Cryptocurrency

Solana Price Prediction: Will SOL Price Recover after Forming Death Cross as JetBolt Shows Bullishness

Market Trends

The price of Solana has been under pressure, dipping below the important support levels and forming a "death cross" which is a technical pattern that most often indicates a possible prolonged bearish momentum. On the other hand, with the recent price movement, SOL has been able to recover some of its early losses and is currently trading at $143.59, up 1.8% within the last 24 hours. So will SOL's price recover after the formation of this "death cross," or is more trouble ahead?

While Solana is on the road to recovery, another name in the limelight has emerged-from nowhere, JetBolt (JBOLT). JetBolt has proactively set itself up to be one of the must-watch next-gen altcoins today, with nearly 335 million tokens sold and innovative characteristics like zero-gas tokens and AI utility. 

Amid Solana forming a death cross pattern, can SOL's price recover and hit a new all-time high soon? What's driving JetBolt's soaring buying frenzy? Keep reading to find out.

Solana Price Prediction: Will SOL Rebound After the Death Cross?

Solana (SOL) is trying to bounce back, now sitting at $143.59 after a 1.8% price increase in the past 24 hours. While this small recovery offers a bit of hope, the larger picture remains shaky. SOL recently dropped below key price-support levels, with concern of further downhill progression as a "death cross" pattern formed, which is said to be a signal that occurs when the 50-day moving average dips below the 200-day moving average. Market indicators, like the Bull Bear Power (BBP), remain negative, indicating sellers are still holding the upper hand. 

SOL’s price movement in the past seven days, chart from CoinGecko.

Failure to hold the rebound could prompt another fall toward the $138 support zone, with downside risk targeting levels below $125; however, if a momentum surge continues, pushing above $150 could allow Solana to aim for major resistance at $165 and $180.

While short-term price action shows some recovery, Solana still faces structural challenges. The looming unlocking of 11.5 million SOL tokens threatens to increase selling pressure, and network activity has seen a slowdown.

However, increased institutional interest, especially after Franklin Templeton's recent filing for a Solana ETF, could become a key growth factor. Speculation remained strong in recent days, particularly as seen in derivative trading volumes. 

For SOL to regain its bullish momentum, the coin must first reclaim $150 and build strong support above that level. A clear break above $165 would tilt sentiment back to the bulls, but failure to do so would leave the coin susceptible to further volatility.

JetBolt Rises to the Top: Selling Nearly 335 Million Tokens and Still Climbing

As Solana struggles to regain momentum after its recent “death cross” pattern, a new contender is capturing attention in the crypto world. JetBolt (JBOLT) is piquing the attention of not only whales and buyers but also developers, with nearly 335 million tokens sold since its debut. This rising altcoin is drawing interest due to its innovative blockchain features that many view as something truly fresh in the crypto world.

One of JetBolt’s standout features is its advanced zero-gas technology. Built on the Skale Network, JetBolt completely removes gas fees, a feature that;s both attractive to users as well as to Web3 developers. By eliminating one of the biggest cost barriers, JetBolt is getting people to rethink how they operate in the decentralized space.

Speed is another key advantage. Transactions settle nearly instantly, creating a smoother and more seamless blockchain experience for users. JetBolt’s unique Web3 wallet enhances this further with biometric logins, facial recognition, and self-custodial security—features designed to simplify the user experience for both newcomers and experienced traders alike.

But JetBolt isn’t just about fast and gas-free transactions. It integrates an AI-driven tool that collects an aggregation of blockchain news tagged based on market sentiment. This blend of AI and crypto reflects a forward-thinking approach, setting JetBolt apart in the Web3 landscape.

On the staking front, JetBolt introduces a more interactive model. The young altcoin's revolutionary staking system allows users to earn extra rewards not just for holding tokens, but for staking their JBOLT tokens while engaging with other token holders at the same time.

Furthermore, JetBolt's presale offers irresistible perks, with early adopters able to enjoy up to 25% more tokens through Alpha Box bundles. With this mix of utility and innovation, it’s no surprise that JetBolt is gaining traction among crypto whales and altcoin buyers.

Conclusion: Will SOL Price Recover after Forming Death Cross as JetBolt Shows Bullishness?

Solana’s recent price action leaves investors at a crossroads. While the slight recovery to $143.59 hints at a potential rebound, the presence of a “death cross” pattern and the looming selling pressure from the upcoming token unlock add uncertainty. Key resistance levels at $150 and $165 will determine whether SOL can break free from its downtrend or face another leg down. 

Meanwhile, JetBolt’s strong momentum is amongst the hot headlines gaining attention in the crypto space. With JetBolt's zero-gas technology, fast transactions, and an AI-driven tool, whales and developers are talking about this new entrant. As SOL fights to reclaim lost ground, JetBolt’s continued rise adds another layer of intrigue to the evolving market.

For more details on JetBolt, visit its official website.

Before purchasing any cryptocurrency, make sure to do your own research. The market is highly unpredictable, with prices that can surge or crash in a matter of moments. Volatility is a constant, and trends can change without warning. Always evaluate the risks carefully before making any moves. This piece does not contain or offer financial advice.

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