Solana Price Prediction: SOL Plummets 9% Amid The Crypto Crash, But This AI Meme Coin Blasts Past $7 Million

The
Solana
price


plummeted

over
9%
in
the
past
24
hours
to
trade
at
$123.48
as
of
12:00
a.m.
EST
as
investors
offload
their
holdings
amid
the
crypto
crash.

With
this
latest
retracement,
the
SOL
price
is
down
more
than
16%
over
the
past
7
days.
The
altcoin
is
also
28%
in
the
red
on
the
monthly
time
frame.

The
Solana
Price
Testing
A
Critical
Support

4-hour
chart
for
SOL/USD
(Source:


GeckoTerminal)

The


Solana

price
lost
the
key
support
level
at
$129
over
the
past
24
hours.
Bears
are
currently
trying
to
pull
the
altcoin
below
the
next
critical
mark
at
$123.65
as
well.
Should
SOL
close
a
4-hour
candle
below
this
technical
crutch
within
the
next
8
hours,
it
could
be
at
risk
of
falling
to
as
low
as
$118.20
in
the
short
term.

However,
the
Solana
price
managing
to
stay
above
$123.65
for
the
next
8
hours
could
invalidate
the
bearish
thesis.
In
this
alternative
scenario,
the
crypto
might
attempt
to
reclaim
a
position
above
the
aforementioned
$129
price
point.
A
break
above
this
level
could
then
give
it
the
foundation
needed
to
rise
to
the
subsequent
resistance
at
$135.85.

Technicals
Suggest
The
Solana
Price
Might
Keep
Falling

Technical
indicators
on
SOL’s
4-hour
chart
warn
that
the


Solana

price
might
keep
falling
in
the
next
few
hours.
Both
the
Relative
Strength
Index
(RSI)
and
the
Moving
Average
Convergence
Divergence
(MACD)
indicators
are
showing
negative
signs.

Over
the
past
48
hours,
the
Solana
price
entered
into
a
short-term
bearish
cycle.
This
is
evident
by
the
MACD
line’s
crossing
below
the
MACD
Signal
line
during
this
period.
Currently,
the
former
is
still
positioned
under
the
latter.
The
gap
between
the
two
lines
has
also
started
to
grow
again,
which
could
indicate
that
SOL’s
bearish
momentum
is
intensifying.

Meanwhile,
RSI
readings
hover
around
the
mid
20s.
Traders
usually
see
such
low
readings
as
a
sign
that
bears
are
overpowering
bulls
on
a
crypto’s
charts. 

SOL’s
RSI
reading
on
the
4-hour
chart
also
suggests
the
altcoin
is
oversold.
Although
this
is
generally
seen
as
a
long
entry
signal,
it
is
not
unusual
for
the
RSI
to
remain
so
low
during
times
when
a
crypto
is
being
dumped
by
investors.

If
these
technical
warnings
are
validated,
the
Solana
price
might
soon
lose
the
$123.65
support.
It
could
then
fall
to
the
next
critical
point
at
$118.20
if
the
bearish
pressure
persists.

With
the
Solana
price
still
under
the
control
of
bears,
many
traders
are
shifting
focus
to
promising
presales
like
the
AI
meme
coin


WienerAI
(WAI),
which
has
just
blasted
past

$7
million
in
funds
raised.

The
Perfect
Tool
For
Traders
To
Navigate
The
Crypto
Selloff

WienerAI
(WAI)
is
a
meme
coin
project
that
comes
with
sophisticated
AI
technology.
Fine-tuned
to
trade
the
highly-volatile
digital
asset
markets,
WAI
aims
to
be
a
loyal
and
intelligent
companion
for
traders
and
investors
that
can
assist
them
in
making
more
informed
decisions.

As
the
market
continues
to
evolve
and
prices
continue
to
fluctuate,
WienerAI’s
predictive
computer
models
can
uncover
hidden
insights
entrenched
deep
within
the
piles
of
data.
Traders
can
subsequently
focus
on
the
timing
and
execution
of
their
trades,
and
not
have
to
analyze
countless
crypto
charts
to
find
the
next
opportunity.

In
addition
to
its
AI,
WienerAI
also
offers
token
holders
access
to
a
seamless
token
swap
solution
as
well
as
MEV
protection.
This
ensures
that
trades
can
be
executed
almost
instantaneously
without
the
risk
of
being
front
run
by
an
MEV
bot.

Given
the
suite
of
trading
tools
available
within
the
WienerAI
ecosystem,
it
is
no
wonder
that
ClayBro,
who
has
130,000
subscribers
on
YouTube,
predicts
that
WAI
could
surge
10X
after
launch.

Investors
Also
Attracted
By
WAI’s
161%
APY 

The
investor
frenzy
that
has
erupted
around
the
AI
meme
coin
could
also
be
partly
due
to
the
lucrative
staking
opportunity
available
to
buyers
at
this
early
stage.

Anyone
who
purchases
and
locks
up
WAI
tokens
during
its
ongoing
ICO
will
gain
access
to
a
161%
APY.
To
become
eligible
for
these
rewards,
investors
can
utilize
the
simple
buy
widget
embedded
on
the
project’s
website.

Are
you
ready
to
meet
your
AI
trading
self?

Unleash
the
power
of
WienerAI
and
transform
your
trading
game!
????????

pic.twitter.com/DU2BJdZLGG

—
WienerAI
(@WienerDogAI)

July
4,
2024

Selling
for
$0.000725,
the
token
can
be
bought
using
either
ETH,
USDT,
BNB
or
bank
card.
Anyone
considering
buying
the
meme
coin
will
want
to
act
fast
because
its
price
is
scheduled
to
increase
in
less
than
two
days.

Buy
WAI
tokens
here
before
its
price
increases.

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