Solana

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<ul>
 <li>Solana (SOL) experienced a significant rebound, breaking the ascending channel pattern.</li>
 <li>SOL touched $99 but may face resistance at $100; sustaining above $104 could lead to further gains.</li>
 <li>Bullish momentum could push SOL toward $120 next week if buyers breach the $100 level.</li>
</ul>
Solana (SOL) has made headlines with a remarkable resurgence. The cryptocurrency witnessed a substantial rebound, breaking free from the confines of its ascending channel pattern. This development underscores the notable buying interest from bullish traders.
Solana’s price journey reached a high point of $99, a significant milestone. However, as it approaches the coveted $100 mark, it may encounter some resistance. The pivotal question on the minds of investors and traders alike is whether Solana can maintain its position above $104 without experiencing significant losses.
The answer to this question holds the key to the cryptocurrency’s short-term future. If the bulls manage to sustain their position above $104, the likelihood of the uptrend continuing remains strong. In such a scenario, buyers pushing SOL above the $100 level could set Solana on a trajectory toward $120 in the upcoming week.
Solana’s recent performance has been nothing short of impressive, capturing the attention of the crypto community. The breakout from the ascending channel pattern is a clear signal of the strong buying interest driving this rally.
As Solana enthusiasts closely monitor these developments, the cryptocurrency’s future potential is a topic of considerable interest. With the right conditions and sustained bullish sentiment, Solana appears poised for a positive trajectory within the crypto industry.
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 <li><a href="https://cryptonewsland.com/when-can-we-expect-solana-to-surpass-the-75-mark-and-target-100/" rel="noopener noreferrer nofollow">When Can We Expect Solana to Surpass the $75 Mark and Target $100?</a></li>
 <li><a href="https://cryptonewsland.com/is-solana-dead-here-are-the-facts-pushing-sol-to-ground/" rel="noopener noreferrer nofollow">Is Solana Dead? Here are the Facts Pushing SOL to Ground</a></li>
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 <li><a href="https://cryptonewsland.com/why-is-sols-20-surge-more-than-just-riding-bitcoins-coattails/" rel="noopener noreferrer nofollow">Why is SOL’s 20% Surge More Than Just Riding Bitcoin’s Coattails?</a></li>
 <li><a href="https://cryptonewsland.com/can-solana-sol-enter-the-top-10-cryptocurrencies-in-2023/" rel="noopener noreferrer nofollow">Can Solana (SOL) Enter the Top 10 Cryptocurrencies in 2023?</a></li>
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The post <a href="https://cryptonewsland.com/how-solanas-bullish-trajectory-could-lead-to-a-120-breakout/" rel="noopener noreferrer nofollow">How Solana’s Bullish Trajectory Could Lead to a $120 Breakout?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.

How Solana’s Bullish Trajectory Could Lead to a $120 Breakout?

Crypto News Land

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