Hey my people! 🚀 What if I told you that a pattern that made Solana (SOL) explode 40% in 2023 has just appeared again? Hold on because this is getting good... and the numbers back it up.
Will Solana's "golden cross" make us rich or is it all smoke? 🤔💰
Great question! And the truth is, there are several signals that make this question far from crazy. It turns out that Solana (SOL) has just formed a "golden cross" on its chart, a technical pattern that has historically been the precursor to epic rises. Just to give you an idea, the last time this happened, SOL jumped from $155 to almost $300 in just one week! 🤯
Right now, the crypto is dancing between $174 and $187, but many analysts see that a breakout is brewing that could take it to touch $250, a level it hasn't seen since its epic days of 2021. But not everything is rosy; a crypto analyst named Honeyxbt says that yes, the pattern is real, but the rise has been a bit weak and needs a stronger push to break the barrier of $190-205.
But there's more. The one and only Arthur Hayes, co-founder of BitMEX, has just joined the advisory team of Upexi, the largest company that has a "treasure" in Solana. This guy is no rookie: he was key to Ethereum (ETH) skyrocketing 60% recently. With Hayes on the team and Upexi having $300 million to buy more SOL, this could be the turbo Solana was missing. 🚀
And if that wasn't enough, pay attention to this fact: there is a 90% chance that a Solana ETF will be approved in 2025! 😱 Several financial giants have already submitted their applications to the SEC. If this happens, it would be an earthquake for the crypto world and would cause a lot of institutional money to flow directly into SOL.
In summary: the bullish pattern is already there, the big names in crypto are joining the movement, and the possibility of an ETF is becoming more real. If SOL manages to break $188, it could go up to $225 and, with a bit of luck, reach $250. But if it doesn't succeed, we could see it fall back to $167. The table is set; now we just have to see what dish the market chooses.
Do you think that with so many catalysts, Solana will finally challenge Ethereum and go to the moon? 🤔$SOL