%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment Solana (CRYPTO: $SOL ) has formed a bullish trading pattern known as a "double bottom" that could signal a significant price increase is on the way. SOL has risen 6% over the past week as investor confidence returns to the crypto market, bringing its market capitalization to over $50 billion U.S. Solana's price has gained along with other digital assets as tensions in the Middle East ratchet down and the price of crude oil steadies. The token is also benefitting from institutional adoption, with Goldman Sachs (NYSE: $GS ) recently disclosing that it holds $108 million U.S. in spot Solana exchange-traded funds (ETFs). Chart experts say that Solana is now in the process of completing a "double bottom" pattern, which is a set-up that typically signals a bullish reversal or breakout higher. For Solana, the key price to watch is $97.80 U.S., which is about 10% above the current price. A decisive breakout above that level could position SOL for a rise to $120 U.S. or higher, with no more major resistance levels in its way. Solana is currently trading at $88.79 U.S., having risen 5% in the past 24 hours.