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Solana Breakthrough - Where is the Price Heading?

Cryptodnes2024/06/14 18:49
By:Cryptodnes

A crypto analyst known as Credible Crypto shared his opinion that if Solana (SOL) fails to hold $140 as a support, it could collapse.

Looking at his chart, he shared a guess that SOL it may remain in an uptrend and reach $230 before turning bearish.

Next, the analyst hard , that Bitcoin's current bullish trend ( BTC ) may end if it fails to maintain $60,000 in support:

We didn't end up going through the bottom of the range head-on and my initial downside target for BTC has already been reached. Asking remains at $62,000-$65,000 levels. Bids came in above the price at $67,000-$68,000. At this point, BTC and most of the altcoins I'm watching have hit the downside targets I've been looking for…

BTC has some room to work as just below $60,000 things look worrisome.

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Credible Crypto added , that Bitcoin could bounce back after hitting the lower levels and rise to around $77,000.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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