- Johny, a popular trader and analyst, predicted yesterday that SOL’s price may break out towards the upside.
- At press time, the analyst’s prediction seems to have come true, as SOL was up more than 8%.
- Should SOL continue to rise, then it may rise to the next resistance level at $63.79.
The trader and analyst Johnny predicted in an X post yesterday that the price of Solana (SOL) is “looking ready to rip higher.” According to the post, the first level that the Ethereum-killer will need to overcome is the $59.91 resistance level.
$SOL looking ready to rip higher https://t.co/vcmlgxddHw pic.twitter.com/jXeHLRsekg— Johnny (@CryptoGodJohn) November 18, 2023
Should SOL break above $59.91, then the next target that the analyst has set for SOL’s price is $63.79. Johnny did, however, set a downside target of $51.23 for the altcoin’s price if it breaks below a support zone between $54 and $56.
The analyst’s prediction seems to have come true, as SOL was up more than 8% over the past 24 hours. According to data from the cryptocurrency market tracking website CoinMarketCap, SOL was changing hands at $60.51 at press time. This was after the cryptocurr…
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