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front pageToday's NewsSolana Price Prediction: Former Goldman Sachs Exec Believes SOL Will Surge to $1,000 as the AI Meme Coin Hits $8 Million, Offering Last Chance to Buy

Solana Price Prediction: Former Goldman Sachs Exec Believes SOL Will Surge to $1,000 as the AI Meme Coin Hits $8 Million, Offering Last Chance to Buy

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Solana price has gained 1% in the past 24 hours and 38% in a month and is currently trading at $150.85 as of 9:10 AM EST.
There may be better times in the future. Former Goldman Sachs executive and Real Vision CEO Raoul Pal said in an interview with Rug Radio that Solana's price could rise from current levels by 235% to 570%. This would surge Solana's price to between $500 and $1,000.
Solana price fails to break resistance


SOL/USDT 4-hour chart (Source: TradingView)
Solana price has attempted to break through the $155 resistance level in today’s trading but was rejected twice by this barrier. These two attempts could be considered as a bearish signal, foreshadowing an upcoming correction. Since being rejected, SOL has retraced and is currently trading at the immediate support level of $148.98.
If this support is broken, the Solana price could face the risk of falling to $136.10 in the next 48 hours. If the bulls do not step in to defend SOL, continued selling pressure could pull the cryptocurrency price to $124.21. However, this bearish view could be negated if Solana manages to close above the aforementioned $155 resistance level on a 4-hour candlestick within the next 24 hours. In this alternative scenario, this alternative currency could have the basis to continue rising, providing support for the next two days.
Technical indicators suggest Solana prices could fall
Technical indicators on the Solana 4-hour chart suggest that a correction may be in. Both the Moving Average Convergence/Divergence (MACD) and the Relative Strength Index (RSI) are showing bearish signals, and both are about to trigger important technical markers that investors should pay attention to.
The MACD line is preparing to cross from below the MACD signal line. If these two lines cross over in the next 24 hours, it could indicate that the Solana price has entered a short-term negative cycle. In addition, the RSI on the 4-hour chart shows that buyers are losing the upper hand over sellers, which can be seen from the RSI converging towards its Simple Moving Average (SMA) line.
Traders often view the crossover of these two lines as a sign that bears have the upper hand, potentially leading to a short-term drop in the Solana price.
Although Solana prices may see some correction in the next 24-48 hours,
AI Scotty
$8 million in funding has already been raised. After the pre-sale sold out, the team gave investors a chance to buy more.
A meme coin with a new dog theme
AI Scotty is a new dog-themed cryptocurrency that promises to be the next best memecoin. What sets it apart from its predecessors is its advanced artificial intelligence model that introduces a high level of utility to it.
With these advanced computer models, AI Scotty is able to examine countless lines of code and find hidden bugs that even experienced software engineers would miss.
What’s more, this AI is able to act as a much-needed hero in the Web3 space as it can also detect any malicious snippets included in the smart contract source code and warn investors before it leads to loss of funds.
The cryptocurrency community already has access to two AI-powered tools within AI Scotty’s ecosystem. The first is the project’s flagship product, a decentralized exchange with an element of artificial intelligence.
Investors who trade on the platform can rest assured that the project’s artificial intelligence model is always on the lookout for potential threats that could lead to loss of funds.
There is also ScottyChat, an AI-powered chatbot that acts as an assistant to guide investors in navigating the emerging cryptocurrency space. Members of the cryptocurrency community can freely interact with the AI chatbot, asking it any questions related to the digital asset space.
Investors are flocking to buy SCOTTY
Money continues to flow into SCOTTY, with less than six days left in the presale of what will be the hottest memecoin of the year so far.
Pre-sale update!
ScottyTheAi #1
#memecoin
(With AI practical functions)
$SCOTTY
$7.7 million raised
Due to high demand from the crypto community to join ScottyTheAi, the funding was raised much faster than expected.
We are on track to wrap up presale soon and move towards…
pic.twitter.com/VTkUi9rxV8
– Scotty The Ai (@ScottyThe_Ai)
March 12, 2024
Scotty is now available for purchase at an issue price of $0.01. It can be purchased using ETH, USDT, or a bank card. BNB and MATIC can also be used, but purchases made with these cryptocurrencies will not qualify for the project’s 32% annual return reward program.
Scotty can be purchased here.
Related articles:
Upcoming Crypto Presales: Unlock Early Investment Opportunities!
London Stock Exchange to Start Accepting Crypto ETN Applications in Q2
Today's popular cryptocurrency gainers ranking March 12 - Avalonci, Token, Litecoin, Ripple
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