Lokesh Gupta
13-02-2024
Solana price has surpassed the $100 mark, indicating a reversal in rounding.
#Solana demonstrates bullish momentum, climbing above $110.
There's a surge in $SOL price, potentially leading bulls to target the $120 level.
Following the breach of the inverted head and shoulders pattern neckline, a significant rally occurred as the price surpassed the $110 hurdle.
If Bulls propel #Solana above the $117 resistance level, potentially targeting $125 and $135 resistance levels in the near future.
Conversely, if bears take control, $SOL may find support at $108, with a further decline possibly testing the $100 support level by the end of the month.
According to Coingabbar's analysis, Solana price prediction 2030 maintains at $500, while Solana price prediction 2040 is predicted to reach near $1000.
KEY LEVELS :
RESISTANCE LEVEL : $120-$127
SUPPORT LEVEL : $110-$105
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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