Solana PRICE regains today, reaching its highest point since Tuesday. This recovery coincided with a market encryption rally, with bitcoin rising over $ 105,000. Sol is also strengthened by popular encryption analysts, where one is expected to reach $ 700 in this bull run.
Solana’s recovery also occurred a day after the Federal Reserve left interest rates unchanged in his first meeting this year. This resolution may help and most Altcoins decline because most of them have decreased by more than 50 % of the highest point in November.
Analyst says that Solana Price is gathering to $ 600-700 dollars starting here
In the X, Owen, a famous encryption analyst, Propagate The price of Solana PRICE was a strong bullish step that would pay it to between $ 600 and $ 700. He referred to a three -day scheme for the Sol/BTC husband, which was a similar triangular style approaching his meeting.
As such, Sol/BTC’s husband is expected to have a strong upward slide and move to 0.00400. The same penetration will occur in terms of dollar and the Solana price to 700 dollars, an increase of 200 % of the current level.
Meanwhile, Trader XO, another famous analyst with more than 500,000 followers, indicated that this is the first time that Solana was interested in a while ago. It is expected that the currency will bounce from the current $ 240 and move near $ 300. As shown below, he referred to the daily chart, which made a break and re -test by declining to $ 222.9 (January 6). He believes that the currency has been bothered and that it will wear.
Trump surveillance sales can be purchased using Solana Tokeen Trump
Meanwhile, Solana Price will benefit from the increasing ecosystem. The network had recently launched the main symbol Trump officialAnd Melania and Karma. according to BloombergUsers will now be able to use Trump Meme to buy watches and perfumes. This step will create a benefit for Meme and Solana’s ecosystem.
Solana’s ecosystem also sees more benefit. For example, Tokenerminal Data shows that JITO has made money in the fees more than the famous players in the encryption industry such as ETHEREUM and Tron. This is important because Jito is the largest liquid network on Solana. Other networks such as Raydium and Jupiter also acquire market share.
The main Sol levels to watch
Solana Price is preparing for more gains in the coming days. It forms the handle section of a small cup and the handle style, which is a common thunderbolt mark. Sol also remained higher than the moving average for 100 days.
So, the first Sol value Watch will have $ 263.90, the upper side of the cup. The step above this level will indicate more gains to the highest level from a year to $ 295. This intersection will indicate more gains, with the next level to watch $ 500, followed by $ 700 as the first analysts expect.
Climb Sol price expectations It will become invalid if the price decreases to less than the lower shoulder section at $ 222.
Related questions (common questions)
Yes. Solana has a long record of doing a good job because it jumped from less than 10 dollars a few years ago to 240 dollars. This is a sign that it has more space to go.
Some of the best Sol prices are their growing ecosystem, strong technologies, and next Sol ETF launch.
There are opportunities for the Securities and Stock Exchange Committee to agree on Solana ETF this year under the leadership of Paul Atkins.
Crespos
CRISPUS is an experienced financial analyst in CoingApe with over 12 years of experience. It focuses on Bitcoin and other altcoins, which covers the intersection of news and analysis. His visions were shown on famous platforms such as banklestimes, Coinjournal, Hypeindex, Seekingalpha, Forbes, Investingcube, Investing.com and MoneytransFers.com.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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