Despite SOL’s effort to reclaim the $200 mark, the Solana price failed to do so. SOL traders have not lost hope that it can reach its anticipated $200 mark or even its previous ATH. The formation of a golden cross has given hope for another Solana price rally.
While the SOL token starts an ascending path, investors flock to an emerging asset management platform called Unilabs Finance. This AI-backed platform has become the talk of the town with a staggering presale raise of about $12 million in stage 6 of the presale. Experts call it “SOL slayer” due to its growth potential.
Solana Price Analysis: Golden Cross Could Propel SOL Back To $200!
The SOL token has maintained a 10% increase over the past three months despite the recent correction, with the Solana price currently reaching the $170 mark. This resilience points to underlying strength in the SOL token even as short-term price movements trend downwards.
One of the most promising signals comes from exchange data. Solana’s price balance on centralized exchanges has dropped sharply from 33.06 million on July 23 to 30.78 million by August 5. This 10% reduction suggests fewer SOL tokens are available for immediate selling, often a precursor to price rebounds.
On-chain metrics reveal that the Solana price has once again moved above the exchange supply trendline. This crossover has historically preceded short-term rallies. Previous instances saw SOL jump from $173 to $205 in six days following a similar crossover on July 16, and from $182 to $188 in just three sessions after the July 24 crossover.
The technical analysis reveals the formation of a golden cross on the SOL charts. The 100-day Exponential Moving Average (EMA) and the 200-day EMA are approaching a golden crossover. This setup typically signals the beginning of a stronger uptrend and occasionally triggers rallies.
Unilabs Finance Combines AI And Crypto For Explosive Growth!
Unilabs Finance is a newly launched asset management platform that is here to change the investment game with its cutting-edge AI-powered technology. It is being labelled as a SOL slayer by the market experts thanks to its huge growth potential.
It is the world’s first AI-backed asset manager that boasts over $31.8 million in Assets Under Management (AUM) and offers massive profits to users. Unilabs’ AI Market Pulse feature aims to help newbie investors identify promising investment opportunities early on.
This tool can analyze market trends and key metrics about a project to deliver actionable insights. Using this insightful data, investors can easily pick profitable projects before they hit the mainstream market and deliver massive profits. It also offers a unique Memecoin Identification Tool, which enables high-risk investors to vet out memecoins likely to deliver gains.
Furthermore, Unilabs Finance is offering its Flash Loan Accelerator to boost its value proposition. High-risk investors often require substantial capital, and through Unilabs Flash loans, users would instantly access massive capital without any collateral.
UNIL Picks Up Momentum With $12 Million Raised!
Unilabs Finance, besides offering such high-technology features, has also done remarkably well in its ongoing presale. It also comes out as a highly enticing investment option, as leading altcoins like the Solana price fail to deliver what their investors were expecting.
The AI-powered platform has sold over a billion UNIL tokens and raised over $11.9 million. Unilabs is currently available for just $0.0097, but it’s expected to reach $0.0108 in the next presale round. The platform offers a variety of benefits for UNIL holders that give it an edge over other ongoing presales.
These perks include 14% gains, governance rights, and discounts for early investors. Furthermore, Unilabs rewards its early investors through its twelve-tier reward system. Users would get up to 30% of all the fees generated on the platform based on their UNIL holdings.
Furthermore, Unilabs Finance is getting ready for its CMC listing, which makes it more probable for Unilabs to deliver over 10x gains as observed in the past for such utility coins.
Key Takeaways
Experts call Unilabs Finance a “SOL slayer” due to its staggering presale raise of about $12 million and its explosive growth potential. The platform has grabbed the spotlight in this bull run, while the Solana price analysis reveals the formation of a golden crossover and an impending rally.
Find out more about the Unilabs (UNIL) Presale Today:
Website: https://unilabs.finance/
Telegram: https://t.me/unilabsofficial
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Credit: Source link
