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"Solana Cup and Handle Pattern Forms…$4000 Possible"

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Son Min
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  • An analyst stated that if Solana forms a cup and handle pattern, it could potentially reach $4000.
  • The success rate of this pattern is 61%, according to a renowned chart analyst.
  • This analysis presents a potential upward opportunity for Solana to virtual asset investors.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

There is a claim that Solana (SOL) could reach $4000 if it forms a cup and handle pattern.

On the 3rd (local time), virtual asset analyst Ali Martinez stated on X that "Solana is forming a cup and handle pattern" and "could reach $4000." He further explained, "This is not a vague claim," adding, "According to renowned chart analyst Thomas N. Bulkowski, the cup and handle pattern boasts a 61% success rate."

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit