He predicts that if the cryptocurrency breaks above $190, it could be poised for an explosive rally to the upside soon. Analysts Double Down On Solana’s $1,000 Bull Rally Sharing similar bullish projections with Kaleo, a crypto analyst recognised as Crypto Curb’ on X has revealed new price targets for Solana.
Kaleo observes that the Solana’s price chart was currently replicating a pattern previously seen in Ethereum in late 2020. Related Reading: Bitcoin Risks Further Decline As Bearish Death Cross Returns Comparing Solana’s market movement with that of Ethereum at the time, the analyst disclosed that SOL may be following a similar growth trajectory to Ethereum’s past performance in the last cycle.
According to Curb’s post, Solana is set to experience a steady price increase before reaching a new high at $1,000. Related Reading: XRP Price Prediction: Analyst Says God Candle Will Send Price To $57 Sharing a price chart of Solana’s movement from 2021 to 2024, the analyst disclosed that SOL has been consolidating between the $120 to $210 mark for the past 170 days.
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