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Cryptocurrency News Articles
Solana (SOL) Price Prediction: 12% Drop or 27.8% Surge?
Oct 18, 2024 at 08:23 pm
The Solana (SOL) price has gone up by 12% in the past week, breaking key resistance points. Some experts believe Solana could either drop by 12% or surge by 27.8% soon.
The Solana (SOL) price has seen a 12% increase in the past week, breaking through key resistance points. Some experts believe that Solana could either drop by 12% or surge by 27.8% soon. Let’s look at the latest Solana news and market indicators to see what’s next.
BBTrend Shows SOL Bulls Are Still Strong
The BBTrend indicator remains positive at 8.08, indicating that the Solana coin is being supported by the market. It’s priced above the Bollinger Band, which shows that there’s good sentiment around Solana. This is also supported by past predictions and performance.
However, the BBTrend has decreased from 9.01, suggesting that the bullish trend may be slowing down. If this continues, Solana may struggle to maintain its price, as mentioned in recent Solana news.
Is Solana’s Uptrend Losing Momentum?
The Directional Movement Index (DMI) shows that Solana still has a strong uptrend, with an ADX value of 34. This indicates that the uptrend is still strong. But, if the ADX drops or levels off, it could signal a reversal in Solana price growth.
If the DMI goes below 20, it may indicate weaker momentum, which could lead to more selling pressure on Solana.
Solana Price Prediction: 12% Drop or 27.8% Surge?
Solana’s Exponential Moving Averages (EMA) still indicate a bullish trend. However, the short-term EMAs are starting to turn downward, which may signal weakening strength. If the short-term EMAs cross below the long-term ones, it could indicate a bearish trend.
In a bearish scenario, the Solana price might fall to $144 or $133, reflecting a 12% correction. On the bullish side, Solana price could break through $161 and reach up to $193, showing a 27.8% rise.
SOL Fans Take Note: Minotaurus ($MTAUR) Could Be Your Next Move
Solana has been a fan favorite for a while, but with some uncertainty on the horizon, SOL holders are starting to look around for backup options. To future-proof their portfolios, smart SOL enthusiasts are exploring new digital assets to stack up on. One rising star catching their eye? Minotaurus ($MTAUR) – a hot new Web3 gaming presale that’s been recently noted for its x5,000 potential.
At 0.00005968 USDT, Minotaurus ($MTAUR) is still available at a bargain, but not for long! It's set to hit 0.00020 USDT, giving today's buyers a 235% upside. And this isn't just another short-lived project — Minotaurus has strong in-game utility. The casual gaming industry is booming, growing 9% each year, and Minotaurus is ready to tap into that growth.
The community's excited, social media's buzzing, and referral and vesting bonuses are up for grabs. With a 100K USDT giveaway for presale participants and a top prize of 50,000 USDT in $MTAUR, now's the time to jump in!
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Conclusion
The next few days will be crucial for the Solana price. With key indicators like BBTrend and DMI weakening, holders need to watch closely. A correction down to $133 is possible if momentum slows, but Solana could also rise to $193 if the bulls regain control.
For SOL holders looking to diversify, Minotaurus ($MTAUR) offers an exciting alternative that could complement their holdings perfectly. A low entry fee, enticing perks for holders, and an amazing giveaway make this a perfect time to jump in. Don't wait, grab your early spot now!
Learn more about Minotaurus:
Website: http://minotaurus.io/ Announcements: https://t.me/minotaurus_official Chat: https://t.me/minotaurus_chat Twitter: https://twitter.com/minotaurus_io
This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.
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- Rahul calls for real women empowerment
- Oct 19, 2024 at 02:15 am
- ct 18 (UNI) Leader of the Opposition in Lok Sabha Rahul Gandhi on Friday called for real empowerment of women and not mere token representation. He was addressing the meeting of ‘Shakti Abhiyan’, a movement launched by the Indira Fellowship for women empowerment in the country. Participants from 21 states, who were top performers in their respective fields, and who committed to tackling the deep challenges of patriarchy facing women at the grassroots level, participated in today’s deliberations. Addressing the meeting, Rahul emphasised that the struggle in politics today was not just against the traditional opposition parties, but a broader “ideological battle”. He said, "Our fight in politics today is not just for power, but also for representation and they are two sides of the same coin, not as different as some people think." Rahul lauded the bold efforts of the Shakti Abhiyan, which is providing space for women to lead, organize and reshape political discourse in their communities. Shakti Abhiyan, run by Indira Fellowship, is a national initiative aimed at ensuring equal representation of women in Indian politics. The demands of the Shakti Abhiyan include, “Equal Political Representation”, to ensure 50% representation of women in elected offices at all levels. The participants in the session shared their on-the-ground experiences and discussed the challenges of social resistance, lack of resources and patriarchy in the political framework. The national executive meeting of Shakti Abhiyan will continue for the next two days, in which future action strategies will be discussed to expand the movement and strengthen the political participation of women in India. UNI RBE BM