Solana is showing steady growth and is trading around $246-247, having gained more than 10% over the past week. With a market cap exceeding $13 billion, SOL remains among the top five cryptocurrencies. Technical indicators support the bullish sentiment: EMA is below the current price, MACD is crossing in the green zone, and key support levels are at $235-238 and $220. Resistance is concentrated at $250; a confident breakout could open the way to $260-265. Additionally, on-chain factors support the growth scenario, and the short-term picture remains positive if the price stays above $240.
Grok forecasts should be considered as indicative: cryptocurrency rates remain highly volatile, and external factors such as regulatory changes or geopolitical events can significantly affect price dynamics.
The AI modeled several possible scenarios for SOL for 100 days:
- Bullish scenario: growth to $300 with active technology adoption and positive market news.
- Neutral scenario: movement to $250 with moderate fluctuations and consolidation.
- Bearish scenario: a drop to $200 or lower amid regulatory uncertainty or a general market correction.
For traders, Grok forecasts can be a useful tool to assess potential price movements faster than traditional analysts. However, relying solely on such forecasts is not recommended: a comprehensive market assessment and your own research, as well as careful risk management, are important.
Elon Musk's neural network has previously made forecasts about the continuation of the bull run, demonstrating the capabilities of AI in analyzing the cryptocurrency market. Grok continues to attract the interest of experts and enthusiasts, providing new data and development scenarios for key assets, including Solana.
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