Macro Uptrend in Sight for Solana (SOL) and One Leading Memecoin, According to Analyst – Here’s His Forecast
Solana (SOL) could be on the verge of a macro up trend , according to one popular crypto analyst. The pseudonymous trader known as Rekt Capital tells his 483,100 followers on the social media platform X that the Ethereum (ETH) competitor has performed a “green circled weekly candle close.” “Successful retest of the red area as new support could enable trend continuation to the upside over time.” Source: Rekt Capital SOL is trading at $172.20 at time of writing. The 5th-ranked crypto asset by market cap is down more than 3% in the past 24 hours but up more than 6% in the last week. Rekt also says the top meme asset Dogecoin (DOGE) broke its macro down trend “months ago.” “And since then, DOGE has been successfully retesting the Macro Down trend as new support. Successful retest here would fully confirm the end of the Macro Down trend and the beginning of a new Macro Up trend .” Source: Rekt Capital DOGE is t...