Three coins – Solana, Polkadot, and Pomerdoge have garnered significant attention from investors and analysts lately. While the crypto market has been bearish, they have managed to weather the storm. Analysts have forecasted that they have what it takes to dominate the crypto market this year. Let us look at their price movements.
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Solana (SOL) Continues To Drift Lower
Solana’s gradual decline suggests a persistent bearish presence, as bears continue to capitalize on even the slightest relief rallies. If the bearish trend lingers, the price of Solana could drop to the intraday low of $19.35 observed on August 22nd.
On the flip side, a reversal and a breach above the $22.30 mark would signal robust buying activity for Solana. This could lead to an ascend for the Solana coin towards the 50-day SMA ($23.61).
Consequently, more bullish price movements would push the token to challenge the resistance level of $26. Currently, the Solana price stands at $20.16, a -0.64% price decline in the last 24 hours.
Polkadot (DOT) Bullish on the Daily and Weekly Chart
After the recent correction to $4.55, Polkadot has stabilized, establishing a foothold at the base of the descending triangle. Currently, the bulls are making attempts to propel Polkadot above the overhead resistance located at the 20-day EMA ($4.64).
If the token experiences a downturn, it would indicate that the prevailing sentiment remains negative. This, in turn, would elevate the possibility of a retest of the crucial support level at $4.22. Meanwhile, if this support level gives way, Polkadot could drop to $4, followed by a further slide to $3.88.
However, Polkadot’s RSI value is currently rising and has reached 43.37, a sign that bulls are in control. A successful triangle breakout could cause the price of the Polkadot coin to rise toward the $7.55 level.
Pomerdoge (POMD) To Give Investors and Traders 17x Returns
Pomerdoge (POMD) has garnered considerable attention from investors in recent weeks due to its price trajectory. Despite the turbulent market conditions, the token’s value has risen from $0.009 to $0.01. Pomerdoge aims to offer competitive and enjoyable gaming experiences to players worldwide.
Furthermore, the platform’s core mission is to unite gamers on a global scale. Crypto experts have predicted the blockchain gaming industry to achieve a market capitalization of $65.7 billion by 2027. This positions Pomerdoge as having substantial growth potential.
<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>Price Increasing!! <br><br>We are now over 75% sold out of Stage One and its looking extremely likely that the first stage will sell out early! THE PRICE WILL INCREASE TO $0.014 ON FRIDAY THE 8th of September At 19:00 UTC <br><br>You can sign in to your account at anytime via… <a href=”https://t.co/rvdthjcACy”>pic.twitter.com/rvdthjcACy</a></p>— Pomerdoge (@pomerdoge) <a href=”https://twitter.com/pomerdoge/status/1698539577944723725?ref_src=twsrc%5Etfw”>September 4, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>
The platform has introduced its native token, the Pomerdoge token ($POMD). This token will function as the in-game currency, granting holders access to enticing rewards, exclusive items, and NFTs.
Additionally, Pomerdoge has plans to unveil a unique collection of 7,777 NFTs next month, exclusively for POMD holders. As a result, Pomerdoge presents an enticing opportunity for new investors to earn more. Besides, experts have projected an impressive 17x return on investment for investors by year’s end.
Find out more about the Pomerdoge (POMD) Presale Today:
Website: https://pomerdoge.com/
Telegram Community: https://t.me/pomerdoge