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Crypto Analyst Predicts Solana Could Follow Ethereum's Parabolic Price Pattern

July 4 (Cointime) - According to a popular anonymous crypto trader, Solana (SOL) may follow the same price pattern as Ethereum (ETH) did in 2020-21. The trader suggests that Solana's price action is similar to ETH before it surged from $400 to nearly $5,000 in a matter of months.

The trader's chart indicates that Solana could reach new all-time highs after breaking the resistance of $60. Another well-known anonymous analyst, Kaleo, is also bullish on Solana and believes it will move to the upside against Bitcoin (BTC).

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Crypto Analyst Predicts Solana Could Follow Ethereum's Parabolic Price Pattern

All Comments

Recommended for you

Chairman of the Hong Kong Institute of International Finance: Using Hong Kong's digital financial infrastructure to explore the RMB-pegged "Greater Bay Area Stablecoin"

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$1.911 billion worth of SOL transferred

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Pudgy Penguins and Lotte strategically cooperate to expand into the Korean market, and the floor price rose by 3.1% on the 7th

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Drift Foundation: The governance mechanism is gradually being improved, and DRIFT is one of the components

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