bullish

Solana

mirror

Bold

<p>Solana (<strong>SOL</strong>) recently reached a new all-time high (<strong>ATH</strong>) of $264, surpassing its 2021 peak of $260. Although the price has since retraced to $222, analysts predict a strong bullish trajectory toward the $300 mark.</p> 
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<h2 class="wp-block-heading" id="solana-s-path-to-a-new-record">Solana’s Path to a New Record</h2> 
<p>Over the past week, Solana caught the attention of both traders and investors by exceeding its previous ATH. While the rally temporarily lost steam after reaching $264, market sentiment remains optimistic. Many experts believe that Solana is positioned for further gains as it consolidates its price action.</p> 
<p>Technical indicators suggest that the recent pullback is part of a healthy correction, setting the stage for a renewed upward trend. Analysts have highlighted that Solana’s current momentum could mirror its 2021 bull run, with some expecting it to breach the $300 milestone within the coming months.</p> 
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<h2 class="wp-block-heading" id="nurigg-s-bold-prediction-294-target">NuriGG’s Bold Prediction: $294 Target</h2> 
<p>Prominent market analyst NuriGG, known for his insights on TradingView, is bullish on Solana. He revealed that he has taken a long position with a price target of $294.25, emphasizing that his strategy offers a compelling risk-to-reward ratio.</p> 
<p>NuriGG identified a <strong>rising channel pattern</strong> on Solana’s 4-hour chart, which traditionally indicates bullish potential. His trade entry was at $230, with a stop-loss at $216.15, effectively limiting his downside risk.</p> 
<p>The analyst expects a potential profit of approximately 28.49%, equating to $2,269.46 from his position of 19.455 SOL tokens. His total investment in the trade stands at $6,535, with a manageable risk of $750 if the stop-loss level is triggered.</p> 
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<h2 class="wp-block-heading" id="market-outlook-for-solana">Market Outlook for Solana</h2> 
<p>Solana’s impressive rally highlights its growing adoption and resilience within the cryptocurrency market. As more analysts and traders express confidence in its potential, Solana’s trajectory toward $300 could serve as a key milestone for the blockchain ecosystem.</p> 
<p>For the latest updates on Solana and other major cryptocurrencies, visit <strong><a href="https://www.turkishnyradio.com/" target="_blank" data-type="link" data-id="https://www.turkishnyradio.com/" rel="noreferrer noopener">Turkish NY Radio</a></strong>.</p>

Solana Hits $264 ATH: Analysts Eye $300 Target

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