馃毃馃毃馃毃 Expect 100% gains SOL馃毃馃毃馃毃
The price rally of Solana (SOL) is unstoppable in 2024.
馃憠 A rival of Ethereum Layer-1 With the price of SOL rising by an extra 7.26% to $120, Solana is clearly on the rise. By doing this, Solana has increased its weekly profits by an incredible 60% and its gains in December by a solid 100%.
Can the Price Rally Continue for Solana (SOL)?
Investors have been waiting for a fall and a chance to accumulate following this inexorable price rise.
The Solana 2024 estimate highlights $143 as a key resistance level. Traders should be prepared for sell-offs, especially in the vicinity of price resistance areas. On the down side, Solana will have a greater opportunity to purchase at $100.
With the introduction of Bitcoin ETFs, the cryptocurrency market may be more attractive in 2024. Additionally, this could cause new institutional funds to enter the market. A reasonable estimate of $250 for the Solana price by the end of 2024 is depicted in the chart below.
