Solana gained nearly 60% between August 3 and September 18, with 26% of that coming in just 10 days when the token blew past its long-term resistance around $220 in the second week of September.
Read on for a crisp Solana price prediction. We’ve kept our technical analysis as objective as possible by calling in the big guns of AI – we asked ChatGPT for its expert take on where Solana could be headed next.
ChatGPT pointed out that Solana’s recent pullback came exactly at a major upward-sloping trendline, which has recently been the single biggest factor pushing Solana prices higher.
For example, this very trendline fueled a 60% rally back in June-July and also supported Solana’s August run-up, which saw the token reach for the magic $250 mark.
Since touching this trendline, Solana has already bounced over 15% in the last week.
If previous moves from this trendline are anything to go by, Solana could easily reach $300, which also happens to be just above its all-time high.
What’s even better is that ChatGPT’s analysis has been confirmed by leading crypto analysts.
Here’s the kicker now: while Solana can potentially double in the next few months, it’s still not the best crypto to buy right now, especially if you’re after those eye-popping gains.
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Disclaimer: The crypto market is super volatile. Kindly do your own research before investing. None of the above is financial advice.
