Solana’s worth pumps 63% in a single week – Is it too late to purchase?

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Solana has responded to the bullish pattern throughout the cryptocurrency market in latest weeks. Over the previous week, Solana has gained by 63% amid a buildup of shopping for strain. On the time of writing, SOL was buying and selling at $23.48, in response to CoinGecko.

Solana worth prediction

Solana remains to be displaying a bullish motion. Within the final 24 hours, SOL’s worth has gone from $22.13 to $23.92. The slight uptrend comes because the broader crypto market additionally rallied. The whole crypto market cap is up by 2.5% within the final 24 hours to over $1 trillion.

As consumers begin flocking to the market once more, SOL has reported wholesome buying and selling volumes of round $1.68 billion and a market capitalization of $8.71 billion. Amid the latest positive aspects, SOL’s uptrend has not gone previous the $23.92 mark. A robust rally will probably be triggered if the bulls break previous $24.

Then again, volatility stays excessive, with the market not sure whether or not the latest uptrend will likely be sustained. Due to this fact, failure to carry a worth above $23 might see SOL crashing beneath $20.

Solana price prediction

Solana has a Relative Energy Index (RSI) of 52, displaying that neither the consumers nor the sellers have the higher hand. Nonetheless, the motion of the RSI indicator exhibits that purchasing strain is build up, which might see SOL making extra positive aspects. A impartial outlook can be seen within the motion of the MACD line.

Altcoin alternate options to think about shopping for this week

Because the bullish sentiment round SOL grows, crypto traders ought to take into account diversifying their portfolio with these altcoins with the potential for 10x positive aspects.

Battle Out

Battle Out is a move-to-earn undertaking that provides you entry to the identical health service you’d get from a private coach. Customers can entry the holistic health companies supplied by the platform utilizing FGHT tokens. Metaverse avatars will mirror the coach’s health journey in the true world.

The Battle Out presale is already successful, with greater than $2.95 million raised. 1 FGHT is priced at $0.0166, and consumers should purchase the token utilizing ETH or USDT. An as much as 50% presale bonus for early traders ends after the presale hits $5 million.

Meta Masters Guild

Meta Masters Guild is a mobile-focused gaming guild that mixes Web3 and play-to-earn video games. The Ethereum-based video games this platform supplies embody playable non-fungible tokens (NFTs).

MEMAG is the native token for this undertaking, and customers can both stake or promote it. The MEMAG presale will occur in seven levels. 1 MEMAG is presently priced at $0.007, which can step by step improve to $0.023 on the ultimate stage. The presale has raised over $266,000.

C+Cost

The C+Cost presale can also be attracting a lot curiosity. C+Cost is a undertaking centered on creating blockchain-based fee software program for electrical automobiles. The undertaking plans to degree the carbon credit market, making CCHG among the best tokens for ESG traders.

The carbon credit market is rising quickly, and initiatives similar to C+Cost might grow to be one of many largest gamers within the sector. The presale has already raised greater than $290,000, with 1 CCHG priced at 0.013 USDT.

Calvaria

The Calvaria presale is within the ultimate stage, and it’s quick promoting out. The presale is already 90% offered out and has already raised greater than $2.79 million. This presale will finish after $3,075,000 is raised.

Calvaria is a play-to-earn battle card sport that’s quick gaining reputation. Calvaria seeks to bridge the hole between Web3 video games and conventional video games. The sport is not going to require cryptocurrencies for gamers to take part, giving it an opportunity to dominate the market.

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