SOL could reach $200: what levels determine the growth

robot
Abstract generation in progress

Analysts and experienced traders are actively discussing the potential of Solana in the market. Currently, SOL is trading at $127.83, but some experts believe this is just the beginning of a larger move.

One trader is an expert who expects that Solana among the “three main” coins shows the most confident development. From a technical perspective, the price may test the $160 level as the first target. If the trend maintains strength and Bitcoin stays above $90,000 ( and the current BTC price is close to this level — $90.32K ), then Solana could theoretically rise to the $200 mark.

Why now is considered a good time to enter

A trader is a market position, and experience shows that the best entry point is often created when most market participants have not yet decided on a direction. Until a consensus is formed around the reasons for long positions, this is when the most favorable entry conditions can be obtained. This aligns with the classic principle: buy when others are doubtful.

Current market expectations

Experts’ opinions focus on Bitcoin’s resilience. If BTC can hold around $90,000, it will create a positive background for altcoins, especially Solana. In such a scenario, growth from the current $127.83 to $160 looks feasible, and further movement to $200 will become a logical completion of the trend.

The key question is the stability of the base. Everything depends on whether major market players can maintain support at critical levels.

SOL0,79%
BTC-1,42%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)