Solana

Rise

<ul class="news-points"> 
 <li>With increasing strength, SOL may hit $39, according to Michaël van de Poppe.&nbsp;</li> 
 <li>A correction to $26 is likely as indicated by the MFI and AO.</li> 
 <li>If SOL support holds at $30.94, a jump toward $40 could be possible.</li> 
</ul> 
Crypto analyst Michaël van de Poppe told his 669,400 X (formerly Twitter) that they should not be astonished if <a href="https://coinedition.com/solana-defies-fud-to-reclaim-10b-cap-overtaking-ada-and-doge/">Solana (SOL)</a> rises to $36 or as high as $39. According to van de Poppe, who is also the founder of MN Trading, SOL has shown solid strength in the past few weeks. 
He also mentioned that the token’s strength would not wane anytime soon. Previously, Coin Edition had <a href="https://coinedition.com/sol-soars-38-in-a-week-will-solanas-bullish-run-continue/">reported</a> on Solana’s mind-blowing performance, which made it the best-performing asset out of the top 10. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Request 04 – <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SOL</a> Solid strength, solid upwards trend. Wouldn't be surprised if we reach $36-39 on this one. If the markets make a deeper correction, I'd be keen to get some <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SOL</a> at $26-28. <a href="https://t.co/RjhQAT8yx4" target="_blank" rel="nofollow">pic.twitter.com/RjhQAT8yx4</a>— Michaël van de Poppe (@CryptoMichNL) <a href="https://twitter.com/CryptoMichNL/status/1717997343679954997?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 27, 2023</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
However, van de Poppe mentioned that there could be a correction for SOL that leads the token between $26 and $28. As per the 4-hour SOL/USD …
The post <a rel="nofollow" href="https://coinedition.com/solana-sol-price-analysis-how-feasible-is-the-rise-to-39/">Solana (SOL) Price Analysis: How Feasible Is the Rise to $39?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Solana (SOL) Price Analysis: How Feasible Is the Rise to $39?

Coin Edition

Other articles published on Oct 28, 2023

Expert Says ‘Chainlink Is Killing It’ as LINK Faces Final Major Resistance

South Korea’s Crypto Frenzy: Altcoins Trump Bitcoin Among 6 Million Investors

Galaxy Digital; Led by Mike Novogratz – Betting Big on Bitcoin and Ethereum: Lookonchain

WEMIX enters into strategic partnership with Chainalysis

ChartAI Joins NVIDIA Inception

Ripple’s Swell Event Sparks IPO Speculation: What Does This Mean for XRP?

Join our free newsletter for daily crypto updates!