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- 1 The SLC crypto token is trading at $0.0034859, down 1.07% in the last 24 hours and the average 30-day volume is $7.55 Million.
- 2 The RSI curve value is at 61.86, and the smoothened line of 14-SMA is at 47.61, illustrating the potential to climb higher.
Solice is a crypto token that is accessible on the GATEIO Exchange platform. CoinMarketCap data shows that it is currently ranked 3911 based on its market capitalization. The token is designed to serve the metaverse ecosystem, where users can enjoy various features and functions in their virtual experiences and the Solice operates on the Solana blockchain.
During the beginning of 2024, there was a pump-and-dump scenario in which the price fell from the supply. However, later on, it formed support at the level of $0.0025000. Following a month of sustained trading at this level, the price is now rising and the current candlesticks are displaying some spikes.
At press time, the SLC token is trading at $0.0034859, down 1.07% in the last 24 hours and the average 30-Day volume is 7.55 Million.
Since then, the SLC has exhibited a sign of resurgence as the price showed sustenance signs and buying potential from a pivotal level of around $0.0025000 on the chart.
Is Bullish Momentum About To Spike In Solice Crypto?
The recent price action signifies that the SLC crypto is on the verge of a stunning breakout, as it gathers momentum to shatter the hurdle and fly higher and higher from the current base zone.
Therefore, if the demand for the token surges abruptly, the Solice price could bounce back strongly from the current level. The next goal for the price is to reach $0.0050000.
Furthermore, the SLC crypto asset is exhibiting bullish features and picturing that it can reach higher levels, reliant on the buyer’s surge. Overall price structure suggests that it has displayed good performance in the previous week, month, and quarter by 22.79%, 9.41%, and 13.01% respectively, signifying a beginning of possible strong upward direction momentum.
Correspondingly, the SLC crypto asset is rising and shows a strong upthrust possibility from the dynamic resistance of the EMAs, as it remains above the major 20, and 50-Day EMA bands on the daily chart, this property of the token is indicating bullish strength.
Likewise, the Solice crypto asset is showing bullish momentum as the histogram is broadening between both the signal line and MACD line, which is a positive sign for the token’s price over the daily chart. On the other hand, the MACD line is at 0.0000196, the signal line is at -0.0000848, and the histogram line is at 0.0001044.
Similarly, the RSI curve is rising steadily from the support of the 14-SMA smoothened line, indicating that the SLC crypto asset is not losing steam and can continue to climb higher as it is overbought yet. the RSI curve value is at 61.86, and the smoothened line of 14-SMA is at 47.61.
On the flip side, if the crypto price fails to stay above the $0.0025000 level, it could decline further and could make new depths.
Summary
Solice is a VR metaverse token on Solana. It has recovered from a low and is aiming for a high. It has bullish indicators and performance and It may reach $0.0050000 or drop below $0.0025000.
Technical Levels
Support Levels: $0.0025000
Resistance Levels: $0.0050000
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
