- With increasing strength, SOL may hit $39, according to Michaël van de Poppe.
- A correction to $26 is likely as indicated by the MFI and AO.
- If SOL support holds at $30.94, a jump toward $40 could be possible.
Crypto analyst Michaël van de Poppe told his 669,400 X (formerly Twitter) that they should not be astonished if Solana (SOL) rises to $36 or as high as $39. According to van de Poppe, who is also the founder of MN Trading, SOL has shown solid strength in the past few weeks.
He also mentioned that the token’s strength would not wane anytime soon. Previously, Coin Edition had reported on Solana’s mind-blowing performance, which made it the best-performing asset out of the top 10.
Request 04 – $SOLSolid strength, solid upwards trend.
Wouldn't be surprised if we reach $36-39 on this one.
If the markets make a deeper correction, I'd be keen to get some $SOL at $26-28. pic.twitter.com/RjhQAT8yx4
— Michaël van de Poppe (@CryptoMichNL) October 27, 2023
However, van de Poppe mentioned that there could be a correction for SOL that leads the token between $26 and $28. As per the 4-hour SOL/USD chart, the previously, largely bullish market structure has bee…
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