Solana took the crypto world by storm with its rapid climb in 2021. Now, as the market evolves, questions arise about whether such a surge can be repeated. With 2024 approaching, investors are eager to understand what the future holds for SOL. This article delves into the possibilities awaiting Solana investors in the coming year.
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Solana Poised for Significant Gains as Altcoin Season Looms
Solana's price ranges between $164 and $184. Recent weekly gain of 4.87% and monthly rise of 10.76% show upward momentum. The RSI is 35, indicating it's not overbought. A stochastic value near 8 suggests potential growth. Solana approaches its resistance at $191. Breaking this could lead to the next target at $211, about 15% higher. The 10-day and 100-day moving averages support an upward trend. With altcoin season approaching, Solana could see significant gains.
Popcat (POPCAT) Eyes Breakout: Potential Rally to $2.31 Ahead?
Popcat (POPCAT) has shown impressive growth, rising 196% over the past six months. Currently trading between $1.33 and $1.74, it's near its 100-day simple moving average of $1.57. The Relative Strength Index stands at 49.13, indicating neutral momentum, while the stochastic oscillator at 26.79 suggests it's approaching oversold territory. This could signal a buying opportunity. If POPCAT breaks through the nearest resistance at $1.91, it could surge to the next level at $2.31, representing a potential gain of around 50% from current prices. With altcoin season on the horizon, POPCAT might be set for a strong rally in the upcoming market bullish run.
MEW Eyes Significant Gains with Altcoin Season on the Horizon
Cat in a Dogs World (MEW) is showing promising signs of growth. Currently trading between $0.0084 and $0.0117, it's hovering near its 10-day and 100-day simple moving averages, indicating potential stability. The nearest resistance level is at $0.0133; breaking this could push the price to the next level at $0.0166, a significant increase. With support around $0.0068, the downside seems limited. As altcoin season approaches and bullish sentiment grows, MEW could potentially rise by substantial percentages if it surpasses these resistance levels. Now might be a good time to watch MEW for potential upward movement.
Conclusion
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