✨ Solana vs Bitcoin — a quiet moment before the move?
📍 First week of August 2025
From the roaring highs of 2021,
Solana slowly faded under Bitcoin’s shadow…
Now resting around 0.0014 BTC,
breathing quietly, perhaps gathering strength:
🔸 RSI shows a bullish divergence — momentum building.
🔸 Moving averages (red & yellow) still overhead, but the gap is narrowing.
🔸 Key resistances:
▫️ 0.0020 → 38.2% Fib
▫️ 0.0025 → 50% Fib
▫️ 0.0030 → the golden 0.618 Fib.
🔮 Scenarios:
1️⃣ Break above 0.0020 → a fresh wave toward 0.0030 and beyond.
2️⃣ Rejection → a revisit to 0.0012 ~ 0.0014 BTC zone to reload.
📌 For now, the market holds its breath…
Will Solana awaken?
Or remain in Bitcoin’s shadow a little longer? 🌙
📍 First week of August 2025
From the roaring highs of 2021,
Solana slowly faded under Bitcoin’s shadow…
Now resting around 0.0014 BTC,
breathing quietly, perhaps gathering strength:
🔸 RSI shows a bullish divergence — momentum building.
🔸 Moving averages (red & yellow) still overhead, but the gap is narrowing.
🔸 Key resistances:
▫️ 0.0020 → 38.2% Fib
▫️ 0.0025 → 50% Fib
▫️ 0.0030 → the golden 0.618 Fib.
🔮 Scenarios:
1️⃣ Break above 0.0020 → a fresh wave toward 0.0030 and beyond.
2️⃣ Rejection → a revisit to 0.0012 ~ 0.0014 BTC zone to reload.
📌 For now, the market holds its breath…
Will Solana awaken?
Or remain in Bitcoin’s shadow a little longer? 🌙
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.