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19
02, 2025
Solana Price Prediction: If SOL Doesn’t Recapture $200 Fast, $150 Could Be On Way
There has been growing concern about the Solana price in the last few days as it broke below $200. This is a range from which the previous Solana price prediction believed could provide good support for the price to bounce. However, with the price breaking below this range, the coming Solana price prediction might not be as positive as investors expect.
The crypto market has become a growing ecosystem with immense opportunities, with new altcoins breaking into the market every day. However, many of these altcoins lack a solid backing which could pose a long-term loss risk. But the last few months have seen a few incredibly rewarding assets join the market, with Avalanche (AVAX) and Remittix (RTX) leading the list.
Investors are all about an asset that guarantees a portfolio pump to help them make bigger profits. In the same light, with the Solana price set to dump more, investors are looking for big gainers to help them recover their losses. The Avalanche and Remittix coins have been making good moves in the last few weeks and could be the next in line for that price surge. Here is the breakdown.
Price Action Overview For Accurate Solana Price Prediction
There was a steady climb up the Solana price for some weeks earlier this year. But the price took a sudden turn from the all-time high, falling with a big force almost bigger than the initial buy force. This could be seen from two angles, first from the angle that investors are taking profit after the coin hits an all-time high. But the other angle is that there is an underlying factor triggering a sell off.
The current price formation shows Solana on a sharp downtrend, currently trading below the 7, 50 and 100-day SMAs. There was an initial attempt at a correction on February 14 but it has since continued its fall, breaking out below the 7 SMA crossover. Experts believe any Solana price prediction at this time will be most bearish but they are pushing an optimistic narrative for growth if the Solana price can cross the $200 mark.
AVAX Sets For A Breakout
The Avalanche coin, AVAX, has been on a path to recovery for some days now, following its weekly chart showing a potential for the coin to break above the 100 SMA. This is after the AVAX coin saw a quick price drop last month following Trump’s new policies, but with the growing digital footprint and its network upgrade, it is set to see a full recovery.
AVAX has also continued to become one of the most popular coins in the last few weeks, following a bull run that has made it one of the top market choices.
Can Remittix Top The Market With Its Looming Price Surge?
The Remittix token is a native token to the Remittix exchange, a crypto exchange that has become famous lately for helping users make FIAT payments using crypto. With the Remittix exchange, sending money across the world is as easy as just clicking send. It allows users to convert up to 40 different crypto assets to FIAT currencies that can be easily sent across the globe. But, with the growing attention to the Remittix solution, experts believe the current presale token could launch as a top altcoin.
The current presale process of the Remittix token is gradually becoming the most talked-about presale this year. Over 460,000,000 tokens have been sold and about 240 million tokens are still up for grabs. Investors are set to make up to 50x once the token launches officially across exchanges. The Remittix token is set to become one of the most successful tokens this year as its adoption increases across platforms.
Take advantage of the Remittix presale now, as it continues to set a stage for connecting crypto to local payments globally. Check the links below to learn more.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
