Solana Prepares For A 20% Rally – Can SOL Reclaim $176?

Solana Prepares For A 20% Rally – Can SOL Reclaim $176?
Solana is currently trading above the $140 mark, showing signs of strength as it prepares for a potential move to higher levels. After a modest 5% pump on Friday, investors and analysts are increasingly optimistic about the direction Solana could take in the coming months.  One prominent analyst, Carl Runefelt, has shared a technical analysis predicting a 20% surge for SOL in the next few weeks, citing bullish patterns and favorable market conditions. His analysis suggests that Solana could reach $176 by the end of the year if current momentum holds. Related Reading: Dogecoin Targets $0.11 As Short-Term Traders Fuel DOGE Price – Details However, Solana still faces key resistance levels that could challenge its upward trajectory. Despite the recent surge, some market participants are cautious, given the overall volatility in the crypto space. If Solana manages to maintain its current support and break through resistance, the next few months could be pivotal for the asset’s long-term price action. Can SOL capitalize on its recent gains and reach new highs, or will it struggle to maintain momentum in the face of ma ..

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