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Solana’s Path to $3,800—Will It Hold Above $130 This Weekend?
Recent price fluctuations have sparked renewed interest in the cryptocurrency market, and Solana (SOL) is no exception. As the crypto community eagerly awaits further developments, one thing remains clear: the potential for significant growth has never been more promising.
According to recent market analysis, a cup-and-handle pattern is emerging on the charts. If this prediction materializes, we can expect the price of SOL to skyrocket to $3,800 in the future.
The current trajectory suggests a bullish breakout above the critical support level around $125-$130. Any failure to hold these areas could result in an immediate price correction to the $119-$120 zone. It’s essential for investors and traders alike to remain vigilant and adjust their positions accordingly.
In light of this new data, we’re exploring Solana’s potential path to $3,800 and whether it will be able to break above the aforementioned level by the end of the weekend.
Market analysis has revealed a cup-and-handle pattern forming on the charts.
Source: https://cryptonewsland.com/solanas-path-to-3800-will-it-hold-above-130-this-weekend/
