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Reading: Solana Price Drops 7% as Investors FOMO into Mega Dice Token[embed]https://www.youtube.com/watch?v=K0MN3ZNxAFk[/embed]
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Kriptoteka > Market > DEX > Solana Price Drops 7% as Investors FOMO into Mega Dice Token[embed]https://www.youtube.com/watch?v=K0MN3ZNxAFk[/embed]
DEX

Solana Price Drops 7% as Investors FOMO into Mega Dice Token[embed]https://www.youtube.com/watch?v=K0MN3ZNxAFk[/embed]

marcel.mihalic@gmail.com
Last updated: September 14, 2024 6:14 pm
By marcel.mihalic@gmail.com 7 Min Read
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        <div class="telegrame_cta_content"><div class="wrap" wp_automatic_readability="5.3142857142857"><div class="telegrame_cta_content_inr" wp_automatic_readability="28.342857142857"><p>Subscribe to our <u><a href="https://t.me/insidebitcoins" target="_blank" rel="noopener">Telegram </a></u>channel to get the latest news updates</p>
</div></div></div><p><span style="font-weight: 400;">The price of Solana has decreased by over 7% in the last month, following a </span><a href="https://www.geckoterminal.com/solana/pools/FpCMFDFGYotvufJ7HrFHsWEiiQCGbkLCtwHiDnh7o28Q"><span style="font-weight: 400;">minor</span></a><span style="font-weight: 400;"> dip in the past 24 hours, currently trading at $134.83 as of 11:28 p.m. EST.</span></p>
<p><span style="font-weight: 400;">Despite recent declines, SOL has still surged over 650% in the last year.</span></p>
<h2><span style="font-weight: 400;">Solana Price Pushing to Break a Key Resistance Level</span></h2>
<p><img decoding="async" src="https://s3.tradingview.com/snapshots/b/byUMxjFw.png" alt="SOL Chart Image"/></p>
<p><span style="font-weight: 400;">4-hour chart for SOL/USD (Source: </span><a href="https://www.tradingview.com/x/byUMxjFw/"><span style="font-weight: 400;">GeckoTerminal</span></a><span style="font-weight: 400;">)</span></p>
<p><span style="font-weight: 400;">The </span><span style="font-weight: 400;">price of Solana</span><span style="font-weight: 400;"> is currently striving to surpass the resistance level at $139.37. If it manages to close a 4-hour candle above this threshold within the next 12 hours, it may have the potential to continue climbing over the next few days. This could see SOL reach as high as $152.78 in the near term.</span></p>
<p><span style="font-weight: 400;">Conversely, if Solana fails to maintain a position above $139.37 in the next 12 hours, it could negate the optimistic outlook. In this scenario, traders might start to sell off SOL, potentially pushing it down to test the $125.25 support level.</span></p>
<p><span style="font-weight: 400;">In a severe bearish situation, the Solana price could plummet to $109.74 if sellers persist in offloading the cryptocurrency after a drop to the $125.25 level within the next 48 hours.</span></p>
<h2><span style="font-weight: 400;">Technical Indicators Suggest Solana May Face Rejection at $139.37</span></h2>
<p><span style="font-weight: 400;">Technical analysis of SOL’s 4-hour chart indicates the price has stalled, losing some of its bullish momentum. Notably, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are beginning to reflect bearish trends.</span></p>
<p><span style="font-weight: 400;">RSI values have fluctuated between the low to mid 50s. While the indicator remaining above 50 indicates bullish strength, the downward trend of the RSI line suggests bears could seize control of the </span><span style="font-weight: 400;">Solana</span><span style="font-weight: 400;"> price at any moment.</span></p>
<p><span style="font-weight: 400;">The MACD Histogram turned positive during the previous day's trading, indicating that SOL has entered a temporary positive trend. However, as the Solana price neared the $139.37 resistance level, the indicator’s value began to decline, which traders may view as an early sign of a potential rejection.</span></p>
<p><span style="font-weight: 400;">As traders await whether Solana can convert the $139.37 resistance into support, investors are rushing to acquire </span><span style="font-weight: 400;">Mega Dice (DICE)</span><span style="font-weight: 400;"> before the presale concludes.</span></p>
<h2><span style="font-weight: 400;">Supported By A Thriving Online Casino Platform</span></h2>
<p><span style="font-weight: 400;">Mega Dice (DICE) holds a significant edge over other crypto casino tokens as it is backed by a well-established brand. The rapidly expanding Mega Dice casino has more than 50K players, 10K active monthly participants, and boasts over $50 million in monthly wagers.</span></p>
<p><span style="font-weight: 400;">In its efforts to grow further, the casino aims to attract more users through the launch of DICE. This token will not only provide exclusive access, rewards, and benefits to holders but also allow investors to partake in some of the casino’s daily revenues.</span></p>
<p><span style="font-weight: 400;">Given the significant amount of monthly wagers already taking place, DICE holders could potentially start earning from day one.</span></p>
<p><span style="font-weight: 400;">In addition to exclusive access and bonuses, the project is also providing early bird bonuses for presale investors. Some select holders will be rewarded with limited edition NFTs that can be traded on the open market.</span></p>
<p><span style="font-weight: 400;">With all the project has to offer and its backing by a trusted casino brand, it’s apparent why YouTuber TodayTrader informed his 11.9K followers that DICE has the potential for 100X returns post-DEX launch.</span></p>
<noscript></noscript>
<h2><span style="font-weight: 400;">Time Is Short To Purchase DICE At ICO Prices</span></h2>
<p><span style="font-weight: 400;">The presale for Mega Dice has entered its final phase and is set to conclude in 16 days. Investors still have the opportunity to buy tokens to access all the rewards and position themselves for the anticipated 100X surge as forecasted by TodayTrader.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="10.646239554318">
<p lang="en" dir="ltr">WARNING: Time's Almost Up to Grab <a href="https://twitter.com/search?q=%24DICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DICE</a> at the Lowest Price! 🚨</p>
<p>The <a href="https://twitter.com/search?q=%24DICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DICE</a> presale is closing soon, with the last price increase occurring this Tuesday! Don't miss this chance to invest in the top <a href="https://twitter.com/hashtag/GameFi?src=hash&amp;ref_src=twsrc%5Etfw">#GameFi</a> token on <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw">#Solana</a> before prices rise! ⏳… <a href="https://t.co/vzF1t77DsA">pic.twitter.com/vzF1t77DsA</a></p>
<p>— Mega Dice Casino (@megadice) <a href="https://twitter.com/megadice/status/1829531391010157046?ref_src=twsrc%5Etfw">August 30, 2024</a></p></blockquote>

<p><span style="font-weight: 400;">Currently priced at $0.116056, DICE can be purchased using SOL, ETH, or BNB. Once acquired, tokens can be staked via the project’s website, enabling investors to earn a remarkable 304% APY.</span></p>
<p><span style="font-weight: 400;">Secure your DICE tokens here before the presale concludes.</span></p>
<h3><span style="font-weight: 400;">Related Articles:</span></h3>

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