Solana (SOL), VeChain (VET) And Polkadot (DOT) New Price Predictions
The crypto market seems to be exploding these days, and investors could not be more excited. It’s flooding great news in the crypto space, and this is showing in the prices for the digital assets. SOL, VET, DOT new crypt...
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The crypto market seems to be exploding these days, and investors could not be more excited. It’s flooding great news in the crypto space, and this is showing in the prices for the digital assets.
SOL, VET, DOT new crypto predictionsA popular crypto strategist is unveiling his targets for Solana (SOL), Polkadot (DOT) and VeChain (VET). His predictions come as he says the three altcoins are on the verge of breaking out.
Analyst Justin Bennett said that the smart contract platform Solana has broken out of its diagonal resistance. The coin was able to do this while printing a large bullish divergence on the daily chart, suggesting that bulls are beginning to gain momentum.
“Anyone bearish on SOL, look away.”
According to his chart, the resistance for SOL is $118 as long as it stays above $85.67.
The analyst is also looking at Polkadot. According to the crypto strategist, DOT is on the cusp of breaking out as it threatens to move above its immediate resistance.
“DOT ready to be sent back to $23. Close above $19.40 to confirm.”
Bennett is also keeping a close watch on VeChain. According to the crypto analyst, VET must get above a key resistance area to ignite a strong rally.
“VET breaking out intraday. Still needs to get above that 0.05 area on the daily. Above that and I think we see a 40% rally to 0.07.”
Bitcoin adoption explodeshe mass adoption of Bitcoin continues to intensify these days, and experts believe that this will also lead to a rise in the king coin’s price.
At the moment of writing this article, BTC is trading in the red and the coin is priced at $41,154.
The mass adoption of Bitcoin has been one of the most important goals that the crypto industry set and things are going on the right path these days despite the massive geopolitical crisis that we are seeing these days due to the Russia – Ukraine war.
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