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Crypto Analyst Predicts Solana Could Follow Ethereum's Parabolic Price Pattern

July 4 (Cointime) - According to a popular anonymous crypto trader, Solana (SOL) may follow the same price pattern as Ethereum (ETH) did in 2020-21. The trader suggests that Solana's price action is similar to ETH before it surged from $400 to nearly $5,000 in a matter of months.

The trader's chart indicates that Solana could reach new all-time highs after breaking the resistance of $60. Another well-known anonymous analyst, Kaleo, is also bullish on Solana and believes it will move to the upside against Bitcoin (BTC).

Bitcoin Bitcoin $93,840.16
-4.15%
Solana Cryptocurrency Ethereum
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