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BTC $80,176 −0.55%ETH $2,323.46 −1.26%SOL $101.00 −0.73%XRP $1.30 −0.15%BNB $743.99 +0.47%DOGE $0.0775 +0.34%Prices: CoinGecko,
Altcoins & DeFi

‘Every SOL Holder Needs to See This Chart:’ Major Price Move Incoming?

Image: CryptoPotato

Solana’s native token has declined significantly over the past month and is currently consolidating just above $100. Some analysts think the asset is now at a pivotal moment and can’t predict the actual direction of the next big move. Others are clearly bullish, anticipating the price will explode soon. The Bullish Perspective Popular X user Merlijn The Trader shared a chart that “every SOL holder needs to see.” He believes SOL is printing a textbook head-and-shoulders pattern on the weekly frame, which could open the door to a major increase toward $210. When asked whether he is waiting for further signals, the analyst said he has already accumulated SOL at around $88.

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