{"id":136192,"date":"2024-08-25T18:15:14","date_gmt":"2024-08-25T15:15:14","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=136192"},"modified":"2024-08-25T18:15:14","modified_gmt":"2024-08-25T15:15:14","slug":"solana-price-up-10-in-past-7-days-whats-next","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/solana-price-up-10-in-past-7-days-whats-next\/","title":{"rendered":"Solana Price up 10% in Past 7 Days – What’s Next?"},"content":{"rendered":"

As this period of consolidation unfolds, speculation is growing about the potential for huge gains ahead. Some market pundits are already predicting that Solana could rocket towards its all-time high of $260 later this year, thanks to its robust ecosystem and continued acceptance.<\/p>\n

One of the crypto analysts at Platform X, known as \u201cJelle<\/em>,\u201d recently shared a technical analysis chart that highlights the mid-cycle consolidation phase above the $130 mark. Jelle compares this phase to the 2021 consolidation period that preceded the aggressive move higher that elevated its price to new heights.<\/p>\n

The chart suggests the current phase could similarly lead to significant gains, with the analyst setting a target of $260 \u2013 SOL\u2019s previous all-time high.<\/p>\n

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The analysis suggests that a test of this level is likely, especially if price can overcome the yearly high of $209. This level represents a key resistance point and clearing it could signal the start of a new bullish trend.<\/p>\n

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$SOL<\/a> is starting to move.<\/p>\n

It\u2019s time for >$260.<\/p>\n

Let\u2019s roll. https:\/\/t.co\/qZp8zWwA9b<\/a> pic.twitter.com\/8HFu4CETfQ<\/a><\/p>\n

\u2014 Jelle (@CryptoJelleNL) August 24, 2024<\/a><\/p><\/blockquote>\n