WILL SOLANA'S PRICE CONTINUES TO DECLINE!
Solana's price has been experiencing a significant correction since reaching its all-time high of $263 in November. According to crypto analyst Crypto Sensei, the price could drop to as low as $167 before the year ends, targeting the 200 Exponential Moving Average (EMA).
Another analyst, Fred, suggests that Solana is approaching a decision point, with a potential drop to $162. However, he also believes that Solana still has enough momentum for another rally above $300 in the next couple of months.
Looking ahead to 2025, experts predict that Solana's price will range from $184 to $555, with some predicting highs of up to $750.
VanEck, an investment management firm, offers a range of predictions, including a bearish scenario with 2025 lows around $200 and up to $3,211 by 2030.
It's essential to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.
While some experts predict a decline in Solana's price, others see potential for growth.
Key Predictions:
Short-term:Potential drop to $167 or $162
2025: Price range of $184 to $555, with potential highs of up to $750
Long-term:Potential peak price of $1,000 to $2,000 before 2030$SOL