Solana Price Prediction: SOL Surges 20% After Market Crash As Traders Buy The Dip With This ICO That’s Closing On $6 Million – Next 100X Gem?

The
Solana
price
has
pumped
20%
in
the
last
24
hours

to
trade
at
$141
as
of
3:30
a.m.
EST
on
a
2%
surge
in
trading
volume
to
$11
billion.

The
fifth
biggest
crypto
by
market
capitalization
led
gains
among
major
tokens
as
Monday’s
market
crash
gave
way
to
a
strong
rally.

Solana
Price
Analysis:
Bulls
Show
Resilience
To
Bounce
Back
On
The
Neckline

The
Solana
price
indicates
a
fall
after
the
price
hit
a
resistance
zone
at
$188,
allowing
the
bears
to
take
control
after
forming
a
double-top
pattern.
however
the
bulls
are
showing
resilience 
bouncing
back
on
the
neckline

The
price
had
fallen
to
a
key
support
level
of
around
$127.
If
the
bullish 
momentum
picks
up
again
it
could
help
the
bulls
push
the
back
to
the
previous
resistance
zone.

SOLUSDT
Analysis
(Source:
Tradingview)

Solana
Price
Bulls
Have
A
Chance

Despite
the
rebound
the
Solana
price
still
trades
below
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs).
If
market
sentiment
continues,
it
might
help
the
bulls
drive
the
price
further
upwards,
potentially
sparking
a
solid
bullish
rally.

The
Relative
Strength
Index
(RSI)
also
indicates
a
drop
from
the
overbought
zone
past
the
50
midline
to
the
30
oversold
level.
however
the
bulls
resilience
has
caused
the
RSI
to
rebound,
an
opportunity
for
the
bulls
to
drive
the
price
back
up
again.
in
that
scenario,
the
RSI
could
bounce
back
to
the
50
midline
level.

Moreover,
the
Moving
Average
Convergence
Divergence
(MACD)
indicates
a
bearish
trend.
The
blue
average
line
recently
crossed
below
the
orange
signal
line
above
the
neutral
level,
indicating
bearish
momentum.
Additionally,
the
histogram
bars
reflect
negative
price
movement,
reinforcing
the
bearish
outlook.

Solana
Price
Prediction:
Bulls
Find
Anchor
Support,
Can
They
Sustain
Momentum?

Technical
indicators
for
the
Solana
price
are
showing
a
positive
turnaround,
as
bulls
have
pushed
the
price
higher
again.
The
strong
support
level
at
$127
is
helping
the
bulls
regroup
and
continue
the
uptrend.
If
the
price
moves
above
the
moving
averages,
it
could
trigger
a
rally,
potentially
driving
the
price
up
to
the
$188
resistance
level.

On
the
other
hand,
if
the
bears
regain
control,
they
might
push
the
Solana
price
below
the
pattern’s
neckline.
The
moving
averages
currently
act
as
resistance
along
the
neckline,
suggesting
that
there’s
a
chance
the
bulls
could
regain
momentum.

Is
This
Potential
Alternative
The
Next
100X
Crypto
To
Buy
Today?

As
Solana
bounces
back
after
Monday’s
crypto
crash,
the
play-to-earn
meme
coin

PlayDoge
(PLAY)
is
also
proving
remarkably
resistant
to
bearish
sentiment
as
its
presale
hurtles
towards
$6
million
in
funds
raised.

PlayDoge
is
a
DOGE-themed
crypto
that
is
upgrading
the
largest
meme
coin
by
market
cap,
Dogecoin.

DOGE
inspired
a
new
wave
of
cryptos
that
rely
mainly
on
their
communities
to
make
a
market
impact.
However,
these
days
investors
are
turning
their
attention
to
tokens
that
offer
more
utility.

PlayDoge,
with
its
meme
coin
appeal
and
play-to-earn
gameplay,
is
looking
to
spearhead
a
new
class
of
meme
coins
whose
success
is
not
primarily
based
on
a
community
following.

PlayDoge
(PLAY)
surpasses
$5.5M
in
presale,
drawing
investor
interest
with
its
nostalgic
gaming
twist
and
crypto
rewards
despite
a
struggling
market.

https://t.co/QlqvoitfEo

pic.twitter.com/Zj0jhrHlMc

—
Blockchain
Reporter
(@blockchainrptr)

July
10,
2024

To
achieve
this,
the
project
is
introducing
an
upgraded
version
of
the
viral
Tamagotchi
game.
Back
in
the
90s,
the
Tamagotchi
pets
were
a
hit,
with
millions
of
units
sold
worldwide.

By
combining
blockchain
and
crypto
technology,
PlayDoge
will
launch
a
modern
version
of
the
gaming
classic
fit
for
the
21st
century.
One
of
the
major
upgrades
that
PlayDoge
will
introduce
is
the
ability
for
players
to
earn
crypto
for
looking
after
their
pets.

By
simply
ensuring
their
digital
companions
get
enough
love,
food
and
sleep,
players
stand
to
earn
PLAY.

PlayDoge
will
also
offer
mobile
support,
meaning
that
players
can
interact
with
their
pets
on
the
move.
This
potentially
opens
up
the
opportunity
for
players 
to
earn
additional
rewards.

Strong
Investor
Confidence
In
The
PlayDoge
Presale

More
than
$5.9
million
has
already
been
sent
to
PlayDoge’s
ongoing
presale,
signaling
strong
investor
confidence
in
the
project’s
future.

A
part
of
the
appeal
may
also
be
that
it
offers
an
annual
staking
yield
of
82%.

PlayDoge’s
meme
coin
roots
and
in-game
rewards
have
caught
the
eye
of
popular
YouTuber
Clay
Bro,
who
says
that
PLAY
“could
be
absolutely
huge”
once
it
launches
on
exchanges.

To
join
the
presale,
you
can
buy
PLAY
for
$0.00526
on
the
official
website
using
BNB,
USDT,
ETH
or
a
bank
card.
But
hurry
before
the
the
price
is
hiked
in
less
than
24
hours.

Buy
PLAY
tokens
here
before
its
price
increases
soon.

Related
Articles: