Solana Price has been disrupted this week and is about to pass the negative side with concerns about Meme currencies in jumps in the ecosystem. The Sol Code fell to $ 160 this week, and it is about to form a high Death Cross style on the daily chart. So, what is the next for Solana where market experts move to Minotaurus (MTAUR)?
Solana Price’s expectations
Solana, one of the largest players in the encryption industry, rose to the bear market, as it decreased from nearly $ 300 to $ 173. This currency has a larger downside because it is about to form a cross -building pattern, which happens when the 200 -day moving averages fluctuate each other.
Solana also formed a double planned style at $ 264, and the neckline was $ 170. The dual summit is one of the most descending patterns in technical analysis. I have also moved down to the Ichimoku Cloud index.
In addition, Solana fell to less than the decisive rising trend line that connects the lowest fluctuations since August 5 last year. The transition below this level is a sign that the market participants expect to collapse more in the next few months.
Therefore, there is a possibility that Solana Price will decrease to $ 110 in this bear market cycle. Such an accident means that 37 % drowned from the current level. On the other hand, the step is higher than the resistance level at $ 203, which is a 50 -day moving average, will nullify the downward expectations.
Why the Sol price explodes
There are two main reasons behind the collapse of the Solana price. First, the decrease occurred due to the constant diving of other encrypted currencies. Bitcoin fell from 109,300 dollars to $ 95,000, while most symbols like Cardano and Tron in Bir Market are very slope.
Second, Solana crashed due to the spread of coins in its ecosystem. All of the recently launched Meme currencies have fell, which cost many billions of billions and made those familiar with millions. The best examples of this are Trump and official dust, which was promoted by Javier Millie.
All of this led to fears that Solana is a fraud group. It has also led to a sharp diving from the folder that Dex Protocols cited.
Experts flow to Minotorus
Cross experts, who are afraid of the continuous problems on Solana, have flocked to Minoturus, a player coming in the game industry. Minotarus developers create a game that will be available on Android and iOS. It will be a simple game to play it is expected to enjoy millions of users.
Minotaurus has already crossed a sign of $ 1.75 million in the pre -race sales of the race in the past few weeks, and the momentum gets Steam. This path occurs because many participants know its potential. For one of them, in the Blockchain and entertainment games industry that has a total treatment or TAM market more than $ 50 billion. Participants also buy MTAUR code due to the promising bullish path during the pre -prepared period. The MTAUR icon is now priced on 0.00010518, which is much lower than the final listing of 0.000200. Users also stand a chance Great big Through the gift of 100000 USDT. Therefore, the fastest and purchase of the Minotorus icon here.
