The focus of this analysis is Solana (SOL), which is praised for its transaction speeds in the blockchain world. We dive into the price prediction for SOL for the near future with an analysis from our premium environment.
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Technical analysis Solana (SOL) price
SOL has recently seen another impressive rise, making analysts at Crypto Insiders optimistic about the near future. They recently shared this in the Premium environment:
“SOL price has found strong support on the dynamic beamlines. Furthermore, the short-term structure has been broken, so we can continue to look upside.
Even though there is still some uncertainty about the emergence of a larger wave 5, we are already optimistic. Our expectations are now focused on a $100 correction via a wave 2. Once this correction occurs, we can confirm a 12345 Elliott wave pattern with greater certainty.
This means that we are dealing with a strong wave 3, which usually causes a sharp rise. We want to respond to that. Once this pattern is confirmed, we will release a new update in the Premium environment.”
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