\nSolana Price Prediction: The SOL price prepares a bounceback to fuel the prevailing uptrend and head to $100.\t\t\t\t<\/p>\n
<\/p>\n
Published 4 mins ago
Updated 32 seconds ago <\/p>\n
\n
\n
![\"coingape\"](\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"){kind=logo}
\n<\/a>
\n <\/a>\n <\/div>\n
\n <\/div>\n Solana Price Prediction:\u00a0\u00a0<\/span>Following the broader market trend, Solana (SOL) is poised for a significant surge, fueled by strong bullish momentum.<\/a> The October rally ignited a bullish frenzy, breaking a long-term resistance and propelling the price from $21 to the $70 mark within two months. With a 235% jump in that timeframe, SOL now eyes the $100 psychological resistance. Will the bulls overpower this barrier and extend the uptrend, or will a reversal arise?<\/span><\/p>\n <\/p>\n Also Read: Solana-Based Jito (JTO) Skyrockets 40%, Is $5 Next?<\/a><\/p>\n <\/p>\n Riding a wave of bullish momentum, the Solana (SOL) price<\/a> has skyrocketed over the past two months, experiencing a dramatic turnaround. The meme coin, predominantly displaying bullish candles, has finally breached the $75 mark in a remarkable eight-week climb.<\/span><\/p>\n Starting the month at $59.31, the SOL price experienced a sharp boost as the overall market bounced back. This altcoin approaches the overhead resistance zone, leading to a 21.15% jump and reaching a 52-week high of $77.77.\u00a0<\/span><\/p>\n<\/blockquote>\n Currently, the SOL price trades at $71.73 and forms a bearish candle of 0.83% fall following the 3.62% drop last night. Teasing a deeper pullback, the retest gains momentum and warns of a drop under the $66 mark if the sellers get serious.\u00a0<\/span><\/p>\n <\/p>\n The Solana (SOL) recovery faces a new resistance above the psychological level at $75, resulting in a higher price rejection and teasing a trend reversal. However, the trend-based Fibonacci retracement labels the ongoing pullback as a retest. Further, the buyers are expected to halt the downtrend at $70 and potentially drive the uptrend to $100 before 2023 ends.\u00a0<\/span><\/p>\n \n Share this article on:<\/p>\n Sahil is a dedicated full-time trader with over three years of experience in the financial markets. Armed with a strong grasp of technical analysis, he keeps a vigilant eye on the daily price movements of top assets and indices. Drawn by his fascination with financial instruments, Sahil enthusiastically embraced the emerging realm of cryptocurrency, where he continues to explore opportunities driven by his passion for trading <\/p>\n<\/p><\/div>\n The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n <\/p><\/div>\n
\n
\n ![\"bons\"](\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/gigaPresale-1.png\")
\n <\/a>
\n <\/span><\/div>\n<\/p><\/div>\nCan Buyers Propel SOL To $100?<\/b><\/h2>\n
\n
![\"Solana](\"https:\/\/s3.tradingview.com\/snapshots\/q\/QnJpbWCu.png\")
\n
Pullback Threats Minor Crash For Solana<\/b><\/h2>\n
\n
\n <\/a>
\n
\n
\n<\/a>
\n <\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n![\"\"](\"https:\/\/secure.gravatar.com\/avatar\/a533fdcf650a1d3d3b6a452bcef2d18a?s=200&d=mm&r=g\")