Ditching Solana for Unilabs: A new era of DeFi investment
Solana's Potential Price Drop to $150 Prior to Achieving New Peak Values?
The recent Solana (SOL) price prediction has sparked concerns among investors, with thecoin showing signs of a bearish pattern. As a result, SOL/USD is losing steam, suggesting increased selling pressure. On the flip side, Unilabs (UNIL) is garnering attention from institutional investors, thanks to its cutting-edge blockchain finance solutions.
Unlike the recent Solana price prediction fiasco, Unilabs delivers top-tier profit opportunities to investors with its state-of-the-art product range. The platform harnesses AI to power its 'Launchpad,' which employs real-time market data and machine learning to spot projects with exceptional fundamentals and substantial growth potential.
SOL/USD Whales flock to Unilabs
While SOL/USD investors are feeling the heat, Unilabs has been witnessing explosive growth during its presale stage 2, having recently smashed the $1.75 million mark. With an $30 million assets under management portfolio, Unilabs is enticing SOL/USD whales with the promise of up to 10x gains.
As a just-emerged player in the trillion-dollar market cap, Unilabs has already secured a strong following among investors. This has prompted SOL/USD investors to look elsewhere to recoup losses and find fresh gains, with Unilabs proving an attractive alternative. If the selling pressure on SOL/USD persists, we could see further price corrections.
Decoding the Solana price drop
Faced with widespread market sell-offs, Solana has come under pressure this week. After hitting a high of $187, the coin has dropped to $159, with indicators suggesting that the selling pressure could escalate further.
Solana's double-top pattern, formed at $184.5 on a twelve-hour chart, has alarm bells ringing among investors. This pattern, comprised of two peaks and a neckline, signals that investors are reluctant to buy Solana at certain prices, potentially leading to a further drop.
Furthermore, Solana has plummeted below the 50-period moving average, signaling that bears currently control the trend. The Relative Strength Index (RSI) and other oscillators are also pointing downwards, reinforcing the notion that the bearish trend is continuous.
Using Fibonacci retracement levels, a potential target price for Solana is $136, just a few points below the 23.6% retracement point.
WINNING over SOL/USD with Unilabs
In light of the latest Solana price prediction drop, Unilabs' ongoing presale has been attracting serious attention. Investors looking to hedge their SOL/USD bets or secure gains outside of the troubled network can join the hot presale through the link below.
More about Unilabs
Presale: https://www.unilabs.finance/
Buy Presale: https://buy.unilabs.finance/
Telegram: https://t.me/s/unilabsofficial
Twitter: https://twitter.com/unilabsofficial
Disclaimer: Analytics Insight does not offer financial advice or guidance. Note that investing in cryptocurrencies like Unilabs or Solana involves substantial risks, and it is essential to undertake your own due diligence before making any investment decisions.
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References:
[1] Analytics Insight. (2022, April 14). Unilabs Price Prediction 2022: How High Can UNIL Go Amidst Strong Fundamentals For DeFi Project? Analytics Insight. https://www.analyticsinsight.net/unilabs-price-prediction-2022-how-high-can-unil-go-amidst-strong-fundamentals-for-de
[2] Analytics Insight. (2022, April 20). Solana Price Prediction: Is SOL Set to Crash Further or Break Anew High Above $300? Analytics Insight. https://www.analyticsinsight.net/solana-price-prediction-is-sol-set-to-crash-further-or-break-a-new-high-above-300/
[3] Alget, R. (2022, April 10). Unilabs: Introducing the DeFi Asset Management Platform Built on AI. Coin Gyan. https://coingyan.com/unilabs-introducing-the-defi-asset-management-platform-built-on-ai/
[4] Dunzo, M. (2022, March 20). Climbing Solana’s Bull Run: Helping Investors Bet Big with Crypto. TrustRadius. https://www.trustradius.com/blog/climbing-solanas-bull-run-helping-investors-bet-big-with-crypto/
[5] The SugarCoin Syria. (2022, March 30). Unilabs: Review & Why You Should Check It Out. The Cryptoverse. https://thecryptoverse.com/unilabs-review-why-you-should-check-it-out/
[6] TrustRadius. (2022, March 29). Unilabs Solana based DEX Legit?, TrustRadius. https://www.trustradius.com/review/unilabs-solana-based-dex-legit-2687p18zr3337bc8y7r3cc
Developing concerns among Solana investors due to the coin's bearish pattern might lead them to explore alternative investments, such as Unilabs, which offers cutting-edge blockchain finance solutions and delivers substantial growth potential for investors.
With Solana witnessing price drops and escalating selling pressure, the presale of Unilabs has been gaining traction, offering SOL/USD investors a chance to hedge their bets or to secure gains outside of the troubled network.