Jelle has tweeted that Solana closely follows the playbook of Feb-March. This suggests the price will find its bottom in the near future. next leg higher.
According to Jelle’s analysis, the formation of a post-breakout higher low is considered a bullish signal. It is possible that the price found a bottom temporarily and it’s poised for further up-movement.
The analyst’s reference to the Feb-March playbook suggests that Solana’s current price action is mirroring a previous pattern observed earlier this year. Jelle has predicted that SOL will experience another surge in price due to this similarity.
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Solana Price Predictions This Week
Experts in Cryptocurrency at Changelly have also weighed in on Solana’s potential price trajectory for the current week. Their analysis suggests that the SOL minimum price could be as low as $157.57 while the SOL maximum may reach up to $180.05. Experts expect that the average value of Solana will be $168.81 in this time period.
This week, Solana could have an impressive performance based on these price predictions. SOL has also the potential to reach key resistance levels, which could attract more investor interest.
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Solana – Can he reach the $200 milestone this week?
Investors are wondering whether Solana is able to reach the $200 mark this week, given the recent formation of the post-breakout lower low as well as the bullish forecasts from experts and analysts. The cryptocurrency market has a reputation for being volatile and unpredictable. However, current sentiments and technical indicators indicate that SOL could make a significant push to this goal.
It is becoming more and more probable that if Solana can break key resistance, the rally will reach $200.
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Source: watcher.guru