Solana’s Price and Volume
Solana’s price has dropped by 3% in the last 24 hours to trade at $96.96 as of 5 AM EST, while its trading volume slumped 20% to $3.27 billion.
Predictions for Solana’s Future Price
Analyst Pentoshi warns that SOL could plunge as much as 40% in the coming months, and Altcoin Sherpa believes that SOL is likely to dip to Fibonacci retracement levels 0.382 at $84.50 or 0.50 at $71.67. In other words, SOL’s current struggles with staying above the $100 mark are only the beginning, and the coin is set to see a severe correction in the coming months.
Price Prognosis for Solana
While some experts expect SOL to see a significant price drop shortly, others believe the coin might rise after spotting the bullish flag pattern on the project’s chart. Should the Solana price recover in days to come, it will likely hit its first considerable resistance at $100, the next at $104 and $108, and its monthly and yearly high at $123.76.
Promising Alternative To Solana
Meme Kombat (MK) is currently one of the best alternatives to Solana as it offers a meme coin coupled with a brand new, innovative gaming platform. The project’s presale has already raised over $6.55 million, and the analysts state the it may 10x on launch.
Hot Take: Meme Kombat Project
Meme Kombat (MK) coin is backed by a new gaming platform customized for meme and gaming enthusiasts. It is quite popular, having already raised over $6.55 million in its presale. The platform rewards all users, and analysts believe that the token may experience a significant surge upon launch. So, if you’re interested, obtain the token now before it sells out.
By
By
By
By
By