NewsletterSolana Price Megaphone Points to a Parabolic Move as SOL Treasuries Near $3B
Highlights
- Solana price has formed a giant megaphone pattern on the daily chart.
- This pattern often leads to a strong bullish breakout, which could see it hit the all-time high of $295.
- The amount of money in Solana treasuries has jumped to almost $3 billion.
Solana price pulled back today, Oct. 8, mirroring the performance of the broader crypto market, which pulled back as investors booked profits. Still, this pullback will likely be a good entry point as it has formed a giant megaphone pattern as SOL treasuries near the $3 billion milestone.
Frequently Asked Questions (FAQs)
1. What is the most likely Solana price forecast?
2. How high can the SOL price get?
3. What are the top catalysts for the SOL token?
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