Analytics

Solana Price Prediction as Triangle Breakout Puts $SOL on Path to $240 Target

30.03.2024

Solana Price Prediction: Amid the Bitcoin consolidation around $70000, the crypto market witnessed heightened volatility shifting the price trajectory of major altcoins sideways. The Solana coin not immune from this uncertainty showcases a lateral movement reasoning within two converging trendlines. The 4-hour chart reveals this movement as pennant pattern formation- a common structure that buyers use to recuperate the exhausted bullish momentum.

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30.03.2024
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