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BTC $80,485 +0.86%ETH $2,345.11 +1.52%SOL $100.80 −0.07%XRP $1.32 +2.69%BNB $750.42 +1.43%DOGE $0.0781 +1.29%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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