Solana (SOL) Price Prediction: Cup & Handle Pattern Points to Massive Surge
- Solana’s Cup & Handle pattern suggests a possible parabolic move to $370.
- The Ethena community proposes integrating Solana into its USDe backing strategy.
- SOL holds $2 billion in open interest across major exchanges.
Solana’s native token, SOL, appears poised for a significant price jump, with a potential target of $370, according to a massive Cup & Handle pattern forming on the technical chart.
#Solana could go parabolic starting today! #Sol is breaking out of this MASSIVE Cup&Handle pattern with the potential target of $370
— The Moon (@TheMoonCarl) October 21, 2024pic.twitter.com/qp31pbtJvS
In the 1-day chart shared by a market analyst, the altcoin forms a bullish Cup & Handle pattern, indicating a potential parabolic surge. Breaking above the upper boundary of this pattern could trigger a significant price rally for Solana, driving SOL to a $370 price target. Market analysts believe Solana bulls may see massive gains if this bullish momentum continues.
Bitcoin’s Impact on Solana’s Price
While this prediction is optimistic for SOL, another market observer, Dan John, cautioned that the outcome hinges on broader market conditions. If Bitcoin (BTC…
The post Solana (SOL) Price Prediction: Cup & Handle Pattern Points to Massive Surge appeared first on Coin Edition.
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Solana (SOL) Price Prediction for July 17
Solana (SOL) Price Prediction: Cup & Handle Pattern Points to Massive Surge
- Solana’s Cup & Handle pattern suggests a possible parabolic move to $370.
- The Ethena community proposes integrating Solana into its USDe backing strategy.
- SOL holds $2 billion in open interest across major exchanges.
Solana’s native token, SOL, appears poised for a significant price jump, with a potential target of $370, according to a massive Cup & Handle pattern forming on the technical chart.
#Solana could go parabolic starting today! #Sol is breaking out of this MASSIVE Cup&Handle pattern with the potential target of $370
— The Moon (@TheMoonCarl) October 21, 2024
In the 1-day chart shared by a market analyst, the altcoin forms a bullish Cup & Handle pattern, indicating a potential parabolic surge. Breaking above the upper boundary of this pattern could trigger a significant price rally for Solana, driving SOL to a $370 price target. Market analysts believe Solana bulls may see massive gains if this bullish momentum continues.
Bitcoin’s Impact on Solana’s Price
While this prediction is optimistic for SOL, another market observer, Dan John, cautioned that the outcome hinges on broader market conditions. If Bitcoin (BTC…
The post Solana (SOL) Price Prediction: Cup & Handle Pattern Points to Massive Surge appeared first on Coin Edition.
Read More