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Solana Forms Ascending Triangle For Possible Breakout, Analyst Sets $565 Target Newsbtc 2 dni temu

Solana Forms Ascending Triangle For Possible Breakout, Analyst Sets $565 Target 📈

Crypto analyst Trader Tardigrade has highlighted a potential bullish pattern forming for Solana, predicting a rally to $565, based on an ascending triangle formation. This pattern precedes previous breakouts, with targets reached at Fibonacci 2.618 levels. Current developments indicate the rally could occur soon.

Asset manager VanEck also foresees Solana reaching $500 by the end of 2025, citing the cryptocurrency's developer dominance and growth in decentralized exchange (DEX) volumes. Contrasting opinions include Ali Martinez’s prediction of $350 and Jelle’s emphasis on reclaiming the $220 level for continued bullish momentum.

Analyst CryptoElites sees a massive move ahead, identifying broken 2021 downtrends as a precursor to higher targets at $450, $678, and $1,099. At present, Solana is trading at approximately $202, slightly declining in the last 24 hours.

Źródło: www.newsbtc.com ↗

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