The pseudonymous merchant named Smart Contract recount its 174,900 Twitter followers that Solana (SOL) will outperform both ETH and Bitcoin (BTC).
Its target price is now $ 900 – an appreciation of over 360% from SOL’s current value.
The trader, who relies mainly on Elliot’s wave theory, this Solana is bullish when paired with Ethereum, which is itself bullish when paired with Bitcoin.
Elliot Wave Theory is a method of identifying the direction of assets using crowd psychology, which tends to manifest on charts as a series of waves.
“Monthly reminder of $ 900 Solana (SOL) is not a joke, it will happen…
ETH / BTC looks bullish, SOL / BTC looks bullish, but SOL / ETH also looks bullish, so naturally SOL is my biggest bag and I think it outperforms BTC and ETH.
According to CoinGecko, Solana is trading at $ 192 at the time of writing, down about 10% from its September high.
Smart Contract this he believes Solana’s recent resurgence is only just beginning after altcoin broke through two key resistance levels.
“I managed to break SOL’s downtrends to two different degrees, this bad boy is running when he starts and he’s only just starting here. “
The best crypto trader this Last month, Solana began to exhibit similar graphical behavior to Binance Coin (BNB), which jumped more than 1,600% to a record high between January and May of this year.
The this that if Solana reproduces the BNB model, a price of $ 900 is in the cards.
“Same vibrations, same story…
If SOL follows BNB’s run, it can go up to $ 900. “
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