A crypto analyst, known as ‘Titan of Crypto,’ forecasts that Solana could reach a price of $1,400, identifying a bull flag pattern indicating potential price surges. Presently, Solana trades at less than one-ninth of this ambitious target.
The analyst’s comprehensive chart analysis traces Solana's price movements into 2025, with the pattern expected to emerge towards the end of 2024. Despite the optimistic target, a more conservative analyst projects a $1,000 price based on a different technical indicator.
The article emphasizes Solana's strong price fundamentals amidst market volatility and a recent 8.59% price increase. The current trading price is $154.92, reflecting a 1.75% surge in the last 24 hours.