Solana Price Prediction As SOL Holds Strong Above $97 Mark, Eyeing Next Breakout At $140

Solana Price Prediction As SOL Holds Strong Above $97 Mark, Eyeing Next Breakout At $140

Solana price prediction: SOL price has witnessed a remarkable trajectory in the digital currency realm throughout 2023. This altcoin’s value soared by an impressive 900%, showcasing its potential and capturing the attention of investors. Despite this remarkable growth, the onset of January marked a period of correction.
SOL  dipped by around 20%, slipping beneath the previously solid support level of $90. Over the recent weekend, however, the currency displayed resilience. It rebounded, surpassing the $95 mark, suggesting a potential future recovery.
Solana price is trading at $96.80, reflecting a slight decline of just over 1% in the past 24 hours. This indicates a potential bearish sentiment in the short term. A detailed examination of the daily charts reveals that the price of Solana has been downtrend. This followed its peak at $126 on December 25, 2023.
Solana price prediction
The value has consistently decreased within a well-defined descending channel. This trend bottomed ou

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