The current Solana price stands at $143.48 with a trading volume of $928.94 million, making it the 5th largest cryptocurrency with a market cap of $67.23 billion and a circulating supply of around 470 million SOL coins. The recent rebound from the key support level of $133 suggests a potential bullish move ahead. Solana’s recovery is supported by a strong support zone at $133 and an ascending trendline observed on the 4-hour chart. The upward momentum has pushed SOL to test the immediate resistance at $144, which aligns with the 38.2% Fibonacci retracement level. Breaking above this resistance could pave the way for gains toward $147.45 and $150.86.
In the event of a downside move, immediate support levels can be found at $139.89, $136.62, and $133.04. A break below $133 could invalidate the recent bullish trend, leading to further declines. The Relative Strength Index (RSI) is currently just below the 50 mark, indicating a potential for renewed bullish momentum if the RSI breaks above this level. For Solana to reach $200 in October, it must sustain a breakout above the 50-day Exponential Moving Average at $144.06 and attract additional buying interest to push toward the upper resistance levels. The combination of technical strength and broader market sentiment will be critical in determining whether Solana can achieve this milestone.
Flockerz ($FLOCK) is a new meme coin contender that is introducing innovative staking features and community involvement. Different from traditional meme coins, Flockerz offers a “vote-to-earn” model, allowing holders to actively participate in decision-making through Flocktopia, a decentralized autonomous organization (DAO). With over $460,000 raised in its ongoing presale, Flockerz aims to redefine the meme coin space by offering a staking yield of 5,011% over a two-year period, one of the highest in the market. This incentivizes active participation and aligns the community’s interests, creating a stronger foundation for growth.
Flockerz has undergone a thorough audit by Coinsult, ensuring transparency and investor security. Following the presale, Flockerz plans to list on both centralized and decentralized exchanges (CEXs and DEXs). With less than a day remaining in the presale, over $461,473 has been raised out of the $676,594 goal, with 1 $FLOCK priced at $0.0057012. It is essential to note that crypto is a high-risk asset class, and this article is provided for informational purposes only and does not constitute investment advice. It is possible to lose all of your capital when investing in cryptocurrencies.
