM)$0.2869270.97%
  • hyperliquidHyperliquid(HYPE)$25.87-1.72%
  • shiba-inuShiba Inu(SHIB)$0.0000150.38%
  • hedera-hashgraphHedera(HBAR)$0.1944351.67%
  • unus-sed-leoUNUS SED LEO(LEO)$8.730.52%
  • bitcoin-cashBitcoin Cash(BCH)$392.640.43%
  • the-open-networkToncoin(TON)$3.072.08%
  • polkadotPolkadot(DOT)$4.682.30%
  • litecoinLitecoin(LTC)$94.12-4.72%
  • moneroMonero(XMR)$350.141.82%
  • bitget-tokenBitget Token(BGB)$5.15-0.70%
  • pepePepe(PEPE)$0.000013-0.96%
  • daiDai(DAI)$1.00-0.01%
  • piPi(PI)$0.751.98%
  • ethena-usdeEthena USDe(USDE)$1.000.02%
  • aaveAave(AAVE)$258.817.76%
  • uniswapUniswap(UNI)$5.950.32%
  • bittensorBittensor(TAO)$413.781.96%
  • nearNEAR Protocol(NEAR)$2.812.48%
  • aptosAptos(APT)$5.13-0.19%
  • okbOKB(OKB)$52.01-0.39%
  • ondo-financeOndo(ONDO)$0.942.31%
  • kaspaKaspa(KAS)$0.1091702.69%
  • internet-computerInternet Computer(ICP)$5.271.80%
  • ethereum-classicEthereum Classic(ETC)$18.390.01%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.676.84%
  • gatechain-tokenGateToken(GT)$21.410.05%
  • crypto-com-chainCronos(CRO)$0.0964390.79%
  • mantleMantle(MNT)$0.753.01%
  • vechainVeChain(VET)$0.0284222.07%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2319670.25%
  • render-tokenRender(RENDER)$4.631.98%
  • ethenaEthena(ENA)$0.3805735.45%
  • usd1World Liberty Financial USD(USD1)$1.00-0.05%
  • algorandAlgorand(ALGO)$0.2235111.31%
  • arbitrumArbitrum(ARB)$0.3940761.47%
  • filecoinFilecoin(FIL)$2.860.25%