Krutika Adani
Solana’s price has recovered from the lows of the recent correction despite a bearishness in the border markets.
With a decisive move, Solana’s price has jumped above its critical levels of $125, resting at $134 at press time.
Above the price level of $148, we expect a move towards $154 and ultimately crossing $200. However, this is only possible if the markets are bullish in the near term and supportive of Solana’s growth.
Solana might soon reach its last month's high of $162. This will be a crucial stepping stone before the crypto reaches a new yearly high above $210.
The upcoming Fed meeting and the US elections are two key events that can make or break the crypto markets.