May Market Outlook: AI, MEME and Solana
Judging from the overall market conditions, there is no need to rush in with Fomo now.
JinseFinanceJudging from the overall market conditions, there is no need to rush in with Fomo now.
JinseFinanceAs a AAA game, the long game development cycle is a necessary process. Nyan Heroes did not "strike while the iron was hot" in the early stages and raised funds from users. For a team that focuses on game development, it is also a responsible attitude to some extent.
JinseFinanceHayes predicts an epic Solana (SOL) rally amid potential U.S. banking crisis, adding intrigue to crypto anticipation.
Xu LinAs of January 16, 2024, Ethereum NFT trading volume has increased 4x, while Solana NFT trading volume has increased more than 10x since its 2023 nadir.
JinseFinanceBluntz Capital, renowned for predicting Bitcoin's 2018 bottom, anticipates a 40% surge in Solana ($SOL). Using Elliott Wave theory, he sees a corrective phase completed and a bullish trajectory.
Xu LinFranklin Templeton expresses admiration for Solana, fueling speculation about a Solana ETF. The firm also showcases positive sentiment towards Ethereum's future developments in the evolving cryptocurrency investment landscape.
Huang BoThe daily RSI has generated bullish divergence.
BeincryptoDaily RSI for SOL has remained below the neutral 50-level for most of the last month indicating a higher sell-side pressure in the market.
BeincryptoSolana market grapples with multiple bearish setups if it breaks below its key 50-week moving average.
Cointelegraph