Ethereum

Solana

Sherpa

Read

Time

<ul>
 <li>Solana stands out in a weekend of crypto market stability, gaining almost 50% in the past week.</li>
 <li>Altcoin Sherpa predicts a bullish path for Solana, noting a breakout above $47.40 and setting the next resistance at $77.65.</li>
 <li>Market indicators indicate a favorable buying opportunity as Altcoin Sherpa anticipates Solana’s price reaching $75 in the coming weeks.</li>
</ul>
Solana (SOL) has emerged as a standout performer, witnessing an impressive 50% surge in value over the past week. As Bitcoin struggled below the $37,000 mark and Ethereum cautiously hovered around the crucial level of $2,000, Solana’s remarkable run has caught the attention of investors and analysts.
A prominent figure in the crypto analysis realm, Altcoin Sherpa, has recently <a href="https://x.com/AltcoinSherpa/status/1723867471193542998?s=20" rel="noopener noreferrer nofollow">shared</a> insights into the potential trajectory of Solana’s price in the coming weeks. The analyst’s forecast paints a bullish picture for Solana, highlighting a significant breakthrough as the SOL price successfully surpassed the key resistance level of $47.40. This breakthrough triggered a surge in the token’s value, propelling it into a consolidated range.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/Y1DQbm4IwzQqMv5j_-6oS3pDpzjRQcNTen8iN1fni1WQmB2LOUy-de25UgsChzMmwOFzhbdxnoVxYpb9g-Rf_tZc3Y2Bgdn63IFvAs_L4B83A7QO4D9DsH8_Zf1vg49iAyqo7TGubjLoNmYHnuqJTa4" alt="">
</figure>
Source: Altcoin Sherpa
Altcoin Sherpa has strategically set the next major resistance level at $77.65. The analyst interprets this consolidation as a positive sign, indicative of a bullish trend in the market.&nbsp;
Notably, market indicators align with this assessment, revealing a consistent upward movement in SOL price charts. The averages sharply rising further bolster the indication of a prevailing bullish sentiment. Adding to the bullish sentiment is the recent announcement by <a href="https://cryptonewsland.com/coinbase-boosts-solana-and-avalanche-with-exciting-futures-listings/" rel="noopener noreferrer nofollow">Coinbase Global Inc</a>., revealing plans to introduce support for Solana perpetual futures contracts on its International exchange and Advanced platform.&nbsp;
For investors keen on capitalizing on this promising trend, Altcoin Sherpa suggests that the current period represents a favorable buying opportunity. Anticipating Solana’s price to surge to $75 in the coming weeks, the analyst’s prediction aligns with the recent bullish run and the established resistance levels.&nbsp;
<h4 class="wp-block-heading" id="h-read-also">Read also:</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/has-the-time-come-to-go-bullish-on-solanas-potential/" rel="noopener noreferrer nofollow">Has the Time Come to Go Bullish on Solana’s Potential?</a></li>
 <li><a href="https://cryptonewsland.com/whats-behind-solanas-remarkable-20-price-jump/" rel="noopener noreferrer nofollow">What’s Behind Solana’s Remarkable 20% Price Jump?</a></li>
 <li><a href="https://cryptonewsland.com/solana-touches-200-as-team-reveals-carbon-neutral-year/" rel="noopener noreferrer nofollow">Solana Touches $200 as Team Reveals Carbon-Neutral Year</a></li>
 <li><a href="https://cryptonewsland.com/solanas-meteoric-rise-25-surge-in-7-days-predicting-40-by-years-end/" rel="noopener noreferrer nofollow">Solana’s Meteoric Rise: 25% Surge in 7 Days, Predicting $40 by Year’s End</a></li>
 <li><a href="https://cryptonewsland.com/solanas-spectacular-october-nearly-80-surge-defies-odds/" rel="noopener noreferrer nofollow">Solana’s Spectacular October: Nearly 80% Surge Defies Odds</a></li>
</ul>
The post <a href="https://cryptonewsland.com/solana-top-analyst-predicts-bullish-run-to-75-in-coming-weeks/" rel="noopener noreferrer nofollow">Solana: Top Analyst Predicts Bullish Run to $75 in Coming Weeks</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.

Solana: Top Analyst Predicts Bullish Run to $75 in Coming Weeks

Crypto News Land

Other articles published on Nov 13, 2023

Former FTX Leaders Launch Crypto Exchange in Dubai

Community Thinks Bitcoin Might Crash After ETF, Analysts Disagree

Bitcoin Difficulty Sees 5th Straight Rise: What It Means

This AI-Powered Platform Transforms In-House Campaign Creation to Revolutionize Digital Creativity

Technical Analysis of Chiliz and Polygon: Important Support and Resistance Levels

Bitcoin Supply Squeeze: Glassnode Report Reveals Historic Lows Ahead of Fourth Bitcoin Halving

Join our free newsletter for daily crypto updates!