{"id":631865,"date":"2024-07-27T14:00:43","date_gmt":"2024-07-27T14:00:43","guid":{"rendered":"https:\/\/ktsl888.com\/?p=631865"},"modified":"2024-07-27T09:53:56","modified_gmt":"2024-07-27T09:53:56","slug":"analyst-predicts-solana-rise-to-1400-as-similarities-with-july-2021-emerge","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/analyst-predicts-solana-rise-to-1400-as-similarities-with-july-2021-emerge\/","title":{"rendered":"Analyst Predicts Solana Rise To $1,400 As Similarities With July 2021 Emerge"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinist.com\/dogecoin-whales-buying-millions\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Crypto analyst Ali Martinez<\/span><\/a><span style=\"font-weight: 400\"> has identified similarities between Solana\u2019s current price action and <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-shatters-profit-taking-streak-2021-bull-run\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">the 2021 bull run<\/span><\/a><span style=\"font-weight: 400\">. Based on his analysis, Solana (SOL) could rise above $1,000 if it mirrors its move from 2021.\u00a0<\/span><\/p>\n<h2><b>Solana Could Rise To As High As $1,400<\/b><\/h2>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/solana-set-for-900-rally-with-breakout-from-this-pattern-analyst\/\" target=\"_blank\" rel=\"noopener \">Solana Set For 900% Rally With Breakout From This Pattern \u2014 Analyst<\/a><\/div>\n<p><span style=\"font-weight: 400\">Martinez predicted that <\/span><a href=\"https:\/\/ktsl888.com\/news\/solana\/solana-headed-to-100\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">Solana<\/span><\/a><span style=\"font-weight: 400\"> could rise to as high as $1,400, revealing that Solana is looking \u201ca lot like July 2021.\u201d July 2021 was when SOL began its parabolic run in the last market cycle, going from about $30 to its <\/span><a href=\"https:\/\/bitcoinist.com\/bitcoin-breaks-through-69000-setting-new-record\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">current all-time high<\/span><\/a><span style=\"font-weight: 400\"> (ATH) of $260 in November 2021.\u00a0<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-631866\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_46635e.png?resize=519%2C286\" alt=\"\" width=\"519\" height=\"286\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_46635e.png?w=519 519w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_46635e.png?w=460 460w\" sizes=\"auto, (max-width: 519px) 100vw, 519px\"><\/p>\n<p><span style=\"font-weight: 400\">Based on the chart Martinez shared, Solana is again at that breakout point where it could enjoy a massive rally and rise by over 700% to $1,400. Interestingly, the analyst predicts SOL could reach this <\/span><a href=\"https:\/\/bitcoinist.com\/solana-price-could-skyrocket-bullish-chart-pattern\/#:~:text=Solana%20Price%20At%20A%20Glance,in%20the%20past%20seven%20days.\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">price target<\/span><\/a><span style=\"font-weight: 400\"> by November. However, it is worth mentioning that SOL didn\u2019t enjoy its 2021 parabolic rally until the following year after the <\/span><a href=\"https:\/\/bitcoinist.com\/breaking-bitcoin-halving-2024-complete-what-expect\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">halving event<\/span><\/a><span style=\"font-weight: 400\"> in that market cycle.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">As such, Solana may not enjoy such a run until the latter parts of this bull run. Whatever happens, Martinez is confident that SOL will rise above $1,000. Before now, he <\/span><a href=\"https:\/\/bitcoinist.com\/solana-price-could-skyrocket-bullish-chart-pattern\/#:~:text=Solana%20Price%20At%20A%20Glance,in%20the%20past%20seven%20days.\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">stated<\/span><\/a><span style=\"font-weight: 400\"> that early signs of a breakout from a bull pennant suggest a potential 900% rally ahead for Solana as it climbs above $1,000.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">More recently, the analyst also alluded to a CoinGecko survey, which revealed that only 10.6% believe Solana can rise above $1,000. Based on his prediction, Martinez <\/span><a href=\"https:\/\/x.com\/ali_charts\/status\/74968104\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">mentioned<\/span><\/a><span style=\"font-weight: 400\"> that he would \u2018bet the house\u2019 on Solana reaching this milestone.\u00a0<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-631867\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_f088d5.png?resize=506%2C442\" alt=\"\" width=\"506\" height=\"442\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_f088d5.png?w=506 506w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_f088d5.png?w=460 460w\" sizes=\"auto, (max-width: 506px) 100vw, 506px\"><\/p>\n<p><span style=\"font-weight: 400\">Solana undoubtedly boasts a bullish outlook, and it is no surprise that analysts like Martinez are confident that the crypto token could reach such heights. SOL has continued to make its mark in this bull run and even <\/span><a href=\"https:\/\/ktsl888.com\/news\/solana\/solana-chasing-bnb-chain-race-to-5-market-dominance-heats-up\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">recently flipped BNB<\/span><\/a><span style=\"font-weight: 400\"> to become the fourth-largest crypto token by market cap. <\/span><\/p>\n<p><span style=\"font-weight: 400\">It is worth mentioning that Solana is currently outperforming Bitcoin and Ethereum in this market cycle, and crypto analysts like Borovik have <\/span><a href=\"https:\/\/x.com\/3orovik\/status\/55937397\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">raised<\/span><\/a><span style=\"font-weight: 400\"> the possibility of SOL flipping ETH.\u00a0<\/span><\/p>\n<figure style=\"width: 1835px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/OYBuX8uq\/\" width=\"1835\" height=\"883\"><figcaption class=\"wp-caption-text\">Solana is now trading at $186.9. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<h2><b>Solana\u2019s Price Target In The Short Term\u00a0<\/b><\/h2>\n<p><a href=\"https:\/\/bitcoinist.com\/bitcoin-price-left-danger-zone\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">Crypto analyst Rekt Capital<\/span><\/a><span style=\"font-weight: 400\"> recently suggested that Solana could rise to $202 soon enough. This follows his <\/span><a href=\"https:\/\/x.com\/rektcapital\/status\/56131685\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">recent analysis<\/span><\/a><span style=\"font-weight: 400\">, in which he noted that SOL looks to have successfully retested the $180 support level. He added that <\/span><a href=\"https:\/\/ktsl888.com\/analysis\/solana-price-sol-climbs-185\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">Solana<\/span><\/a><span style=\"font-weight: 400\"> will be able to revisit the $202 resistance level over time if it can continue to hold $180 as its new support.\u00a0<\/span><\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-631868\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_cee445.png?resize=517%2C362\" alt=\"\" width=\"517\" height=\"362\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_cee445.png?w=517 517w, https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/07\/a_cee445.png?w=460 460w\" sizes=\"auto, (max-width: 517px) 100vw, 517px\"><\/p>\n<p><span style=\"font-weight: 400\">Rekt Capital <\/span><a href=\"https:\/\/ktsl888.com\/news\/solana\/200-crypto-pundit-solana-price\/\" target=\"_blank\" rel=\"noopener \"><span style=\"font-weight: 400\">previously mentioned<\/span><\/a><span style=\"font-weight: 400\"> that a successful retest of the $180 price level as new support for Solana could enable a <\/span><a href=\"https:\/\/bitcoinist.com\/solana-ethereum-sol-targets-2800\/\" target=\"_blank\" rel=\"noopener nofollow\"><span style=\"font-weight: 400\">trend continuation to the upside<\/span><\/a><span style=\"font-weight: 400\">. As such, Solana could retest the $202 resistance level and even enjoy a successful breakout from that range, which would put its current ATH in sight.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/bitcoin-supply-drop-signals-upbeat-price-movement-analyst-says\/\" target=\"_blank\" rel=\"noopener \">Bitcoin Supply Drop Signals Upbeat Price Movement, Analyst Says<\/a><\/div>\n<p><span style=\"font-weight: 400\">At the time of writing, Solana is trading at around $184, up over 4% in the last 24 hours, according to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/solana\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> from CoinMarketCap.\u00a0<\/span><\/p>\n<p><em>Featured image from Reddit, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto analyst Ali Martinez has identified similarities between Solana\u2019s current price action and the 2021 bull run. Based on his analysis, Solana (SOL) could rise above $1,000 if it mirrors its move from 2021.\u00a0 Solana Could Rise To As High As $1,400 Related Reading: Solana Set For 900% Rally With Breakout From This Pattern \u2014 Analyst Martinez predicted that Solana could rise to as high as $1,400, revealing that Solana is looking \u201ca lot like July 2021.\u201d July 2021 was when SOL began its parabolic run in the last market cycle, going from about $30 to its current all-time high (ATH) of $260 in November 2021.\u00a0 Based on the chart Martinez shared, Solana is again at that breakout point where it could enjoy a massive rally and rise by over 700% to $1,400. Interestingly, the analyst predicts SOL could reach this price target by November. However, it is worth mentioning that SOL didn\u2019t enjoy its 2021 parabolic rally until the following year after the halving event in that market cycle.\u00a0 As such, Solana may not enjoy such a run until the latter parts of this bull run. Whatever happens, Martinez is confident that SOL will rise above $1,000. Before now, he stated that early signs of a breakout from a bull pennant suggest a potential 900% rally ahead for Solana as it climbs above $1,000.\u00a0 More recently, the analyst also alluded to a CoinGecko survey, which revealed that only 10.6% believe Solana can rise above $1,000. Based on his prediction, Martinez mentioned that he would \u2018bet the house\u2019 on Solana reaching this milestone.\u00a0 Solana undoubtedly boasts a bullish outlook, and it is no surprise that analysts like Martinez are confident that the crypto token could reach such heights. SOL has continued to make its mark in this bull run and even recently flipped BNB to become the fourth-largest crypto token by market cap. It is worth mentioning that Solana is currently outperforming Bitcoin and Ethereum in this market cycle, and crypto analysts like Borovik have raised the possibility of SOL flipping ETH.\u00a0 Solana\u2019s Price Target In The Short Term\u00a0 Crypto analyst Rekt Capital recently suggested that Solana could rise to $202 soon enough. This follows his recent analysis, in which he noted that SOL looks to have successfully retested the $180 support level. He added that Solana will be able to revisit the $202 resistance level over time if it can continue to hold $180 as its new support.\u00a0 Rekt Capital previously mentioned that a successful retest of the $180 price level as new support for Solana could enable a trend continuation to the upside. As such, Solana could retest the $202 resistance level and even enjoy a successful breakout from that range, which would put its current ATH in sight.\u00a0 Related Reading: Bitcoin Supply Drop Signals Upbeat Price Movement, Analyst Says At the time of writing, Solana is trading at around $184, up over 4% in the last 24 hours, according to data from CoinMarketCap.\u00a0 Featured image from Reddit, chart from TradingView<\/p>\n","protected":false},"author":594,"featured_media":631870,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,1558,4735,3505,12837,83626,86410],"class_list":["post-631865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-cryptocurrency","tag-price-action","tag-price-analysis","tag-sol","tag-solana","tag-solusd"],"acf":[],"yoast_head":"\n<title>Analyst Predicts Solana Rise To $1,400 As Similarities With July 2021 Emerge<\/title>\n<meta name=\"description\" content=\"Crypto analyst Ali Martinez has identified similarities between Solana\u2019s current price action and the 2021 bull run. 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