Current Price & Performance
Current Price: Around $147.22 USD
Performance (Past Month): +39.04% gain
All-Time High: $295.00 (reached on January 19, 2025) – SOL is currently about 50% below that level
Source: TradingView
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📊 Technical Analysis
General Trend: Mixed technical signals – some indicators suggest a bullish trend, others remain neutral or slightly bearish
Source: Investing.com
Chart Pattern: A potential inverse head and shoulders pattern may indicate an upcoming bullish reversal
Source: CCN
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🌐 Market Factors
Global Liquidity: A recent $138 billion stimulus from China may increase liquidity, benefiting risk assets like SOL
U.S. Federal Reserve: Potential rate cuts could push investors toward crypto assets for higher returns
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🔮 Future Outlook
Short-Term: If SOL breaks resistance at $152.58, it could target $160–$187 in the near term
Long-Term: Price predictions suggest an average of $722.85 by 2029, and possibly $1,113 by 2030
Source: Changelly