Solana to hit $600 in ‘mania-like’ stage, according to analyst
Although some assets in the cryptocurrency market are slowing down, things seem to looking optimistic for Solana (SOL), which has been recording gains across multiple time frames, and might continue to push higher in the following weeks, perhaps even to the price of $600. Specifically, Solana has broken out from the re-accumulation structure and looks ripe to push higher, upon which it “likely soon enters a mania- like stage” and scales out aggressively, according to the Analysis shared by pseudonymous crypto trading expert Jelle in an X post on July 31. Solana price prediction 2024: How high can Solana go? As the crypto analyst further explained, Solana’s final target, once it breaks above its all-time highs (ATHs) and proceeds “scaling out aggressively,” will be around $600, which, according to his chart pattern Analysis , could happen sometime in the next couple of months. Picks for you ...