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With Bitcoin touching the $64K today, the altcoins are witnessing a massive demand boost. Amid the bull market, Solana releases major development announcements at Token2049, fueling the SOL price rally.&nbsp;  
Will Solana’s optimistic release of new products and partnerships result in the SOL price crossing above $200 in October? Find out more about our Solana price analysis below.&nbsp;  
<h2 class="wp-block-heading" id="h-sol-price-performance">SOL Price Performance</h2>  
In the daily chart, the Solana price action reveals a new bull cycle gaining momentum. Over the last three days, the Sol price has increased by 14.50%, creating three consecutive bullish candles.&nbsp;  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcMrh3ZHQ80HQxjYHBEaHhJ6DKLTpmPy_kMwrANV_UIoxw8VvVdnT07a9-04ZPeqi720hp34MnnAzuDRtekoFT-Tzw4RbPY-acDp5ZKjjrJ97FsIKVIDzbUoxC10_0CQsNUEUFc4oqEIJ-ak1p2ykIRxfPI?key=TP033q67bXGGNb1N3S6TuA" alt="sol price chart">
</figure>  
<a href="https://www.tradingview.com/x/hmas1Yjk/" rel="noopener noreferrer nofollow">Tradingview</a>  
As Solana hits the $150 psychological mark, it trades with an intraday gain of 5.47%. The overall bull run in the last two weeks has witnessed a price surge of 20.52%, taking support from the crucial level of $125.&nbsp;  
With the rounding reversal, the SOL price approaches the neckline near the $160-$163 supply zone. Hence, the tectonic shift in Solana supports the bullish rally and teases an uptrend continuation.&nbsp;  
Technical Indicators:&nbsp;  
EMA: The 6.36% jump last night, creating a bullish engulfing candle, surpassed the 200-day and 50-day EMA. Further, the bullish recovery, crossing above the dynamic lines, eliminates the possibility of a death cross in the short term.&nbsp;  
RSI: As the recovery rally asserts dominance over the psychological mark of $150.55, the daily RSI line spikes to 61.58, approaching the overbought boundary.&nbsp;  
<h2 class="wp-block-heading" id="h-will-solana-cross-200">Will Solana Cross $200?</h2>  
As the bull run in the SOL price forms a triple white soldier pattern, the trend momentum teases boost to the $163 supply zone. Further, based on the <a href="https://digitalcoinprice.com/coins/solana" rel="noopener noreferrer nofollow">Solana quarterly returns</a>, Q3 and Q4 can boost the altcoin price for a breakout rally.&nbsp;  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf5wlj-BcLSU3Kw1h3gDIHYTO_rl6K4gTfXoHrlqY_HcOCxOvgDY0yhdwqvWCtsNPwYol6pIhWzme0avzUiYsxxVMI89j3_5SPu7Ba3LbQufIFl3EcYexM_Lhqq_sjiaPWeruyN0HF2qnr2OrGUwz_RR_Q?key=TP033q67bXGGNb1N3S6TuA" alt="sol chart">
</figure>  
Hence, the rounding bottom breakout will trigger a BUY signal for price action traders for a massive upside. Based on the price action levels, the breakout run in Solana can surpass the 52-week high and aim for the $250 mark.&nbsp;Curious about Solana’s future? Read our <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" rel="noopener noreferrer nofollow">Solana (SOL) Price Prediction</a> for an overview of long-term targets!

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