Solana

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The post <a href="https://coinpedia.org/price-analysis/sol-price-prediction-solana-crosses-150-eyes-200/" rel="noopener noreferrer nofollow">SOL Price Prediction: Solana Crosses $150, Eyes $200</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
With the Bitcoin price trading at all-time high levels, the altcoins are shining in the crypto sky and teases a solid uptrend. Amidst the recent top performers, the SOL price shoots up the night to reclaim the psychological mark of $150.
Further, with the quick turnaround in a year from the depths of $10 to crossing the $150 mark, Solana showcases immense upside potential. Will this top performer find its way to $250? Well, for such curiosities, check out our <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" rel="noopener noreferrer nofollow">SOL price prediction</a>.&nbsp;
<h2 class="wp-block-heading" id="h-can-solana-price-break-above-158">Can Solana Price Break Above $158?</h2>
With the recent bounce back, the SOL price is crossing beyond the $150 mark, making a new milestone in 2024. Further, the buyers finally assert dominance above the $140 supply zone, projecting a strong uptrend.&nbsp;
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="481" src="https://image.coinpedia.org/wp-content/uploads/2024/03/12153233/image-92-1024x481.png" alt="" class="wp-image-277619" srcset="https://image.coinpedia.org/wp-content/uploads/2024/03/12153233/image-92-1024x481.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/03/12153233/image-92-300x141.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/03/12153233/image-92-768x361.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/03/12153233/image-92-1536x722.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/03/12153233/image-92-150x71.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/03/12153233/image-92.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
Source – <a href="https://www.tradingview.com/x/dLFAeaao/" rel="noopener noreferrer nofollow">TradingView</a>
Further, in the weekly chart, with Solana crossing above $150, the price action signals breakout fo an inverted head and shoulder. This is bullish reversal pattern known for huge breakout rallies, increasing the chances of SOL hitting $250.
Currently, the SOL price trades at $151.77 with an intraday gain of 1.94% and continues the streak of bullish candles. In the last three weeks, the altcoin has increased by 47% and created a triple white soldier pattern.&nbsp;
Technical Indicators:
MACD Indicator: The MACD and signal lines give a bullish crossover, highlighting a trend reversal for Solana. Amidst the ongoing bull run, this crossover bolsters the bullish momentum.&nbsp;
<h2 class="wp-block-heading" id="h-will-sol-price-give-massive-gains">Will SOL Price Give Massive Gains?</h2>
With the price chart showcasing multiple bullish catalysts, Solana is preparing for a massive jump as the market grows. Further, the rising volumes and the breakout events improve the credibility of sideline traders.&nbsp;
As the uptrend crosses above the 50% Fib level, the breakout of $158 will signal an entry spot for sideline traders. With this break, the uptrend can reach out to the previous peak close to $250.

SOL Price Prediction: Solana Crosses $150, Eyes $200

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