Van de Poppe Sees SOL Rallying to $100-$120
Solana (SOL) has bounced back from its correction against Bitcoin (BTC), confirming a higher low according to analyst Michaël van de Poppe. The price rebounded by 5% after testing a region, which Van de Poppe sees as a prime accumulation window rather than during the prior pump phase.
On the 4-hour chart, SOL's price is holding above both its EMA50 at $74.88 and EMA200 at $74.94. The MACD has registered a bullish golden cross at 0.8, while the RSI is neutral at 60.49, and the price is still inside the Bollinger band.
This confluence of indicators reinforces Van de Poppe's prediction that SOL will reach $100-120 in the coming months, as long as the higher-low structure holds.