Solana On-Chain Activity Grows as Elite Analyst Provides a New SOL Price Prediction
- WBOYOriginal
- 2024-06-15 10:03:49461browse
The Solana blockchain has been showing signs of increased activity, catching the attention of analysts. This surge in on-chain metrics comes alongside a bullish price prediction from a well-known crypto expert, suggesting a potential upside for SOL in the near future.
Solana (CRYPTO: SOL) blockchain activity is showing signs of a surge, which has also attracted the attention of a crypto expert who shared a bullish price prediction for SOL, hinting at a potential upside in the near future.
Here's what happened: Crypto Rover, a well-known analyst with over 750,000 followers on X, shared an optimistic outlook for Solana's native token, SOL.
In his post, Crypto Rover stated, "$SOL is ready for the next push higher."
The expert's analysis indicates that SOL's price is currently trading within a compressing triangle pattern, which often hints at an imminent breakout.
With the price hovering around $150, Crypto Rover anticipates a bounce from this level, which could lead to a break above the triangle's upper boundary.
Based on this technical analysis, the prominent trader suggests that SOL could experience a significant price surge, potentially reaching as high as $300.
This forecast suggests a potential price increase of nearly 100% from current levels, which has sparked interest among Solana enthusiasts and investors.
On the other hand, a respected crypto expert has shared a new price prediction for Polygon (CRYPTO: MATIC), suggesting a possible price surge in the coming months.
The expert's analysis indicates that MATIC's price could experience a rally, driven by strong technical indicators and a potential breakout from a crucial price zone.
News source：https://www.kdj.com/cryptocurrencies-news/articles/solana-chain-activity-grows-elite-analyst-sol-price-prediction.html
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