The post Solana Bull Run Activated: SOL Price Poised to Hit $100 in 2023! appeared first on Coinpedia Fintech News
Solana prices continue to surge, regardless of the current market conditions. With more than an 800% jump, the presumed ‘dead coin’ has registered itself among the top-performing assets of 2023. Despite this, the token does not appear to be halting its rally any time now, as the bulls appear to be extremely poised to regain levels above $100 before the yearly close.
While bullish sentiments have been coiling up over the SOL price, a higher possibility of encountering a heavy dump also emerges. Therefore, this further indicates the prospects of the token undergoing a fake run, which may eventually result in a fakeout.
Why could one be bearish on Solana while the price is in the middle of a strong bull run?
It is worth noting that the SOL price has broken above the pivotal resistance with the fresh upswing that it initiated at the start of the day’s trade. The bullish
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