"Fulamak is high just the expected price, can it be achieved?"
Solana (SOL) has undoubtedly become one of the most interesting cryptocurrencies for investors this year as its price managed to climb to $79.50 on December 15, 2023 before falling back a bit.
After the price of SOL has climbed 650% from $10 in early 2023 to over $79, some analysts truly believe the bullish momentum for the digital asset is far from over.
According to leading crypto analyst Ali Martinez in his X account, the price of SOL needs to maintain its position above $68.20 to continue its rise towards $90 or more.
While a crypto analyst called Deftsuo is of the opinion that SOL will make a significant jump in the near future, where he expects the price to have the potential to break through the next resistance zone at $100.
Not only that, other digital asset experts are also very optimistic when suggesting that SOL is on the verge of a new all-time high price.
User X Crypto King thinks SOL may reach $300 in the long term while Canfield predicts the price will reach $1,000, so both individuals advise many people to diversify their investments in either Ethereum (ETH) or SOL.
By observation, SOL needs to break its strong resistance zone at $80 first to continue higher, but if it fails then the price can slide back to $66 followed by $51.
As of this writing, SOL price is trading at $68.91 still recording a 4.48% gain in the last 24 hours with a market capitalization of $29 billion but still gained 1.08% over the last week.