Solana Price Prediction: SOL Drops 7% In A Month As Investors FOMO Buy This Casino Token With Time Running Out

The
Solana
price
is
down
more
than
7%
over
the
past
month
following
a


small

loss
in
the
past
24
hours
to
trade
at
$134.83
as
of
11:28
p.m.
EST.

Despite
the
recent
set
back,
the
SOL
price
has
still
skyrocketed
more
than
650%
in
the
past
year.

The
Solana
Price
Attempting
To
Overcome
A
Major
Resistance

4-hour
chart
for
SOL/USD
(Source:


GeckoTerminal)

The


Solana

price
is
attempting
to
overcome
the
resistance
level
at
$139.37.
Should
it
close
a
4-hour
candle
above
this
barrier
within
the
next
12
hours,
the
crypto
could
have
the
room
needed
to
keep
climbing
in
the
following
couple
of
days.
This
might
then
lead
to
SOL
rising
to
as
high
as
$152.78
in
the
short
term.

On
the
other
hand,
the
Solana
price
failing
to
establish
a
position
above
$139.37
in
the
coming
12
hours
might
invalidate
the
bullish
thesis.
In
this
alternative
scenario,
traders
could
begin
to
exert
sell
pressure
on
SOL.
The
altcoin
might
end
up
testing
the
$125.25
support
as
a
result.

In
an
extremely
bearish
scenario,
the
Solana
price
could
plunge
to
$109.74
if
sellers
decide
to
keep
dumping
the
altcoin
should
it
drop
to
the
$125.25
mark
in
the
next
48
hours.

Technicals
Warn
The
Solana
Price
Could
Be
Rejected
By
The
$139.37
Mark

Technical
indicators
on
SOL’s
4-hour
chart
suggest
the
crypto’s
price
has
stalled
and
is
losing
some
of
its
bullish
momentum.
More
specifically,
the
Moving
Average
Convergence
Divergence
(MACD)
and
the
Relative
Strength
Index
(RSI)
are
starting
to
show
bearish
signs.

RSI
readings
have
oscillated
within
the
low
to
mid
50s.
Although
the
indicator’s
value
above
50
suggests
bullish
strength,
the
negative
slope
of
the
RSI
line
warns
that
bears
could
easily
take
control
of
the


Solana

price
at
any
moment.

The
MACD
Histogram
also
turned
positive
throughout
the
past
day
of
trading
to
signal
that
SOL
has
entered
a
short-term
positive
trend.
However,
the
indicator’s
value
started
dropping
as
the
Solana
price
approached
the
$139.37
resistance
level.
Traders
might
see
this
as
an
early
indication
that
the
crypto
will
get
rejected
by
the
price
point.

As
traders
wait
to
see
if
the
Solana
price
can
flip
the
$139.37
resistance
into
support,
investors
are
rushing
to
buy


Mega
Dice
(DICE)

before
its
presale
ends.

Backed
By
A
Thriving
Online
Casino
Platform

Mega
Dice
(DICE)
has
a
major
advantage
over
other
crypto
casino
tokens,
since
it
is
backed
by
an
already
reputable
brand.
The
rapidly
growing
Mega
Dice
casino
boasts
over
50K
players,
10K
actively
monthly
players
and
over
$50
million
in
monthly
wagering.

As
part
of
its
expansion,
the
casino
is
now
looking
to
onboard
more
users
through
the
launch
of
DICE.
Not
only
will
this
token
unlock
exclusive
access,
rewards
and
benefits
for
holders,
it
will
also
allow
investors
to
share
in
some
of
the
casino’s
daily
profits.

Given
the
amount
of
dollars
already
being
wagered
on
a
monthly
basis,
DICE
holders
could
stand
to
earn
from
day
1.

In
addition
to
the
exclusive
access
and
bonuses,
the
project
is
also
offering
presale
investors
early
bird
bonuses.
Select
holders
will
receive
limited
edition
NFTs
as
well
that
can
be
traded
on
the
open
market.

With
everything
the
project
has
to
offer
and
its
backing
by
a
reputable
casino
brand,
it’s
easy
to
see
why
YouTuber
TodayTrader
told
his
11.9K
subscribers
that
DICE
could
deliver
100X
returns
after
its
DEX
launch.

Time
Is
Running
Out
To
Buy
DICE
At
ICO
Prices

Mega
Dice’s
presale
recently
entered
its
final
stage,
and
will
be
coming
to
an
end
in
16
days.
There
is
still
time
for
investors
to
purchase
tokens
to
unlock
all
of
the
rewards
on
offer
and
position
themselves
ahead
of
the
100X
surge
forecast
by
TodayTrader.

WARNING:
Time’s
Almost
Up
to
Grab

$DICE
at
the
Lowest
Price!
????

The

$DICE
presale
is
about
to
close
its
doors,
with
the
last
price
increase
happening
this
Tuesday!
This
is
your
absolute
final
chance
to
get
in
on
the
best

#GameFi
token
on

#Solana
before
the
price
skyrockets!
⏳…

pic.twitter.com/vzF1t77DsA

—
Mega
Dice
Casino
(@megadice)

August
30,
2024

Selling
for
$0.116056,
DICE
can
be
bought
using
either
SOL,
ETH
or
BNB.
Once
purchased,
the
tokens
can
be
locked
up
via
the
staking
page
on
the
project’s
website
for
investors
to
gain
access
to
a
304%
APY.

Purchase
DICE
here
before
its
presale
ends.

Related
Articles: