Despite $SOL’s recent dip to $131, 55% below its all-time high of $294 recorded two months ago, our Solana price prediction for the rest of the year is bullish.
$SOL is currently trading at $148.85 with a 5.83% weekly increase, though the monthly trend is bearish (-27.42%).
Luckily for $SOL holders, key technical indicators point to a strong buy signal as the token is heading toward a rebound.
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Let’s unpack what the charts and recent ecosystem developments tell us about the $SOL price forecast.
$SOL Escapes the Death Cross Formation
$SOL faced significant downward pressure this morning as it reacted to a large sell order block. However, $SOL’s price bounced off as some investors saw the drop to $142 as a buying opportunity and placed
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