Solana Price Prediction : Will Market Correction Push !!!
Solana bullish reversal pauses at $120, triggering a short pullback.Within narrowing trendlines, Solana displays lateral trading between $109 and $87 over the past week.Warning of a trend reversal in 2024, Solana falls under the psychologically crucial $100 mark.The daily chart reveals a bearish breakdown of a triangle pattern, indicating a potential serious downfall in solana price.
Solana price undermines its December bull run, breaching the $82 mark aligned with the 38.20% Fibonacci level.
Coingabbar's analysis suggests SOL could touch $70, correlating with the 50% FIBO Levels.
Solana Price Prediction 2030 is approx $300 and Solana Price Prediction 2040 stands at a minimum price of $500.
KEY LEVELS :
RESISTANCE LEVEL : $83-$87
SUPPORT LEVEL : $76-$72
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
