Still people have PTSD from bear market and too many post charts with arrows down to 3 USD. WAKE UP! Just buy the coin and enjoy your pre-richness. dont fight it!
Solana has upcoming catalysts like JUP airdrop launch, DRIFT token is starting to launch soon and other projects like Kamino, Parcl and MarginFi are also in the middle of their points campaigns/token launches.
All this is a massive injection of liquidity into the ecosystem. and i only talked about legit projects, not the meme-coins. ETH is for the boomers and for the people who like the 3% APY for staking. Using the chain is too expensive and new users will onboard to SOL first.
Back to SOL: Coin took a break and used volatile swings during last weeks to shake out week investors and rotators. The RSI is coiling up to turn green on the 12H and 16H - imporant zones are pointed out in the chart. First to 100, 125 up to 140. Let's see how quickly this is achieved. We will update here accordingly. Enjoy the RIDE.
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RSI Cloud Flip achieved on 12H and 16H - BUY Signal
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After recent flush and local bottom, SOl shows incredible strength.