Solana Price Prediction: Will Solana Mimic Bitcoin's Success
Solana price prediction 2025 is expected to be about $200
#Solana formed a base and initiated a fresh uptrend from the $98.00 zone against the US Dollar.
Current Solana price exceeds $120 against the US Dollar, mirroring Bitcoin's trend.
$SOL's potential for a significant uptick lies in surpassing the $127 resistance level.
The 61.8% Fibonacci retracement level acts as immediate support, having previously served as resistance.
Solana has breached the Bullish Pennant Pattern on the daily chart, indicating a potential breakthrough of the April 2022 high.
On the weekly chart, #Solana is on the brink of breaking out of the neckline of a Rounding Bottom pattern.
A successful close above the Pennant pattern and $130 levels could propel Solana towards $150-$200.
Conversely, failure to maintain momentum and cross the $130 threshold may lead to a downturn, potentially revisiting the $100-$80 range.
According to Coingabbar's analysis, Solana price prediction 2030 continues around $500, but Solana price prediction 2040 is expected to surpass $1000.
KEY LEVELS :
RESISTANCE LEVEL : $140-$200
SUPPORT LEVEL : $100-$80
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
