Solana Primed For Massive Gains: Crypto Pundit Forecasts $600 Price Target
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In recent weeks, Solana (SOL), the 5th largest cryptocurrency, hit a two-month low of $121. Despite this, crypto analyst Jelle suggests possible substantial gains, noting similarities to the 'Solana Summer' of 2021. By comparing past and current trends, Jelle believes SOL could reach $600, a 352% increase from its current price of $141. Key resistance levels to watch are $143 and the 200-day EMA. Solana's fully diluted and circulating market capitalizations show recent declines, but trading volume indicates continued investor interest.
Source: www.newsbtc.com ↗
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