Solana (SOL) Poised For Major Upswing, Analyst Forecasts $328

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Solana (SOL) Poised For Major Upswing, Analyst Forecasts $328 - NewsBTC

Quick Summary:

This breakthrough is especially significant since it comes after Solana successfully broke through the resistance level of $120, which had previously prevented its climb.💰 #SOL/USDT released the breakout off the bullish pennant on weekly🔥 Send it✈️ 👇Crypto Traders-join Telegram👇 .pic.twitter.com/o3ZhmTYc5a — Whales_Crypto_Trading 🐋 (@WHALES_CRYPTOx) August 4, 2024 The trader highlights that this breakout points to further buying pressure, which might create a new support level near $120.

Related Reading: Binance Coin In Turmoil: Nearly 10% Value Erased In Market Shake-Up Overcoming Obstacles The price movement of Solana in the last several days has been quite erratic.

Related Reading: Stacks (STX) Drops 23%, But Recent Devs Might Slow The Trend The Road Ahead For Solana Solana’s potential is growing, but the cryptocurrency industry is divided.