This last week of October is showing why analysts are confident in the Solana price pump, as the price holds steady amid high market volatility. The SOL price moving closer to the $200 psychological level is fueling sentiment of a spike on a breakout.
According to the projection, the Solana price prediction is well within the realm of possibility to reach a new high on this final lap of the breakout this year. But while the talk of Solana’s price prediction continues, another asset is entering the price-spike discussion with a potential for 25x by January.
Here are all the factors investors and analysts are looking into for the Solana price spike, and what could be playing out with the new altcoin that’s exciting crypto analysts.
Solana Price Prediction Gets Renewed Support For Last Quarter Spike.
The Solana coin has remained a top focus since its massive price drive in January this year. Whereas the market volatility this year has put the Solana price prediction on a rough ride, it has shown a mix of bullish and bearish outlooks.
However, as the Solana coin shows signs of stability, analysts are drawing attention to a potential spike that could follow. This new outlook puts the Solana price prediction on a path that could see it hitting new highs beyond the $294 record earlier in the year.
Investors’ activities over the last few weeks have continued to drive stability into the coin, as discussions of ETFs and institutional buying top the agenda. Furthermore, analysts weighing in on the matter point to a setup that now shows the Solana coin might be primed for a breakout.
The weekly time frame shows an accumulation setup, which is now driving a Solana price prediction that many consider bullish. According to the Solana price prediction, the coin only needs to break beyond $210 to start a new round of uptrend.
What Remittix Could Be Building On For A Breakout This Coming Week
The Remittix token is already becoming a top name among the newcomers this year, with a support base accelerating its growth. However, while the Remittix token has already seen over 8x price growth, expert analysis now points to a larger spike forming.
This prediction is largely based on the coin’s current position, with an announcement expected in the coming days, as Remittix is set to list on top exchanges such as LBank, BitMart, and others.
The Remittix project builds on the industry’s pain point of cross-border payment, delivering:
- Fast and cheaper international payment
- Straight payment into bank accounts using a crypto asset transaction
- Over 30 fiat currencies are already supported to ensure worldwide coverage
Moreover, with the price already climbing to $0.11 in a short time, experts believe it could grow to 25x or more by January of next year as institutional support grows.
Discover the future of PayFi with Remittix by checking out their project here:
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