Dogelon Mars Price Prediction: ELON Plummets 18% As Experts Say Consider This Solana Meme Coin ICO That Might 100X

The
Dogelon
Mars
price
plummeted
18%
in
the
last
24
hours
to
trade
at
$0.0000002470
as
of
02:34
a.m.
EST
on
trading
volume
that
plunged
32%
to
$24.6
million.

Dogelon
Mars
Price
Currently
Bearish

The

ELON
price

analysis
on
the
4-hour
chart

displays
a
sharp
decline
following
a
significant
spike
earlier.
This
parabolic
rally
faced
rejection
near
the
$0.0000005500
level,
marking
it
as
a
critical
resistance.

Following
the
spike,
the
Dogelon
Mars
price
entered
a
downward
trajectory,
forming
a
rounded
top
pattern.
This
bearish
pattern,
coupled
with
the
recent
breakdown
below
the
50-period
Simple
Moving
Average
(SMA),
indicates
weakness
in
momentum.

Currently,
the
price
of
Dogelon
Mars
is
trading
near
the
200-period
SMA,
which
is
acting
as
a
dynamic
support
level
around
the
$0.0000002336
zone.
The
inability
to
sustain
above
the
50-period
SMA
and
the
downward
slope
of
the
recent
price
action
suggest
bearish
sentiment.
The
rounded
top
further
implies
sellers
are
in
control.

Meanwhile,
the
Relative
Strength
Index
(RSI)
is
at
30.03,
indicating
oversold
conditions.
While
this
could
lead
to
a
temporary
relief
rally,
the
RSI’s
steady
decline
suggests
that
bearish
momentum
remains
strong.
Traders
should
monitor
if
the
RSI
rebounds
above
40
for
a
potential
shift
in
sentiment.

ELON/USDT
Chart
Analysis
(Tradingview)

ELON
Price
Prediction

If
the
price
breaks
below
the
200-period
SMA
at
$0.0000002336,
the
next
immediate
support
level
lies
around
$0.0000001508.
A
sustained
break
below
this
could
push
the
price
toward
the
$0.0000001000
psychological
level.

Oversold
RSI
conditions
may
lead
to
a
relief
rally.
If
the
price
manages
to
reclaim
the
50-period
SMA
at
$0.0000003053,
it
could
target
the
$0.0000003500
resistance
level.

As
the
ELON
price
slumps,
investors
are
buying
into
a
new
layer-2
Solana
meme
coin
called


Solaxy
(SOLX).
According
to
99Bitcoins,
a
popular
crypto
YouTube
channel
with
over
723K
subscribers,
Solaxy
has
the
potential
to
soar
100X
after
its
launch.

Solaxy
Presale
Headed
For
$16
Million
In
Presale

Solaxy
has
raised
over
$15.3
million
in
slightly
more
than
a
month,
showcasing
remarkable
investor
demand
for
the
innovative
project.

Solaxy
is
a
Solana
layer-2
solution
that
is
designed
to
enhance
speed,
scalability,
and
efficiency
within
the
Solana
ecosystem.
The
project
addresses
key
issues
such
as
network
delays
and
transaction
failures
while
simultaneously
leveraging
Solana’s
inherent
strengths.

The
project
also
provides
an
optimized
user
experience
tailored
to
the
growing
demands
of
the
blockchain
industry
while
focusing
on
performance
and
customization.

????
Solaxy
is
now
live
in
Upcoming
Tokens!
????@SOLAXYTOKEN
gives
holders
an
opportunity
to
join
the
first-ever
Solana
Layer
2
blockchain.

Solaxy
is
set
to
enhance
blockchain
innovation
through
limiting
congestion,
reducing
failed
transactions,
and
improving
scalability
on
SOL.…

pic.twitter.com/satNF6zFNF

—
Best
Wallet
(@BestWalletHQ)

December
17,
2024

Additionally,
Solaxy
bridges
Solana
with
Ethereum,
combining
the
best
features
of
two
of
the
most
prominent
networks
in
the
crypto
space. 

By
leveraging
Ethereum’s
liquidity
and
security
alongside
Solana’s
speed
and
scalability,
Solaxy
will
create
a
robust
ecosystem
tailored
to
accommodate
the
growing
demands
of
the
decentralized
finance
(DeFi)
and
meme
coin
communities.

Buyers
of
the
SOLX
token
can
also
earn
passively
on
the
platform,
with
a
flattering
257%
APY
currently
on
offer.

Investors
interested
in
participating
in
the
presale
can
visit
the
official
Solaxy
website
to
buy
SOLX
tokens
at
$0.001616
each
using
BNB,
ETH,
USDT,
or
a
bank
card.

Buy
SOLX
here
before
an
imminent
price
hike
in
21
hours
to
secure
the
best
deal.

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