Solana Price Prediction: Rare Breakout Pattern Flashes – SOL Could Skyrocket 3000% to $6,000
Main Idea
A rare breakout pattern on Solana's price chart suggests potential significant gains, with predictions ranging up to $6,000, while also highlighting alternative investment opportunities in the Solana ecosystem.
Key Points
1. A rare breakout pattern on Solana's chart indicates a potential 3,000% gain, with targets between $4,800 and $6,000.
2. The neckline of the formation is around $250, a key resistance level for the predicted upward movement.
3. A potential spot SOL ETF by October 10 could further influence Solana's price.
4. An ascending triangle breakout suggests a 54% move to retest Solana’s all-time high around $297.50.
5. Alternative investments like Snorter ($SNORT) offer quicker gains with features like MEV-resistant swaps and staking rewards.
Description
Despite a 4.5% nosedive over the past 24 hours, shaking near-term momentum, a rare chart pattern adds weight to a bullish long-term Solana price outlook with a potential 30x gain. Popular X analyst Trader Tartigrade has identified a massive cup-and-handle pattern stretching back to 2021, calling the breakout “imminent” as the altcoin reclaimed the $200 level this week. #Solana will reach $4,800 In a few years, this long-term investment could yield significant profits. A cup and handle pattern ha...
Latest News
- Ethereum ETFs See $6.4B Inflows Over 11 Weeks as Investor Optimism Surges2025-07-25 12:59:14
- Smarter Web Company Adds 225 Bitcoin for $26M, Total Holdings Reach 1,825 BTC2025-07-25 12:58:36
- TikTok Influencer Sentenced to 8.5 Years for Aiding North Korean IT Sanctions Evasion Scheme2025-07-25 12:57:56
- Why Is Crypto Down Today? – July 25, 20252025-07-25 12:21:28
- NFT Market Cap Surges to $6.6B in July as CryptoPunk Sells for $5M – Are NFTs Back?2025-07-25 12:19:33