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In case u missed it - Kraken Bullish on SOL - says 225% rally coming early 2022 (Patreon)

Published:

2021-12-13 21:06:34

Imported:

2022-03

Content

The report also explains why a long consolidation period is bullish for SOL.

“As with many other chart patterns, the longer it takes for SOL to trend higher while also retaining the wedge’s uptrending line as support, potentially the higher SOL could travel before ultimately cooling off and entering into a downtrend.”

Based on Kraken’s chart, an abrupt Solana resurgence could propel the large-cap crypto asset above $600 by January 2022, suggesting a potential upside of over 255% rally from its current price of $169.

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Solana Gearing Up for 255% Rally Early Next Year: Crypto Exchange Kraken - The Daily Hodl

Crypto exchange Kraken is saying that Ethereum competitor and smart contract platform Solana (SOL) could be jockeying for a strong rally by early 2022. In a recent report, Kraken says that Solana has been trading within a large bullish pattern dating as far back as 2020.