![Solana Shows Imminent Breakout from Inverted Head and Shoulders Pattern; Analyst Predicts SOL Could Reach This Level](https://captainaltcoin.com/wp-content/uploads/2024/01/image-768.png)
Solana’s price currently sits at $109 after starting to rally again in late January. Last year, SOL began increasing in September before many other altcoins, significantly outperforming major cryptocurrencies. The rally cooled off in December when prices retreated. The September SOL surge had sparked similar bullish moves for other altcoins in October.
Now, SOL is on the rise since end-January, setting the pace again as other altcoins turned bullish in recent days.
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Show more +Expert Advises Buying More SOL Under $150
Crypto expert Johnny recently allocated a large part of his net worth into a new Solana position. He thinks purchasing under $150 will be considered “cheap” in the coming weeks. Johnny sees Bitcoin breaking out soon, but expects “Solana to outperform Bitcoin by a 10:1 ratio over next 12-18 months.” He predicts Solana hitting over $600 in that timeframe.
![](https://captainaltcoin.com/wp-content/uploads/2024/02/image-391-1024x472.png)
Johnny’s analysis indicates Solana undergoing major gains in the next year relative to Bitcoin. He advises traders take the current SOL price under $150 as an opportunity to buy more before further runs. His price target of $600+ suggests massive upside of around 450% within 12-18 months.
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