Crypto

Top Crypto Analysts Predict Extended Rally For Ethereum Rival Solana – Here’s Their Goals – Reuters

A trio of widely followed crypto strategists believe more rallies are in sight for the Ethereum top (ETH) competitor Solana (FLOOR).

Starting with pseudonymous crypto trader Cantering Clark, the analyst tells his 149,500 Twitter followers that Solana is in a position to rally to his target after building a months-long base and knocking out his diagonal resistance.

“I struggle with the idea of ​​Solana not handing over a massive pump at some point. More I think about it, SBF (Sam Bankman-Fried) holding a bunch should make me more bullish than bearish.

From a purely trend and swing perspective, this too is approaching a green light. FLOOR.

Solana has five months favoring these lows, and because of that, the checkpoint has moved down. I think it’s safe to say that enough people have committed to lower or stay away that if we retrieve last month’s highs ($34.50) we easily see $40 and more.

Source: Galop Clark/Twitter

Fellow crypto strategist Inmortal is also bullish on Solana. The pseudonymous analyst shares a chart with his 180,000 Twitter followers suggesting that SOL is likely close to rallying towards its target of around $50.

“A man can dream.”

Image
Source: Galop Clark/Twitter

A third crypto analyst, Altcoin Sherpa, also think that Solana is likely on course for a decent rally in the coming weeks.

“I’m still of the view that we’ll see high $40s in the coming weeks.”

As of this writing, Solana is trading hands for $35.90.

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Featured image: Shutterstock/Tuso chakma



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