Solana Price Prediction: SOL Surges 14% In A Week, But Investors Are Rushing To Buy This AI Meme Coin With Just 8 Days Left

The
Solana
price
surged
more
than
14%
over
the


past
week

despite
a
1%
fall
in
the
last
24
hours
to
trade
at
$179.51
as
of
11:45
p.m.
EST

This
positive
movement
in
the
last
7
days
has
pushed
the
crypto’s
monthly
performance
deeper
into
the
green
zone.
As
a
result,
the
SOL
price
is
up
over
33%
for
the
past
month.

The
Solana
Price
Enters
A
Temporary
Consolidation

4-hour
chart
for
SOL/USD
(Source:


GeckoTerminal)

The


Solana

price
has
entered
a
consolidation
phase
between
$172.15
and
$183.29.
This
short-term
period
of
sideways
trading
might
be
a
precursor
to
a
big
move. 

If
bulls
identify
the
altcoin’s
current
price
as
a
buy
opportunity,
it
could
lead
to
the
crypto
breaking
through
the
$183.29
barrier.
Closing
a
4-hour
candle
above
this
threshold
might
then
give
the
Solana
price
the
foundation
needed
to
keep
climbing
in
the
following
24
hours.
SOL
could
subsequently
rise
to
as
high
as
$194.43.

On
the
other
hand,
sellers
deciding
to
offload
their
holdings
in
the
crypto
while
the
Solana
price
consolidates
might
invalidate
the
bullish
thesis.
In
this
alternative
scenario,
the
crypto
could
be
at
risk
of
losing
the
$172.15
support.

Continued
sell
pressure
should
SOL
break
below
this
technical
safety
net
might
then
lead
to
it
falling
to
$159.40
in
the
short
term.

Technicals
Warn
The
Solana
Price
Might
Pull
Back

Technical
indicators
on
SOL’s
4-hour
chart
warn
the
crypto’s
price
might
drop
in
the
next
24
hours.
More
specifically,
the
Moving
Average
Convergence
Divergence
(MACD)
and
the
Relative
Strength
Index
(RSI)
indicators
suggest
the


Solana

price
could
test
the
$172.15
support
soon.

Throughout
the
past
24
hours,
RSI
readings
have
been
declining.
Although
the
current
RSI
value
is
still
bullishly
above
the
50
benchmark,
the
negative
slope
of
the
RSI
line
warns
that
this
might
not
be
the
case
for
long.

Meanwhile,
the
MACD
line
recently
crossed
below
the
MACD
Signal
line
to
trigger
a
major
bearish
technical
flag.
Traders
usually
see
this
technical
event
as
an
indication
that
a
crypto
has
entered
a
short
term
negative
trend.
With
the
MACD
line
breaking
away
below
the
MACD
Signal
line,
it
seems
SOL’s
bearish
momentum
is
intensifying
as
well.

While
traders
wait
to
see
what
the
Solana
price
will
do
next,
they
are
are
rushing
to
buy


WienerAI
(WAI)

before
its
presale
ends
in
just
8
days.

A
Trader’s
Best
Friend

WienerAI
(WAI)
is
one
of
the
latest
dog-themed
cryptos
that
is
looking
to
make
its
mark
in
the
burgeoning
meme
coin
space.
With
sophisticated
AI
technology,
the
project
hopes
to
introduce
a
loyal
and
intelligent
companion
to
crypto
traders
and
investors.

Trained
to
analyze
the
volatile
crypto
markets,
WienerAI
is
able
to
continuously
take
in
heaps
of
information
and
uncover
hidden
insights
and
profit-making
opportunities.

Users
will
no
longer
have
to
analyse
countless
charts
to
find
the
next
trade
opportunity,
and
can
instead
focus
on
portfolio
allocation
and
risk
mitigation
for
each
position.

What’s
more,
WienerAI
also
facilitates
the
quick
and
efficient
execution
of
trades
by
offering
a
seamless
token
swap
solution
and
MEV
protection.

Together,
all
of
the
project’s
tools
will
ensure
that
traders
can
find
and
quickly
find
and
pounce
on
every
opportunity
that
presents
itself
in
the
market
without
having
to
worry
about
being
front-run
by
MEV
bots.

WienerAI’s
features
have
caught
the
attention
of
Crypto
Gains,
a
YouTube
channel
with
135,000
subscribers.
In
a
recent
video,
an
analyst
from
the
channel
told
viewers
to
act
quickly
and
secure
a
stake
in
WAI
before
its
ICO
ends.

Last
Chance
For
Investors
To
Acquire
WAI
At
Presale
Prices

With
just
over
8
days
left,
time
is
running
out
for
investors
to
purchase
WAI
during
its
ICO.
More
than
$7
million
has
already
been
raised
during
this
stage,
which
could
in
part
also
be
due
to
the
144%
APY
on
offer
to
ICO
buyers
who
stake
their
tokens.

Walking
into
the
new
week
like
a
true
Wiener
????

pic.twitter.com/QrKctKTFhL

—
WienerAI
(@WienerDogAI)

July
22,
2024

To
get
in
on
these
high
staking
rewards,
investors
can
buy
WAI
using
the
simple
buy
widget
embedded
on
WienerAI’s
official
website.

Selling
for
$0.00073,
WAI
can
be
bought
using
either
ETH,
USDT,
BNB
or
bank
card.
Once
purchased,
the
tokens
will
then
need
to
be
locked
via
the
staking
page
on
the
website
to
unlock
the
144%
APY.

Purchase
and
stake
WAI
here
before
its
presale
ends.

Related
Articles: