CandleFocus Analysts See Path for Solana to Surpass $260 Peak in Coming Months
2024-10-03
Author: Content Editor
Solana has recently experienced a decline in price, dropping from its monthly high. Despite this, analysts are divided on its future performance. Some analysts remain optimistic and predict a potential breakout and new highs for Solana. They note that the asset has been gradually pushing towards higher levels and could surpass its all-time high within the next three months. They compare Solana's current trajectory to its impressive performance in mid-2021 and project peak prices as high as $1,000 per coin. However, other analysts caution that Solana may face further decline and suggest the recent upward move is corrective rather than impulsive. These analysts warn that Solana could fall as low as $55.
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