Solana Price Prediction: SOL Surges 6%, But Experts Say Consider This ICO For 100X Gains

The
Solana
price
surged
6%
in
the
last
24
hours
to
trade
at

$167.73
as
of
4.45
a.m.
EST
on
trading
volume
that
skyrocketed
92%
to
$3.34
billion.

Solana,
the
fifth-largest
crypto
with
a
market
cap
of
$78.7
billion,
has
surged
10%
in
the
past
week,
leading
up
to
the
resistance
at
$170.
While
the
coin
initially
breached
the
resistance
briefly,
it
only
climbed
up
to
$170.8
before
its
price
fell
back.

However,
a
climb
to
$170
is
still
a
major
achievement
for
SOL.
This
is
only
the
fourth
time
this
year
that
SOL
managed
to
reach
this
height.

The
first
one
was
back
in
March,
followed
by
another
attempt
to
surge
in
May,
and
the
final
one
in
late
July.
On
all
three
previous
occasions,
SOL
managed
to
reach
even
higher,
going
up
to
$180,
$190,
and
even
$200
back
in
March.

This
suggests
that
its
price
could
still
soar
even
higher.

Solana
Price
Prediction

Apart
from
Dogecoin,
Solana
has
been
the
largest
weekly
gainer
among
the
top
10
largest
cryptocurrencies
by
market
cap,
but
now
that
it
reached
the
resistance
at
$170,
it
appears
that
the
bears
have
started
a
sell-off.
The
Solana
price
started
a
sharp
drop,
although
it
is
worth
noting
that
this
is
happening
throughout
the
market.

The
trading
signals
suggest
that
it
will
be
a
sharp
correction,
with
Solana’s
Bollinger
bands
widening,
which
is
typically
a
good
sign,
but
the
price
has
dropped
from
the
upper
band
to
the
lower
one,
making
it
a
bearish
signal.
Right
now,
SOL
is
pushing
the
lower
band
further
down,
suggesting
a
strong
bearish
trend.

The
project’s
Relative
Strength
Index
(RSI)
value
is
showing
the
same,
although
it
also
suggests
that
SOL
might
bounce
back
up
soon.
The
sell-off
started
after
the
RSI
went
deep
into
the
overbought
territory
reaching
the
value
of
86.19.

The
RSI
started
spiraling
down,
which
led
it
to
its
current
value
of
36.16.
Should
the
RSI
drop
slightly
lower
to
the
value
of
30,
traders
will
likely
treat
it
as
a
signal
to
buy,
which
could
start
a
recovery
for
the
SOL
price.
For
now,
the
coin
has
a
strong
support
at
$165,
although
it
could
drop
further,
possibly
to
$160
if
the
drop
continues
for
a
while
longer.

Promising
Alternative
To
Solana

While
traders
wait
for
the
right
time
to
buy
SOL,
they
are
piling
into

Pepe
Unchained
(PEPU),
probably
the
most
successful
presale
of
the
year
after
raising
over
$21.26
million
to
date.

Pepe
Unchained
views
itself
as
the
new
and
improved
version
of
Pepe,
a
meme
coin
that
is
technologically
superior
to
the
original
thanks
to
the
fact
that
it
has
its
own
blockchain.

While
the
original
Pepe
runs
on
Ethereum,
and
suffers
from
slow
transactions
and
high
fees,
PEPU’s
Layer-2
blockchain
makes
it
lighting
quick
and
extremely
cheap.

Not
only
that,
but
the
project
started
developing
its
own
ecosystem,
with
a
native
block
explorer,
its
own
DEX,
and
plans
to
launch
the
PEPU
Foundation
that
would
offer
grants
to
developers
who
join.

YouTuber
ClayBro,
who
has
over
130k
subscribers,
predicts
a
massive
100x
potential
for
the
token
after
launch.

You
can
buy
PEPU
for
$0.0112
right
now
using
ETH,
USDT,
BNB,
or
a
credit/debit
card.
Just
make
sure
to
do
it
soon
because
the
price
will
increase
after
just
another
$6.4k
worth
of
tokens
are
sold.

Visit
the
official
PEPU
website
here.

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