bullish

Major

Solana

Polkadot

<p>Alex Clay noted a bullish flag pattern on the Solana chart. This pattern indicates that a breakout is imminent. His analysis identifies two key price targets: the first at $391.80 and the second at $621.00.</p>
<p>The chart illustrates a bullish flag pattern, which is a technical signal suggesting that an uptrend will continue after a period of consolidation. The flagpole represents a prior rapid price increase, while the horizontal consolidation phase indicates a brief pause before the next upward movement.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/polkadot-dot-price-analysis-5-32-entry-signals-potential-breakout-here-are-the-targets/" target="_blank" rel="noopener noreferrer nofollow">Polkadot (DOT) Price Analysis: $5.32 Entry Signals Potential Breakout – Here Are the Targets</a></em></strong></p>
<p><a href="https://x.com/cryptclay/status/1856692396093739238" target="_blank" rel="noopener noreferrer nofollow">According to Clay</a>, the completion of this <a href="https://www.litefinance.org/blog/for-professionals/100-most-efficient-forex-chart-patterns/bull-flag-pattern/" target="_blank" rel="noopener noreferrer nofollow">bullish flag structure</a> signals that SOL is poised for a continuation of its upward trajectory.</p>
<p>A significant resistance zone is evident around the $220 level, which SOL is currently testing. Successfully breaking through this resistance is essential for a pronounced bullish movement. Additionally, there is a “Key Zone” identified around $125, which SOL has already surpassed, further supporting the upward trend.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="466" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-461-1024x466.png" alt="" class="wp-image-582419" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-461-1024x466.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-461-300x137.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-461-766x349.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-461-1536x700.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-461-2048x933.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-461-329x150.png 329w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-461-100x46.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-461-768x350.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-461-788x358.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-461.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="projected-sol-price-targets">Projected SOL Price Targets</h2>
<p><strong>Target 1: $391.80</strong> – This initial target is based on Fibonacci extensions and prior price action levels.<br><strong>Target 2: $621.00</strong> – This more ambitious target suggests that if SOL continues its bullish trend, it could reach this level.</p>
<p>Fibonacci levels such as 1.414, 1.618, 2.0, and 2.272 align with potential resistance and profit-taking points. These levels provide a framework for setting realistic targets based on historical price movements and retracement analysis.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/major-bullish-signal-emerges-for-solana-sol-price-analyst-sees-a-150-surge-from-here/" rel="noopener noreferrer nofollow">Major Bullish Signal Emerges for Solana (SOL) Price: Analyst Sees a 150% Surge From Here</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Major Bullish Signal Emerges for Solana (SOL) Price: Analyst Sees a 150% Surge From Here

Table of Contents

CaptainAltcoin

Other articles published on Nov 13, 2024

Pepe Price Surges as Bullish Momentum Builds: ATH Next?

Curious About D.O.G.E.? Know All About Musk and Trump’s Radical Plan for U.S.

Ripple News: XRP Documentary To ‘Blow Open The SEC Lawsuit Against Ripple’; First Reviews Out

Crypto Market Cap Drops 5% in 24 Hours As Investors Cash In Post-Trump Win Profits

These Are the Most In-Demand Skills for Remote Work Right Now

Crypto Insiders Are All In—This Under-the-Radar Coins Have Explosive Potential

Join our free newsletter for daily crypto updates!