$SOL According to the charts you showed me, the price of SOL is displaying a movement pattern that could indicate a potential increase.

Below, I explain the key points observed:

Chart Analysis

* Upward trend: The charts show that the price of SOL has been consistently rising since approximately $120. Despite fluctuations, the overall trend is upward.

* Trading volume: The trading volume (the bar at the bottom of the charts) has also increased in recent days. An increase in volume is usually a sign that the current trend is strong and that there is buying interest from investors.

* Technical analysis: If you look at the most recent chart (the one up to the end of August), you can see that the price has surpassed its previous high of around $203. This type of breakout often suggests that the price could continue to rise. If it maintains that momentum, it could reach new highs.

Possible target price

Considering the information from the charts, it is plausible that the price of SOL will attempt to reach a new high. It could reach the $213-$216 range in the short term, and if the momentum continues, it could go even higher.

It is important to remember that cryptocurrency markets are very volatile, and these are just possible scenarios based on the information that can be seen in the charts. It is always advisable to conduct more thorough research and consider multiple factors before making any investment decisions.

if it breaks the ceiling yes or no$SOL #SOLTreasuryFundraising

si
83%
no
17%
18 votes • Voting closed