Mira Price Prediction: MIRA Plummets 75% As Traders Shift Focus To This Solana Meme Coin Rival For Its 632% Staking APY

The
Mira
price
plummeted
75%
in
the
last
24
hours
to
trade
at
$0.01401
as
of
02:15
a.m.
EST,
with
trading
volume
plunging
21%
to
$111
million.

This
comes
after
the
crypto
community
united
in
support
of
four-year-old
Mira
Chen,
who
is
suffering
from
a
rare
brain
tumor.
A
Solana
token,
MIRA,
created
by
a
crypto
trader
in
her
honor,
saw
its
market
value
soar
to
over
$80
million
within
five
hours
of
launch.

Mira
is
the
youngest
daughter
of
Runway
CEO
Siqi
Chen.

The
widespread
attention
and
support
from
the
crypto
world
came
after
Siqi
shared
her
journey
on
social
media.

After
the
dramatic
surge,
the
token
has
now
corrected,
dropping
75%.

Mira
Price
Bulls
Searching
For
A
Rebound
Position

The
Mira
price
chart
on
the
15-minute
timeframe
reveals
a
pronounced
falling
wedge
pattern.
The
upper
and
lower
trendlines
converge
as
Mira
price
action
narrows,
which
is
indicative
of
decreasing
volatility.

Falling
wedges
are
often
considered
bullish
reversal
patterns,
provided
a
breakout
occurs
at
the
upper
trendline.
However,


the
price
of
Mira

remains
trapped
within
the
wedge
and
tests
the
upper
boundary,
signaling
an
attempt
to
rebound.

According
to


GeckoTerminal

data,
the
overall
trend
is
bearish,
following
a
sharp
decline
from
a
local
high
above
$0.08
to
the
current
level
of
around
$0.014.
Lower
highs
and
lower
lows
dominate
the
structure,
reinforcing
the
downtrend.

The
50
Simple
Moving
Average
(SMA)
is
trending
downward
and
currently
sits
above
the
price
at
$0.019.
This
positioning
confirms
bearish
momentum
as
the
Mira
price
struggles
to
reclaim
the
support
of
SMA.
This
SMA
also
acts
as
dynamic
resistance,
capping
potential
upward
moves.

Meanwhile,
the
Relative
Strength
Index
(RSI)
stands
at
38.33,
which
is
in
the
bearish
zone.
However,
it
has
not
yet
entered
oversold
territory
(below
30).
This
suggests
there
may
still
be
room
for
further
downside
movement,
though
the
RSI
is
nearing
a
potential
bounce
zone
where
buyers
could
step
in.

Mira
Price
Prediction

If
the
Mira
price
manages
to
break
out
above
the
falling
wedge’s
upper
trendline
(around
$0.015-$0.016),
this
could
spark
a
bullish
reversal.
The
target
for
such
a
breakout
would
be
the
$0.019-$0.020
range,
aligning
with
the
50
SMA
and
the
next
resistance
level.

Conversely,
a
bearish
continuation
trend
is
likely
if
the
price
of
Mira
breaks
below
the
lower
boundary
of
the
wedge
pattern.
This
scenario
could
push
the
MIRA
price
to
retest
lower
support
levels
around
$0.012-$0.010.

As
the
Mira
price
plummets,
investors
are
snapping
up
the
new
Solana
meme
coin


Solaxy
(SOLX).

99Bitcoins,
a
popular
crypto
channel
on
YouTube
with
over
719K
subscribers,
says
it
might
soar
100X
after
launch.

Solaxy
Presale
Garners
Over
$6.1
Million
In
Less
Than
2
Weeks

Solaxy,
the
first
layer-2
solution
on
Solana,
has
raised
$6.1
million
in
just
13
days
since
launching
its
presale.
This
rapid
success
reflects
the
community’s
belief
in
Solaxy’s
potential
to
revolutionize
blockchain
technology.

Solaxy
is
not
just
another
cryptocurrency
project;
it
represents
a
groundbreaking
approach
to
solving
one
of
Solana’s
most
pressing
issues—network
congestion. 

Hey
everyone!
????
I
just
came
across
an
exciting
project
that’s
set
to
revolutionize
the
Solana
ecosystem:
Solaxy.
Let’s
dive
into
what
makes
this
Layer-2
solution
a
game-changer.
????

@SOLAXYTOKEN

pic.twitter.com/B1f506l5r4

—
Sammie
Ranking
(@Samuel__Martins)

December
24,
2024

Solaxy
addresses
network
congestion
challenges
head-on
with
its
layer-2
technology.
Unlike
traditional
layer-2
solutions
that
may
divert
resources
from
the
base
layer,
Solaxy
enhances
Solana’s
capabilities
without
compromising
its
integrity.

Moreover,
Solaxy
bridges
Solana
with
Ethereum,
combining
the
best
features
of
both
networks. 

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

Buyers
of
the
SOLX
token
can
also
earn
passively
on
the
platform,
with
a
humongous
632%
APY
currently
on
offer.

Investors
interested
in
participating
in
the
presale
can
visit
the
official
Solaxy
website
to
buy
SOLX
tokens
at
$0.001582
each
using
BNB,
ETH,
USDT,
or
a
bank
card.

Buy
before
a
price
hike
in
slightly
less
than
2
days
to
secure
the
best
deal.

Buy
SOLX
here.

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