logo
welcome
CoinGape

CoinGape

Solana Price: Will SOL Hit $1k ?

CoinGape
Summary
Nutrition label

69% Informative

Solana coin witnessed a bullish turnaround in September’s second week , uplifting its price from $120 to $139 — a 16.5% increase.

The recovery followed the market anticipation of the upcoming Breakpoint Conference 2024 in Singapore , scheduled for the 20th and 21st of this month .

The mid-term trend in Solana price prediction remains sideways amid the formation of a bull-flag pattern.

If the market recovery strengthens, the SOL price could rally 40% before challenging the major resistance of the flag pattern.

A potential breakout will intensify the bullish momentum and drive a rally to $ 275 .

VR Score

53

Informative language

43

Neutral language

54

Article tone

formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links