Solana Poised For Epic Reversal? Analyst Spots Bullish Pattern Echoing 2022 Breakout

Quick Summary:

I’ve seen this movie before.$SOL pic.twitter.com/ByKj3VgSkD — Jelle (@CryptoJelleNL) June 27, 2024 Jelle, a well-known crypto analyst and investor, has been actively discussing this pattern on social media.“I’ve seen this movie before,” the analyst says, as they draw comparisons between the current chart and the one that led to SOL’s breakout in 2022.

Ethereum 15% Price Slump Could Spark Epic Comeback — Analyst Solana: Chart Pattern Suggests Possible Rebound The buzz among analysts centers around a descending triangle pattern visible on SOL’s current chart.

Technical analysts are drawing parallels between the current price chart and a previous pattern that preceded a substantial price surge in 2022, sparking optimism for a bullish reversal.

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Author / Journalist: Christian Encila

Category: Crypto

Markets: United KingdomCanadaSouth KoreaPhilippines

Topics: Crypto Cryptocurrency Market News Altcoins Sol Solana

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Published On: 2024-06-28 @ 17:00:26 (2 days ago)

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Language: English

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