The Solana price has surged over 33% in the past two weeks, and according to crypto analyst Ali Martinez (@ali_charts), this could be the precursor to a much larger rally. In the weekly chart (SOL/USD), the Solana price exhibits a major bullish pattern, suggesting a potential surge beyond the $1,400 mark. Is $1,400 Next For Solana? Martinez highlighted a “bull flag” formation, a classic continuation pattern in technical analysis that could signify a significant upward movement in Solana’s value in the upcoming months. “The bull flag nobody is talking about!” Martinez commented. The chart displays a bull flag pattern, identified through a sharp upward trend followed by a consolidating downward channel. This pattern began forming after a strong price increase from mid-September last year, where Solana ascended from around $17.50 to a peak of approximately $210. Following this rise, the price began to consolidate, forming a downward sloping channel that suggests a period of accumulation and potential buyer exhaustion after the initial surge. Related Reading: $174 In Sight: Analyst Projects Major Surge For Solana (SOL) The flagpole, an essential ..
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