Solana Price Could Eclipse $1,400 As Massive Bull Flag Emerges

Quick Summary:

Related Reading: $174 In Sight: Analyst Projects Major Surge For Solana (SOL) The flagpole, an essential component of the bull flag pattern, was established by the initial steep increase in price, while the flag itself is represented by the subsequent consolidation phase.

The Fibonacci extension levels further offer potential targets if the Solana price surpasses its original high.The 161.8% extension at $415.23 marks a significant target for initial price discovery.

In the weekly chart (SOL/USD), the Solana price exhibits a major bullish pattern, suggesting a potential surge beyond the $1,400 mark.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: United KingdomAustriaNorth Korea

Topics: Solana Price Solana Solana news SOL Price Sol Solana Price prediction SOLUSD

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 11:00:49 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 556 words

Reading Time: 4 minutes read

Sentences: 67 lines

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Copyright Owner: © NewsBTC

News ID: 21683790

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