The trillion-dollar crypto market is showing signs of a potential recovery among some of the major crypto networks. Among many, the Solana price action has made a positive formation for its native token. Meanwhile, most SOL holders and AI crypto traders are shifting their capital to Unilabs Finance for its cutting-edge AI-powered platform and unique trading strategies.
Solana Price Signals Rally: Golden Cross Could Propel to $200
The recent Solana price action has been disappointing for SOL investors as it dropped nearly 10% over the last 7 days. Despite reaching close to $200 just a few weeks ago, SOL has pulled back to hover around the $160 support level. However, a closer look at several SOL key metrics reveals that a recovery may be on the horizon.
Currently trading at $169, the Solana price has maintained a 10% increase over the past three months despite the recent correction. This resistance points to underlying strength in the asset even as short-term price movements trend downward.
Source: TradingView
Analysts have spotted the most promising Solana price appreciation signals from exchange data. Solana’s balance on centralized exchanges has dropped sharply from 33.06 million on July 23 to 30.78 million by August 5. This 10% reduction suggests fewer SOL tokens are available for immediate selling, often a precursor to price rebounds.
Technical Indicators Signal Potential Upside for Solana Price
The most compelling technical signal for SOL is forming on the network’s daily chart. The 100-day Exponential Moving Average (EMA) is approaching a crossover above the 200-day EMA, a pattern known as a golden crossover. This setup typically signals the beginning of a stronger uptrend and occasionally triggers rallies.
Source: TradingView
If SOL can hold above $160 support and reclaim $176, the short-term trend could turn bullish. A break above $188 would put $200 back in play, while falling below $155 would risk further downside for the Solana price, with complete trend invalidation occurring under $142.
Emerging ‘Solana Slayer’ Turns Bullish: Presale Nears $15 Million
The Solana price appreciation might be on the horizon, but Unilabs Finance (UNIL) is progressing as the next ‘Solana slayer’ in the market. Its fast-selling presale has already bagged $12 million in less than 6 months and is approaching the $15 million milestone next. Based on the current trajectory, analysts speculate that this AI asset manager could dominate Solana.
Institutional investors and retail traders are prioritizing this $0.009 token over other traditional projects. This new entrant is drawing attention for its ability to swiftly scan the entire crypto market at speeds beyond human comprehension to identify projects with high upside potential before they break out and hit the market.
Solana Whales Shift Capital to the Leading AI Asset Manager
Following the grand presale success and listing on CoinMarketCap, Unilabs Finance (UNIL) is attracting institutional investors and whales to its AI-powered platform. This investment protocol features a modern-generation infrastructure with promising fundamentals to enable users to target lucrative opportunities and lock in high-ticket trades.
As a leading AI asset manager with over $32 million in assets under management (AUM), Unilabs Finance is quietly climbing the ladder and securing a spot in the big leagues. Amid its resounding success, major crypto projects like Solana, Cardano, and Ripple sense threatened as this new entrant diverts the attention from these big shots to its AI-powered crypto trading.
Conclusion
In comparison to Solana (SOL), Unilabs Finance might not have the equivalent tenure in the market. However, its consumer engagement and public demand are making it a highly successful AI crypto, which could dominate Solana as the best crypto under $1.
Unilabs Finance is offering an exclusive 50% bonus (no cap) in its presale stage 6. Just use the promo code “CMC50” to claim this offer.
Discover More About Unilabs Finance:
Presale: https://www.unilabs.finance/
Buy Presale: https://buy.unilabs.finance/
Telegram: https://t.me/s/unilabsofficial
Twitter: https://twitter.com/unilabsofficial
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice
