Crypto Gloom

Solana Price Prediction: Amid Buying Frenzy for New SOL Smartphones, This AI Presale Execution Speed ​​Will Accelerate 3,000% Over Time

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By Crypto Gloom

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Solana price fell 5.5% in the last 24 hours Deal for $94.15 As of 4:29 a.m. EST, trading volume was down 15% to $2.6 billion.

The decline comes amid a buying frenzy for the new Solana Mobile phones. Chapter 2, garnered unprecedented demand in the form of pre-orders. Priced at $450, the phone offers similar features to its predecessor, the Saga, and represents a significant opportunity for developers and users in the cryptocurrency space.

Demand for the new device surpassed sales of its predecessor, the Saga, within the first 24 hours, with Solana Mobile receiving more than 25,000 pre-orders, jumping to 30,000 within 30 hours. These orders have already exceeded Sagaphone sales over the past 12 months.

This high demand can be attributed to the unique features of Chapter 2 phones, which include a built-in cryptocurrency wallet, Seed Vault, and a “dApp store” for decentralized cryptocurrency applications. It is also based on Android and has a similar design to the Saga phone.

Solana Price Bulls Face Temporary Setback

Solana price chart analysis. Source: Tradingview.comSolana price chart analysis. Source: Tradingview.com
SOLUSD chart analysis. Source: Tradingview.com

Solana price gradually rose after a long period of consolidation, gaining momentum and reaching the resistance level of $126.10.

However, at this point, the bulls’ momentum shortened, allowing the bears to apply downward pressure on the subsequent retracement, forming a bullish pennant, implying a continuation of the bullish trend in Solana price.

This decline could allow the bulls to regroup and prepare for another rally from the $83 support level, which is in line with the 50-day simple moving average (SMA).

The price of Solana remains above the 50-day and 200-day simple moving average (SMA), with the SMA indicating a crossover of $22 and the 50 SMA acting as immediate support for the SOL price.

The Relative Strength Index (RSI) remains above the midline of 50, indicating a possible rebound that could push RSI up to 70, which is overbought territory.

Solana price prediction

that much The presence of the bull pennant allowed the bulls to regroup. A rally to recoup losses and push the price to expected highs in 2024, targeting around $150.

However, if the downtrend continues, the price may approach the $87 threshold (marked by Support 3).

Traders may want to explore Launchpad XYZ tokens as they await a favorable entry point into SOL. We reveal the secrets of web3 cryptocurrency trading and show you how to find the next 30X cryptocurrency.

Launchpad XYZ presales near $3 million goal

that much Launchpad XYZ There are less than five days left of pre-sale as investors are hoping for a January 24 launch.

As the project enters its final fundraising period, it has already raised more than $2.6 million through pre-sales. Run rates have soared 3,000% in the past few weeks and are racing toward their $3 million goal, suggesting investors interested in the project have little time to lose.

There are still opportunities to purchase LPX tokens. Discounted price of $0.0445 Per token. After launch, tokens will be claimed on January 29th and immediately listed on decentralized exchanges (DEXs).

Traders report up to 30x ROI returns

Traders who use the trading signals provided by Launchpad XYZ are enjoying incredible profits, with some reaching up to 30x ROI from free call signals.

Select user VANI in Launchpad XYZ Discord. VANI has observed traders consistently earning significant monthly profits.

VANI has been a member of Launchpad XYZ since May. He says the signals shared within the group each month remain consistently high.

Launchpad Discord screenshotLaunchpad Discord screenshot

Telegram’s Alpha Call Group is free for the remainder of the pre-sale period. It provides a preview of what the full product will offer users.

Opportunity to earn passive income, participate in P2E games

The Launchpad platform also offers a play-to-earn feature that allows you to play games and generate passive income. All you need is to have at least 10,000 LPX tokens. With Launchpad DEX, you can also benefit from reduced trading fees.

Alessandro De Crypto, a professional analyst and YouTuber with over 12,000 subscribers, explains the process of purchasing and using tokens to receive benefits and rewards.

To purchase LPX tokens: Visit the official website Connect your digital wallet to exchange ETH, USDT or BNB for LPX tokens.

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