Crypto analyst Ali Martinez predicts a 1,800% price surge for Solana, projecting a target price of $4,000. Martinez points to a "cup and handle" chart pattern as a bullish signal for the cryptocurrency. This pattern, which represents a period of consolidation and recovery followed by a breakout, ranks as the third most effective bullish pattern according to charting expert Thomas N. Bulkowski. Despite the unpredictable nature of cryptocurrencies, Martinez believes Solana has a strong likelihood of achieving its projected target. Solana is currently trading at $215 and has seen a 16% increase in trading volume in the past 24 hours.
- Content Editor ( newsbtc.com )
- 2025-01-04
Solana Price Will Complete 1,800% Surge To $4,000 With This Formation: Analyst