Image Source: Pexels

We want to update Solana with ticker SOLUSD chart from August 08, where we mentioned and highlighted a correction within an ongoing five-wave bullish impulse towards the all-time highs area. We talked about subwave 4 correction that can send the price higher for wave 5 of (3).

SOLUSD Daily Chart From August 08

As you can see today on November 15, Solana is nicely extending the rally within wave 5 of (3) and there can be easily space and time towards the 260 all-time highs area, because wave 5 should be finished by a five-wave cycle of the lower degree. We actually see room up to 300 area or higher, just be aware of a lower degree subwave "iv" pullback around the all-time highs area before a bullish continuation for the final subwave "v" of 5 of (3).

SOLUSD Daily Chart From November 15

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