$SOL Can Solana Price Break Above $200?
With a cup and handle pattern breakout, the SOL price presents a remarkable bullish trend. As the altcoin completes a successful retest of $100, the buyers lift off the prices to new heights, a new 52-week high.
Currently, the SOL price trades at $135 with an intraday gain of 7.41% and teases the third and final installment of the triple white soldier pattern. Further, in the last seven days, the altcoin price has increased by 35%, reflecting a significant reversal.
With Solana finding shillers like SBF who believe in the ecosystem from within the jail, the overall sentiment is extremely bullish. Hence, the possibility of SOL price crossing the $200 mark is imminent
Will SOL Price Surge 100% In 30 days?
With the bullish trend reversal crossing the 50% trend-based Fibonacci level, the SOL price is finding immense buying pressure. Further, the market-wide recovery propels the altcoin for a new run, potentially surpassing the $150.
On an optimistic note, the rising demand and the growing volume with the ongoing breakout sets the stage for a longer run. Solana can reach the $200 mark or 1.618 Fib level at $244 in such a case.
