Solana Price Predictions Point to Potential Rally to $120

Solana's native token has been struggling lately, and its price has dropped by 8% over the last 30 days to around $73.70.

However, some analysts believe that a resurgence is still possible if certain critical levels are maintained.

The most significant support level for SOL is around $76, according to Michael van de Poppe, who predicts a breakout above this level could trigger a rally to as high as $120.

X user BATMAN also pointed out that SOL's valuation has neared a bullish trendline that has supported past major bottoms.

Pepesso, on the other hand, thinks that the asset has one of 'the cleanest setups in crypto right now', with the zone between $45-$60 being crucial. They noted that as long as $45 holds, this remains a clean accumulation setup.