{"id":462380,"date":"2023-12-01T12:37:11","date_gmt":"2023-12-01T12:37:11","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=462380"},"modified":"2023-12-01T12:37:11","modified_gmt":"2023-12-01T12:37:11","slug":"solana-price-prediction-top-analyst-says-sol-headed-for-triple-digits-in-2024-but-consider-this-crypto-casino-for-100x-gains-before-time-runs-out","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/solana-price-prediction-top-analyst-says-sol-headed-for-triple-digits-in-2024-but-consider-this-crypto-casino-for-100x-gains-before-time-runs-out","title":{"rendered":"Solana Price Prediction: Top Analyst Says SOL Headed For Triple Digits In 2024, But Consider This Crypto Casino For 100X Gains Before Time Runs Out"},"content":{"rendered":"<p>Solana price is up 2% in the last 24 hours to trade for $61.17 as of 5:40 a.m. EST, but trading volume has dwindled almost 20% over the same timeframe.<\/p>\n<p>Analyst Altcoin Sherpa, with almost 200k followers on X, sees better things ahead with SOL headed for triple digits in 2024.<\/p>\n<p>As expectation brews, consider <a href=\"https:\/\/insidebitcoins.com\/visit\/tgcasino\" target=\"_blank\" rel=\"noopener nofollow\">TGC<\/a>, the next big <a href=\"https:\/\/insidebitcoins.com\/bitcoin-casinos\/telegram-casinos\" target=\"_blank\" rel=\"noopener\">Telegram casino<\/a> that aims to take on Rollbit.<\/p>\n<p>https:\/\/www.youtube.com\/watch?v=2_qjQmqU2Cc<\/p>\n<h2>Top Analyst Forecasts Three-Digit Target For Solana<\/h2>\n<p>Altcoin Sherpa sees Solana going &ldquo;to 3 digits in 2024&rdquo; after &ldquo;some chop between $50-$75 for some amount of time.&rdquo; The analyst attributes this expectation to the tendency of price to fill out the inefficiency, referring to the fair value gap (FVG).<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SOL<\/a>: expecting some chop between $50-$75 for some amount of time. Usually price likes to fill out the inefficiency. Overall, I do think that this goes to 3 digits in 2024 though. <a href=\"https:\/\/twitter.com\/hashtag\/Solana?src=hash&amp;ref_src=twsrc%5Etfw\">#Solana<\/a> <a href=\"https:\/\/t.co\/IgMOXgrocQ\">pic.twitter.com\/IgMOXgrocQ<\/a><\/p>\n<p>&mdash; Altcoin Sherpa (@AltcoinSherpa) <a href=\"https:\/\/twitter.com\/AltcoinSherpa\/status\/1730214045964210238?ref_src=twsrc%5Etfw\">November 30, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>For the layperson, an FVG represents an inefficiency or imbalance in the market. They occur when buying or selling pressure leads to significant price movements, leaving behind gaps on price charts.<\/p>\n<p>It acts as a magnetic pull, effectively, on the price of the asset. This is such that, for as long as the price does not fill this inefficiency, there will remain an imbalance in that market. This imbalance is seen as a liquidity gap that needs to be collected.<\/p>\n<h2>Solana Price Prediction As SOL Fills Up A Triangle<\/h2>\n<p>Notably, Solana price shows an FVG on the weekly timeframe, but the daily timeframe paints a different picture. It shows that the purported Ethereum killer is filling up a symmetric triangle, which means the next directional bias will only be determined after the breakout.<\/p>\n<p>Traders looking to enter long on short positions should therefore wait for Solana price to vindicate itself from the confines of this technical formation.<\/p>\n<p>Meanwhile technical indicators give conflicting signals. For one, the Relative Strength Index (RSI) is moving north, showing momentum is rising. This, coupled with the fact that it is has already signaled a call to buy SOL by crossing above the signal line (yellow line), tilts the balance in favor of the upside.<\/p>\n<p>Increased buying pressure in this respect could see Solana price shatter the upper trendline of the triangle. A breakout north and therefore continuation of the trend will be confirmed once SOL breaks and closes above the $67.26 resistance level.<\/p>\n<p>Further north, the gains could extend for the price to clear the range high at $68.20, or higher breaching the $70 and $80 psychological levels before testing the $92.76 resistance level, last tested on May 5 around the time when the Terra (UST) ecosystem collapsed.<\/p>\n<figure id=\"attachment_462381\" aria-describedby=\"caption-attachment-462381\" style=\"width: 1269px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/SOLUSDT_2023-12-01_13-37-51.png\"><img decoding=\"async\" class=\"wp-image-462381 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/SOLUSDT_2023-12-01_13-37-51.png\" alt=\"Solana price\" width=\"1269\" height=\"538\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/SOLUSDT_2023-12-01_13-37-51.png 1269w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/SOLUSDT_2023-12-01_13-37-51-300x127.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/SOLUSDT_2023-12-01_13-37-51-1024x434.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/SOLUSDT_2023-12-01_13-37-51-768x326.png 768w\" sizes=\"(max-width: 1269px) 100vw, 1269px\"><\/a><figcaption id=\"caption-attachment-462381\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/x\/c4LwqnK6\/\" target=\"_blank\" rel=\"noopener\">TradingView: SOL\/USDT 1-day chart<\/a><\/figcaption><\/figure>\n<h4>Converse Case<\/h4>\n<p>However, it could be that the crossover between the RSI and the signal line has already been price in with the leading green candlestick in the chart above. If so, a correction could be underway, backed by the solid presence of the bears in the SOL market, indicated by the red hot histogram bars of the Awesome Oscillator (AO).<\/p>\n<p>In such a case, increased seller momentum could see Solana price extend lower, breaking below the lower trendline of the triangle and tagging the 25-day Exponential Moving Average (EMA) at $54.11. Further south, the price could slip below the $51.63 support level, in a move that would invalidate the bullish thesis.<\/p>\n<p>Next levels to watch in such a directional bias would include the 50-, 100-, and in the dire case, the 200-day EMA at $46.54, $37.75, and $31.20 levels respectively.<\/p>\n<p>For investors looking for faster upside potential it may be worth considering <a href=\"https:\/\/insidebitcoins.com\/visit\/tgcasino\" target=\"_blank\" rel=\"noopener nofollow\">TGC<\/a>, the powering token for the <a href=\"https:\/\/insidebitcoins.com\/visit\/tgcasino\" target=\"_blank\" rel=\"noopener nofollow\">TG.Casino<\/a> ecosystem that gives investors an exclusive place for anonymous gambling.<\/p>\n<p><iframe title=\"NEW CASINO TOKEN LAUNCHING SOON!&#128293; (TG Casino Presale Review)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/wSr8myes-rM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Promising Alternative To Solana<\/h2>\n<p>TG.Casino is a fully licensed and 100% safe gambling platform, presented as an ecosystem that gives back to its players through constant rewards by leveraging the TGC token.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Guess the TG Casino game from the emojis below&#11015;&#65039; <a href=\"https:\/\/t.co\/KWeQv7xi1W\">pic.twitter.com\/KWeQv7xi1W<\/a><\/p>\n<p>&mdash; TG Casino (@TGCasino_) <a href=\"https:\/\/twitter.com\/TGCasino_\/status\/1730346917777801586?ref_src=twsrc%5Etfw\">November 30, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Investors looking to <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-tg-casino-token\" target=\"_blank\" rel=\"noopener\">buy TGC<\/a> can do so on the website using Ethereum or Tether (USDT) stablecoin. The token is selling for $0.17, a price tag that will remain only for the next 15 hours.<\/p>\n<p>Offering a wide range of gambling activities for you to participate in, now is the time to join in on the action.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Which one of the newly added TG Casino games do you like the most? &#127920; <a href=\"https:\/\/t.co\/DbVrhDHZYB\">pic.twitter.com\/DbVrhDHZYB<\/a><\/p>\n<p>&mdash; TG Casino (@TGCasino_) <a href=\"https:\/\/twitter.com\/TGCasino_\/status\/1730075608737030428?ref_src=twsrc%5Etfw\">November 30, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Join the many traders who have already signed up for the casino, evidenced by the remarkable presale raise, recording over $3.190 million so far. 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wp-image-462385 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/stake-1.png\" alt=\"TGC Stake\" width=\"1177\" height=\"303\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/stake-1.png 1177w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/stake-1-300x77.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/stake-1-1024x264.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/12\/stake-1-768x198.png 768w\" sizes=\"(max-width: 1177px) 100vw, 1177px\"><\/a><\/p>\n<p>Visit TG.Casino website to buy TGC in the presale <a href=\"https:\/\/insidebitcoins.com\/visit\/tgcasino\" target=\"_blank\" rel=\"noopener nofollow\">here<\/a>.<\/p>\n<h3>Also Read:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/how-to-buy-tg-casino-on-presale-alessandro-de-crypto-video-review\">How To Buy TG.Casino On Presale &ndash; Alessandro De Crypto Video Review<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/hotcuppacrypto-invests-500-in-telegram-casino-project-with-high-potential-altcoin-tg-casino\">HotCuppaCrypto Invests $500 in Telegram Casino Project with High-Potential Altcoin &ndash; TG.Casino<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/crypto-experts-predict-tg-casinos-tgc-gamefi-token-might-erupt-like-rollbit-following-3m-raise-with-only-2m-remaining\">Crypto Experts Predict TG.Casino&rsquo;s ($TGC) GameFi Token Might Erupt Like Rollbit Following $3M Raise, With Only $2M Remaining<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p 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