Saga Price Prediction: SAGA Surges 26% Following Solana Seeker Phone Release
As of 4:18 AM EST, Saga’s price has surged 26% in the past 24 hours, trading at $2.37, with trading volume up 31% to $252 million.
The announcement comes at the same time as the Solana Seeker smartphone was released, reflecting the growing interest in the cryptocurrency-related technology. Set to be released in 2025, the Seeker has already received over 140,000 pre-orders, highlighting strong demand.
During the promotion, Solana priced the Seeker at $450, a significant discount to its predecessor, Solana Saga, which was initially launched at $999 and later reduced to $599.
Saga price bulls recently took advantage of a rounding bottom pattern to break out of the $1.73 resistance level.
SAGA is currently trading above the 50-day and 200-day simple moving averages (SMAs), which supports the overall bullish outlook.
Moreover, the 50-day SMA has crossed above the 200-day SMA, forming a golden cross at $1.39, further affirming the bullish outlook.
The relative strength index (RSI) is also trading above the 70 overbought zone and is currently at 79, indicating that the coin is currently facing significant selling pressure.
The current bullish outlook is also supported by the moving average convergence divergence (MACD) climbing above the neutral line. The bullish crossover formed by the blue MACD line crossing the orange signal line also confirms the positive trajectory.
If the bullish momentum continues, the price of Saga may continue to surge, with the bulls targeting $3.5.
