Reasons Why Solana Will Soar to $840 This Year!
Sol is undoubtedly one of the winners of this cycle, with a gain of more than 1,000% in a year. In addition, multiple viral meme coins on the Solana blockchain reached a market cap of $1 billion last year, accelerating its upward momentum.
For Solana's price, crypto analysts explained that a huge cup-and-handle pattern is brewing on the chart. This pattern is important because it is historically bullish and appeared as early as 2021 when Solana price hit an all-time high of more than $250.
Given that the price has been rising over the past day, this shows that Solana price is facing buying pressure, which is good for the token in the long run. Now, if this buying pressure continues, the altcoin may soon hit a new all-time high.
"If you are still underwater and can't see the overall market trend, you will fall if you are bullish and rise if you are bearish. Pay attention to my homepage clipping and share the profit code for free every day"
Currently, the SOL price is just above $151, up 4.59% over the past day. On the weekly and monthly charts, the price is up 7.22% and 5.08%, respectively.
#山寨季何时到来? #美国大选如何影响加密产业? #sol板块 #以太坊ETF批准预期