Skip to main content

Solana Poised for Potential 40% Surge as Chart Pattern Suggests Bullish Reversal

Solana Poised for Potential 40% Surge?

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a week ago

Solana's price is showing signs of a potential significant rally, with technical indicators suggesting a possible 40% increase. A "double bottom" pattern has emerged on its daily chart, a bullish signal that could propel the cryptocurrency towards the $250 mark. This optimistic outlook is further bolstered by increasing institutional interest and inflows into Solana-based investment products.

Did this answer your question?