Solana

A prominent crypto analyst believes that the leading cryptocurrency Solana (SOL) is poised for growth and shall rise 702.84% in the next market bull run.The cryptocurrency analyst Captain Faibik recently took to Twitter to share a strong performance prediction for Solana (SOL) in June and July:<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/9ce09b6c66494f3d8b0f581c059714fb.png">In the above-mentioned tweet shared by Faibik, SOL exhibits a descending channel pattern. So, as its next move, SOL is predicted by Faibik to rise 702.84% by breaking the multi-year trendline resistance at $20 for a bullish breakout. Technically, a descending channel pattern subsequently leads to an upside trend when an upper trend line penetrates.The analyst also shared another analysis of SOL on April 11 and 12. In the April 11 analysis, the crypto YouTuber stated in a <a href="https://twitter.com/CryptoFaibik/status/1645648164408500227?s=20" rel="noopener noreferrer nofollow">tweet</a> that SOL is “finally breaking out of the Descending Channel after a long consolidation.”Read full article at <a href="https://cryptotale.org/solana-shows-strong-uptrend-signs-for-june-july-says-crypto-analyst/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Solana Shows Strong Uptrend Signs for June, July; Says Crypto Analyst

CryptoTale

Other articles published on May 25, 2023

Norges Bank Report Recommends Norway to Develop National Strategy for Crypto Regulation

Aave Expresses Interest In Coinbase’s Base Network

Shiba Inu Influencer Predicts Shibarium Mainnet Launch in Q3: Unfolds Uncertainty

Gold Guaranteed Coin: A Stable and Secure Investment Opportunity

Fibonacci Releases Internationally Accessible Off & On-Ramps of Alchemy Pay

EU seeks to limit leverage bets in crypto

Join our free newsletter for daily crypto updates!