Solana (Sol) has increased more than $ 220 for the first time since February, reaching a maximum of seven months as bullish impulse accumulate, reinforcing a long term Solana pricing prediction.
While the new user incorporation has slowed into the levels for the last time in April, the data in the chain suggest that the rally is being fed by Accumulation of existing holders instead of new retail tickets.
With macro tail winds like possible US fee cuts. On the horizon, investors position them early, and some are now fixing their sights $ 1,000 Like the next important milestone.
The new address creation has fallen to a minimum of 5 months, highlighting a gap in the incorporation of the user that leaves the Sun vulnerable to the profits by the short -term holders.
Even so, short -term catalysts could feed the renewed demand.
The markets place 100% of the probabilities of an interest rate of the United States reducing a week away, and a base case of 75 BSP before the end of the year, with the potential to stimulate the new demand for risk assets as a sun.
Solana pricing prediction: Is the road clear to $ 1,000?
Solana faces an imminent break when a confluence zone pushes Sun closer to escape from a growing wedge pattern that has had from the bottom of the mid -April market.
A support line of support line during the last month is to place Solana to re -test the upper limit of the pattern in a potential rupture configuration.
While the possible profits presents a risk of rejection, the RSI suggests that there is still room to run as 62, far from the overall threshold in 70 that generally marks the rally tapas.
The MACD has also formed a promising Golden Cruz after a week of wobbly above and below the signal line, the possible confirmation of a more durable movement.
If the impulse continues, a break could promote Solana to try its maximum of all time of all time nearby $ 300.
With this level recovered as support, the door opens for a new pricing discovery with little historical support to limit the rise, which establishes the views in the patterns target of $ 400 projected for a gain of 85%.
But as the mature upward market, the impulse could carry even more.
With a deeper traditional integration through exposure 401 (K), corporate treasure bonds and ETF potentials, Solana Price Rally could extend to $ 1,000 for a gain of 355%.
The largest solar opportunities do not start with sun
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The prices prediction after Solana: Sol reaches 7 months in height: the bulls are considering $ 1,000 below appeared first in Cryptonews.