$SOL Solana Price Prediction – Price Will Increase By 10%!

In our last Solana price prediction , we wrote about the fact that the price could rise a bit in the near future. The short-term target was around $114. The reason for the claim was an inverted head-and-shoulders formation. In the meantime, however, the price has moved rather less and was able to cross the current low at the time we wrote the article. But how could the course continue? Will we still go to $114 or even further? Or will we sink from now on?

Solana price retested the neckline as support after we wrote the last Solana article. Since then, the price has also risen somewhat. We see the time since the last article as a sideways phase in Solana price. The price has bounced off around $97 many times and found support around $88. We stayed several days between the two levels. But now the course seems to be deciding on a direction. We can see this from the suddenly increasing volume. But where did the course break out from?

Solana price has formed a symmetrical triangle. This triangle appears to be breaking out at the moment, which we could see from increasing volume. Furthermore, the triangle is already in the last third of the triangle, so a breakout could happen at any moment. Now the time has come. The target of the triangle is around $116. Based on this, we anticipate that the Solana price could reach the target of the inverted head-and-shoulders formation soon. We can well imagine that the course will exceed the goal of the shoulder-head-shoulders formation.

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