On October 21, cryptocurrency #SOL Solana reached a three-month peak and tested the price of 30.00. I even managed to earn 0.52% on futures. However, the initial momentum was only 0.2%. The price quickly went back. I had to wait an hour and a half to close the deal. By the morning of October 22, the SOL price rolled back to the level of 28.00, collecting the stops of everyone who tried to go Long on Saturday. However, 30.00 is not the limit. Analysts remain bullish on SOL.

The asset price has moved beyond the inverted head and shoulders pattern. Cryptocurrency analysts well-known on Twitter remain positive about Solana's price prospects.

@Tradermayne believes that the asset has a chance to rise to $40, but his scenario is due to the formation of a bullish weekly candle.

@Rager and @DaanCrypto also noted the importance of the $38 horizontal resistance area. This area has been key since 2021 and has provided SOL with both support and resistance on multiple occasions. Finally, @CryptoGodJohn believes that Solana will reach $250 in the long term and could reach $450 if the token's market cap matches Ethereum.

What do you think about Solana?