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🔥 Day 8 Hot Topic: XRP ETF Goes Live
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nice
Solana is at one of the most exciting points in the crypto market right now, trading around $226. Daily and weekly charts show a bullish trend, with strong support at $200–$210 and initial resistance near $230–$240. If this resistance breaks, the next target could easily reach $260+.
Fundamentals and sentiment are both strong. Institutions like Grayscale, VanEck, and Fidelity have filed for a Solana Spot ETF, and the SEC decision is expected by October 10. Bitwise CIO Matt Hougan predicts an epic rise for SOL by year-end. Even a small ETF inflow could significantly boost SOL’s price.
My predictions:
Short-term (around ETF decision in October): SOL could reach $250–$280.
Year-end: In a bullish scenario with strong institutional inflows and adoption, SOL could target $350–$450, and if momentum remains very strong, even $500+ is possible.
Trading insight: I’m currently using a range breakout strategy—buying at dips near support and scaling out near resistance. This method has helped me capture the last rally without overexposure.
🌕 Mid-Autumn isn’t just about mooncakes—it’s about bright opportunities in crypto! 🚀
What’s your prediction? Will SOL cross $300 this year?
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