The analyst known as Pentoshi believes that Solana (SOL) is poised to reach new all-time highs and is currently in a bullish pattern. Pentoshi suggests that Solana may soon break its resistance at $204, which has kept the coin bearish since 2022. Pentoshi also predicts that Solana's long-term target is 110% higher than its current price, with a target price of $420.69. Additionally, Pentoshi believes that the wider altcoin market will experience a breakout and rise towards the $760 billion mark. The current market cap of TOTAL3, which tracks all crypto assets excluding Bitcoin and Ethereum, is at $668 billion.
- Content Editor ( dailyhodl.com )
- 2024-11-09
Ethereum Rival Solana in All-Time High ‘Waiting Room,’ Says Crypto Analyst – Here’s His Outlook