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Solana (SOL) could be poised to climb as high as $620 in the coming months, according to a trading analyst who also sees the potential for the DeFi asset to rally all the way to $1,000. This bullish outlook comes as SOL recovers from a dip on June 6, when it touched the weekly low of $141. As of press time, the token was trading at $149.52, down 1.5% over the past 24 hours. SOL one-week price chart. Source: Finbold Solana is facing short-term bearish pressure, with the price lingering below the 50-day simple moving average (SMA) of $161 and the 200-day SMA at $164.19. A decisive break above the 200-day SMA could confirm a trend reversal and ignite renewed bullish momentum. The 14-day relative strength index (RSI) is 40.14, indicating mild bearish pressure without entering oversold territory. SOL’s path to $620 From a technical standpoint, analyst Master Ananda shared a TradingView post on June 6 outlining a potential path for SOL to reach $620, with a min...

Ethereum (ETH) has faced a challenging year, emerging as the worst-performing cryptocurrency among the top five, with a year-to-date decline of 20%.  Currently trading at $2,710 the asset has struggled to gain momentum even during broader market recoveries. Ethereum year-to-date price chart. Source: Finbold However, key network indicators suggest potential signs of a turnaround, with Ethereum transaction fees dropping to $0.41 per transfer, their lowest level since August 2024.  Picks for you XRP whales go on a buying spree; Here are key price levels to watch 1 hour ago Dave Portnoy nets huge profit from Solana meme coin GREED before 99% crash 3 hours ago ...

Cardano (ADA) has yet to experience bullish momentum, a noteworthy bullish path that pushes the crypto to new price levels. Despite boasting massive community support, ADA has long struggled to gain firmer ground. As Bitcoin scales to $70K, investors cannot help but wonder when ADA will spike to new price levels, and we may have a new answer to this question, thanks to a notable cryptocurrency analyst. Also Read: Here’s How High Bitcoin (BTC) May Soar This Weekend After Acing $70K Analyst Reveals New Date For Cardano To Adapt To A New Bullish Pace Source – Zipmex Notable cryptocurrency analyst Ali has shared a new update on X. Talking briefly about Cardano, Ali shared how the token is up for a massive price run very soon. Cardano has had a rough year trading at lower levels, unable to break past the critical price barriers of $0.30-$0.40. ADA is at $0.35 at press time, up 3% in the last 24 hours. Cardano has noted a modest spike in the current period, primarily due to Bitcoin...