Top analyst predicts 53% upside for Solana (SOL)
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Martinez urged investors and stakeholders alike to focus on the lower and upper resistance levels of $143 and $178, respectively. This will help prospective investors measure the direction of Solana even as an optimistic growth trajectory has been projected.Solana’s performance in the altcoin ecosystem is hinged on several factors including a growing valuation, setting it as the sixth-largest digital currency in terms of market capitalization.
The performance in the coming days for Solana might prove some recent negative predictions made by industry stakeholders. The financial giant JPMorgan Chase has taken a pessimistic outlook on Solana and other altcoins. According to JPMorgan, there are doubts about the prospect for either Solana or other crypto ETFs.
Market watchers are maintaining cautious optimism on Solana based on this prediction to see how they can profit from its price movement.Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments.
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