Solana Shows Bullish Reversal Signal, Analyst Predicts Bounce
- Solana (SOL) has lost about 64% of its value from its all-time high of $293.
- Pseudonymous analyst Bluntz suggests SOL is showing a bullish divergence on the daily chart.
- The analyst believes Solana may significantly bounce back but does not consider this the market bottom.
- Bluntz anticipates Solana will outperform Bitcoin (BTC) when the market improves.
- The SOL/BTC pair is valued at 0.00139 BTC, approximately $105.
Analyst Bluntz sees potential for a significant bounce in Solana’s value, noting a bullish divergence and completed ABC correction on its charts.
Source (2.6)https://dailyhodl.com/2025/04/09/sizeable-bounces-coming-for-ethereum-rival-solana-as-sol-flashes-bullish-reversal-signal-according-to-analyst/?rand=59076
