Analysis of Solana (SOL) cryptocurrency shows a possible rise in its value to $183. Expert KlejdiCuni forecasts significant growth of the coin amid current positive market sentiment.
Growth Prediction for Solana
TradingView expert KlejdiCuni predicts that Solana might reach a range of $160 to $183. He notes that after recent FED rate cuts, demand for BTC has increased, which also positively affected SOL's position.
Current State Analysis
Last week, Solana broke through the support zone at around $139.50, indicating a potential for further growth. Currently, the coin is testing the resistance level, and if this process continues, we can expect growth to $160 and beyond. Charts analysis showed support at $139.49, with potential growth to $183.
Possible Decline for Solana
Not all experts are so optimistic. TradingView analyst AlanSantana believes that Solana may continue to decline before entering a growth phase again. He highlights that on daily charts, the coin faces pressure and may drop to $87.68. According to his analysis, the trend remains bearish, and current trading below MA-200 level signals a continued downward trend.
Analysts have differing opinions on the future of Solana. While some see significant growth potential, others predict a further decline before the coin can return to a positive trend.
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