It’s been just revealed that amidst the slight corrections that the crypto market is seeing, there’s a new price rally on its way to Ethereum rival, Solana. Check out the latest reports about this below.
New SOL prediciton is out
According to the latest reports, it seems that a trio of widely followed crypto strategists believes that more rallies are in sight for top Ethereum (ETH) competitor Solana (SOL).
The pseudonymous crypto trader Cantering Clark said recently that Solana is in a position to rally toward his target after building a multi-month base and taking out its diagonal resistance.
“I have trouble with the idea that Solana does not put in a massive pump again at some point. The more I think of it, SBF (Sam Bankman-Fried) holding a bunch should make me more bullish than bearish.”
He continued and said the following:
“From a purely trend-following and swing standpoint, this too is getting close to a green light. SOL.”
He also stated this:
“Solana has five months favoring these lows, and because of that, the point of control has shifted to the low. I think it’s safe to say that enough people committed to lower, or to the sidelines, such that if we reclaim last month’s highs ($34.50), we see $40+ easily.”
The crypto analyst known as Immortal is also bullish on Solana and the third crypto analyst, Altcoin Sherpa, also thinks that Solana is likely en route for a decent rally in the coming weeks.
“I’m still of the opinion we’ll see high $40s though in the coming weeks.”
There have been a lot of bullish prediciotns about the prices of many coins these days. The crypto markets continue to rally with Bitcoin and Ethereum being the leaders in new bullish moves. Stay tuned for more reports, and make sure to check out the markets as well.