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- 1 Solice crypto price is currently trading at $0.0027725 with a gain of 0.27% in the last 24 hours and a current market cap of $119,536.31.
- 2 Solice crypto price inclined by approximately 14.51% over the past seven days.
Solice emerges as a cutting-edge VR universe within the Solana blockchain ecosystem, offering a playground for users to engage, craft, possess, connect, and profit from their immersive ventures. It bridges the gap between diverse tech platforms, fostering a seamless integration that encourages users to bring along their social circle, propelling a rapid expansion of its community. Within this digital realm, adventurers can amass a variety of pets, jewels, and unique collectibles as NFTs, forge their creations and mini-games, and construct on their virtual land holdings.
Participants can acquire tokens and exclusive items by diving into quests, conquering dungeons, and climbing the leaderboards, rewarding their creative and active involvement. Solice is designed to mirror the real world’s adaptability, offering its inhabitants a voice in its evolution through a fluid, democratic system of governance that draws from real-life principles, all powered by Solice’s cryptocurrency.
Technical Analysis of Solice Crypto Price in 1-D Timeframe
Solice crypto has been experiencing a prolonged downtrend characterized by patterns of lower highs and lower lows. The upper EMA curves have been acting as resistance, preventing the crypto from breaking out of this trend.
This suggests that Solice crypto has been under selling pressure while the buyers have remained passive. On the other hand, the sellers have a strong advantage and continue to make short positions.
The price of SLC crypto (USD) shows weakness as it loses its gains below the key moving averages. Although SLC crypto briefly broke out above the $0.0056 trendline, bears pushed the price down, resulting in a decline in the crypto price. The buyers failed to maintain momentum, causing them to exit their positions.
As of press time, SLC crypto was trading at $0.0027714, showing a minor intraday gain of 0.24%. However, it was still trading below the 200-day EMA, indicating bearishness in the trend. The intraday trading volume also showed a decline. SLC crypto’s market cap is $119,536.31.
Over the past week, SLC crypto has experienced an increase of approximately 4.38%, but weakness has been seen over a month, with a decline of about 48.16%.
Looking back over three months, the crypto has dropped by around 20.62%, while over the last six months, it has inclined around 157.80%. Unfortunately, the crypto’s performance throughout the year has been lackluster, with a year-to-date slump of approximately 58.05%.
Solice Crypto’s current trading price is lower than the 50-day and 200-day EMAs, reinforcing the current price trend. However, if the selling pressure increases, the price might decline below these EMAs.
The RSI indicator is currently at 35.25, reflecting a neutral zone. Nevertheless, the 14-day SMA stands above the RSI curve, providing a bearish signal.
The MACD indicator is also bearish, as the MACD line has crossed below the signal line. This suggests that Solice crypto will likely continue to fall shortly.
Solice crypto seems bearish in the long run based on the technical indicators. However, if it can maintain the $50 level, it could continue to rise in the long term.
Summary
Solice crypto has been facing selling pressure, losing gains below key moving averages. It has shown weakness over the past month, dropping by around 20.62% over three months. The current trading price is below the 50-day and 200-day EMAs, reflecting a bearish trend. Technical indicators suggest bearishness in the long run.
Technical Levels
Support Level: $0022390.
Resistance Level: $0.0036114.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
