Solana gradually ascends to new highs, hitting a new ATH of $183 before stabilizing at $174. The crypto coin has broken records defying leading contemporary coins by establishing a steady momentum this bull season.
Over $5 million SOL have been liquidated this bull season, as Solana breached its most coveted $180 mark.
Also Read: Solana (SOL) Mid-March Price Prediction
Solana Weekend Price Prediction
With its stellar growth and price progressions, experts on X have projected bullish sentiments for Solana. Analysts note how Solana is leading the crypto bandwagon, fueled by regular trading approaches and attention.
Per CoinCodex, Solana is poised to gradually ascend to new price highs.
“According to our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 83 (Extreme Greed). Solana recorded 17/30 (57%) green days with 14.71% price volatility over the last 30 days”
Per CoinCodex, the platform forecasts Solana to rise nearly $185 on March 16, followed by ascending to a staggering $195 on March 17. The platform later forecasts the coin to hit $280 given that the current market momentum supports the rally.
Also Read: Dogwifhat Soars 37%: Investor Nets 10X Profit With 2K SOL Tokens
“The Solana price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on these Solana projections, SOL will be changing hands at $ 280.00 on Mar 22, 2024, gaining 50.55% in the process.”
This sentiment has also been echoed by several analysts on X. One crypto analyst on X, Invest Answers forecasted SOL to hit $258 soon.
However, for SOL to hit critical price markers, the coin needs to leverage the current market momentum and stable trader sentiment to reach its intended price high.
The crypto market is highly volatile and price projections may often fail to adhere to predictions and forecasts. Hence practicing discretion becomes a necessary tool while scaling the crypto market.