*Solana Price Prediction: Will SOL Price Hit $200 This Q4* ?
*SOL Coin Price Records Breakout Rally!*
With a surge of 8.54% in 24 hours and a trading volume of $3.283 billion, this altcoin has successfully reclaimed the $150 mark.
Moreover, it broke out of the resistance trendline of the symmetric triangle pattern in the 1D
Furthermore, it has jumped 6.28% during the past week and has recorded a return of ~49% this year alone. Notably, with the recent price pump it has surpassed the market cap of $70 billion, making it the 5th most valuable cryptocurrency in the market.
*Solana Technical Sentiments:* â
Further, the MACD indicator has displayed a constant rise in the green histogram with its averages recording a similar price trend.
This highlights that the Solana price will continue gaining value in the coming time.
*Will SOL Price Ever Recover?*
If the market continues gaining momentum, the Solana crypto price will test its resistance level of $155.
Further, if the bullish sentiment intensifies, this could result in it heading toward its upper high of $181 this month.
Moreover, with the market regaining momentum and a highly anticipated Uptober, the SOL coin price could make a run toward its target price of $200.
On the flip side, a trend reversal could pull the price of Solana crypto toward its crucial support level of $127 during the upcoming weeks.
