Next $SOL target $237

Just like in the case for $BTC, the $SOL price has burst out of the top of its bull flag and is heading higher, despite some major volatility that has the price spiking in both directions. The next target for $SOL is likely to be the 1.272 Fibonacci at $237, which is only another $20 to the upside from its current price of $217.Strong upside price momentum likely to push $SOL to all-time high soon

Zooming right out into the 2-week chart, things are looking very positive for the $SOL price. There is slight resistance at the current price level, but with the momentum from the explosive exit from the bull flag, this should be surpassed relatively easily.

Heavy upside momentum is also being signalled in the 2-week Stochastic RSI. Both indicators are angled strongly upward, and there is probably quite a few weeks before they reach a top. It might be expected that $SOL surpasses its all-time high soon.

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