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Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) price -Breaking

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If Bitcoin is a good thing, a higher-timeframe analysis suggests a $90 Solana price (SOL).

(SOL) price has begun to consolidate in a tightening range and if the wider market remains stable, it’s possible that SOL could break out in the short-term.

SOL’s upside potential in the short term could be significant with the move, itself, occurring quickly. It is very clear that the 2022 Volume Profile, between $53-$90, is quite thin. This means that any daily close higher than $53 could easily lead to the $90 volume area.

SOL/USDT Chart Daily (Binance). Source: TradingView
SOL/USDT Daily Ichimoku Kinko Hyo (Binance) Source : TradingView
SOL/USDT Daily Ichimoku Kinko Hyo (Binance) Source : TradingView