Solana Price Prediction: Solana Price Ready for Explosive Breakout

17-01-2024 By: Lokesh Gupta
Solana Price Prediction: Solana Price Ready for Explosive Breakout

Solana Price Prediction 2025 stands at a minimum value of $150.

  • Solana initiates a fresh increase from the $87.00 zone against the US Dollar.

  • Solana mirrors Bitcoin's bullish trend by trading above $95.

  • The potential for a strong increase in Solana depends on clearing the $105 resistance.

  • Current strength is signaled as Solana trades above the 20-50-100-200 Day Moving Average.

  • After almost a month in a descending channel pattern, Solana is on the verge of a breakout.

  • A successful break and close above the pattern could propel Solana to $108 and then $117.

  • However, failure to close may lead to retracement towards $92 and $85 levels.

  • Coingabbar's analysis suggests that Solana Price Prediction 2030 could reach a minimum of $270.

  • Coingabbar's analysis suggests that Solana Price Prediction 2040 could reach a minimum of $500.

KEY LEVELS :

RESISTANCE LEVEL : $110-$125

SUPPORT LEVEL : $92-$82

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing

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