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Solana Price: SOL Rises Above $200, Could $500 Be Next Stop

18-Mar-2024 By: Lokesh Gupta
Solana Price: SOL Rises Above $200, Could $500 Be Next Stop

Solana price prediction 2025 indicates a target of $350

  • #Solana price has shown resilience above the $150 mark, maintaining its upward momentum.

  • Notable surges occurred beyond the $180 and $200 thresholds, indicating strong bullish sentiment.

  • Within the last 24 hours, #Solana experienced an impressive 8% surge, peaking at $205, reaching the 78.60% Fibonacci Level.

  • Bullish momentum appears robust as Solana surpasses the $200 milestone.

  • Positive indications persist in $SOL's price movement, potentially leading to breaking the $220 resistance level soon.

  • Three consecutive bullish candles on the weekly chart suggest a strong upward momentum.

  • Solana's weekly chart reveals a Rounding Bottom pattern, signaling a notable price surge.

  • The lingering question revolves around whether the rally will persist and breach the 78.60% Fibonacci level, or if resistance will impede further gains.

  • According to Coingabbar's analysis, Solana price prediction 2030 targets around $700, while Solana price prediction 2040 has the potential to surge to $1500.

KEY LEVELS :

RESISTANCE LEVEL : $220-$250

SUPPORT LEVEL : $180-$150

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.

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