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What Should Investors Expect from Solana (SOL) in October 2024

What Should Investors Expect from Solana (SOL) in October 2024
The article discusses the potential for bullish momentum for Solana (SOL) in October. Market experts believe that a breakout could occur, driving SOL up by 20% and potentially pushing it closer to the $200 mark. The lack of liquidity in the broader cryptocurrency market has been a major concern for Solana's price. However, the Federal Reserve's rate-cutting cycle and the possibility of an altcoin season could provide the catalyst for a breakout. Technical advancements and positive macro momentum also contribute to the optimistic sentiment surrounding SOL. However, if Solana fails to break the resistance at $160, a significant pullback could occur.

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