He adjusted his previous forecast, stating that he expects Solana to see a price increase around the $1,000 range. Titan of Crypto has also confirmed that if Solana can pull off this projected price surge, its current market capitalization of $72.7 billion could potentially double, surpassing Ethereum’s market cap, which currently stands at $315 billion. Related Reading: Crypto Analyst Predicts Giga Pump’ For XRP Price, Here’s The Target Solana Price Fundamentals Remain Strong While analysts expect Solana to experience a bullish move soon, the cryptocurrency has also been showcasing strong price fundamentals amidst market volatility and previous declines in the Bitcoin (BTC) price. The price of Solana is currently trading at $154.92, marking an 8.59% increase over the past week.
The analyst predicted that Solana could see its price jump to $1,400 soon. Related Reading: Over $182 Million Wiped Out As Bitcoin Price Breaks $64,000 And Sends Bears To The Gallows In a comprehensive chart analysis of Solana’s price movements from 2023 till date, the analyst identified a well-defined bull flag pattern, which he described as "massive.” According to Titan of Crypto, the formation of this bull flag signals the potential for a major rally in the coming weeks and months.
SOL Bull Flag Points To $1,400 Price Increase A crypto analyst on X (formerly Twitter) identified as Titan of Crypto,’ has shared a bullish forecast for Solana, predicting its rise to astronomical highs.
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