Panshibi (SHIBI) & Solana (SOL) Are Best Buys In March: A Lot More Gains To Come For SOL & SHIBI Says Analysts

The crypto market might be creeping back to profitable ways in March, as the struggles from Q1 seem to be waning finally.

Crypto market might be creeping back to profitable ways in March, as the struggles from Q1 seem to be waning finally. Solana has gotten quite the boost in price to follow a 15% crash.

On-chain analysis by Glassnode showed that the Solana price fell to $136 during the day on Tuesday, as some profit-taking activity affected the token.

However, the good news is that the Solana token recovered to trade above $140 by early Wednesday.

At the same time, the Relative Strength Index (RSI) for the Solana price brought the token very close to oversold territory.

Now, if the Solana price continues to decline, it could enter oversold territory, which may spark some price recovery.

At press time, Solana was trading at $142, and a further decline could see the token test the next support level at $130.

On the other hand, if the bulls push Solana higher, the next resistance level to watch is at $150, followed by $160. A break above the $160 level could clear the way for a move to the $170-$180 range.

Solana price is on the way to breaking past other resistance levels, particularly at $170 and $180. Some analysts believe that the token could hit $213 by May.

After a 15% price crash, Solana recovered to cross a major resistance level at $140.

The recovery on Wednesday was down to one whale’s movement of about 495,000 SOL to Coinbase.

With about $71 million worth of SOL moved, the token price hit a bullish turn almost immediately.

More whale movements could spark even bigger moves on the Solana price charts, although some analysts note that the predicted surge to $213 will not be a smooth or straightforward one.

There are plenty of resistance levels to beat, and there’s competition to overcome. Panshibi (SHIBI) is already contending with Solana for traders and holders.

Panshibi is a new meme coin that sold out quickly and has the potential to rival the top meme coins.

Panshibi : Get the Edge with SHIBI Coins!

The point of all trading is to make a profit, but Panshibi makes its platform about more than just returns and gains. SHIBI coins are sure to deliver massive ROI from both presale and post-launch, but there’s a little more for traders to enjoy.

Meme coins were always supposed to add an extra touch of humor to the crypto-verse. While the crypto market could be toxic and tense, the meme platform is supposed to provide the jokes and atmosphere to defuse all that tension.

That’s what Panshibi is looking to achieve with its platform. The landscape is an AI-enhanced world inspired by the lush green natural environment of the Asian continent. For the most part, Panshibi is already getting comparisons with the Bamboo Valley in southwest India, a patch of serenity and calm in the midst of sub-tropical rainforests.

Panshibi will be that platform where everyone, veteran and newbie alike, will go to have a quiet time or simply relax and take in a serene atmosphere. Of course, it won’t be without its perks you can stake your SHIBI coins for APY yields, and there’s more than one way of making even more SHIBI tokens.

Users on Panshibi get solo quests where they explore the ecosystem with specific objectives, but no competition. It’s like the Metaverse revived only this time, there’s no competition between users for leaderboard spots. You earn, explore, and relax at your own pace.

400% ROI on the Panshibi Presale

The SHIBI coin is in its 4th presale stage, going for just $0.005 per token but packing a whopping 400% ROI by launch day for traders who invest now.

And if you hold even after launch, your SHIBI coins could be worth 140,000% more! It’s a run like Shiba Inu’s in 2021, and you don’t want to miss it.

Join the Panshibi presale today for $0.005 per token;