Analyst Predicts Strong Finish for Solana (SOL) and Other Altcoins in 2024
The crypto market is buzzing with excitement as a popular analyst predicts a strong finish for Solana (SOL) by the end of 2024. Altcoin Sherpa, known for his accurate predictions, believes that SOL is showing a healthy market structure and is poised for a breakout in the coming months.
With Solana currently trading at $136, Altcoin Sherpa sees the potential for the top-10 altcoin to reach between $120-$170 before making a strong run-up in Q4. Despite a slight dip in the last 24 hours, the analyst remains optimistic about SOL’s future performance.
In addition to Solana, Altcoin Sherpa also has his eyes on Celestia’s native asset (TIA) and Render (RNDR). He predicts that TIA could retest a Fibonacci retracement level at $5.80, while RNDR may start consolidating in a range between $6.10 and $7.50.
While TIA is currently trading at $6.38 and RNDR at $6.03, both showing a decline in the last 24 hours, Altcoin Sherpa remains patient and optimistic about their potential for growth.
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