Solana price must break the drawn trend line to form an uptrend. Should this trendline break, the overall uptrend could resume on the monthly/weekly chart. Thus, it is possible that the Solana course will soon be worth over $100. However, one should not assume too much of it. There are a few other factors that come into play before saying that Solana price will make a new all-time high. You can find more information on questions related to this topic in our premium area. Should the trendline break soon, the first target would be around $150. There is the first major resistance. Once this resistance is reached, we expect a correction. More on that in the next Solana forecast.
The Solana course is quite overheated by the indicators, which is why we assume a correction for the time being. This correction could last up to the trend line. After the correction is over, the Solana price could continue its ascent and rally to the upper trendline, which serves as resistance. After this is achieved, we expect a break of the trend line.
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