Can it Turn Bullish Next Week?

After posting two consecutive weekly gains to end 2023, Solice crypto started the new year on the back foot and has lost nearly 28% by late Saturday before ending this week.

The short-term outlook seems to be under pressure as the price broke below the 20-Day EMA. The Solice price could stretch higher once 50-Day EMA is established as a support.

Solice is a virtual reality (VR) metaverse that runs on the Solana blockchain. Users can play, create, socialize and monetize their virtual experience. It is compatible with different platforms and devices which allows users to invite and interact with others. 

It also offers a rich and diverse collection of non-fungible tokens (NFTs), such as pets, gemstones and collectibles. Moreover, the users can earn SLC tokens and other rewards by participating.  

Solice Crypto Price Technical Analysis

Moreover, the Solice crypto experienced high volatility in the past two weeks including a 200% gain in earlier two sessions. Thereafter, the price faced sharp rejections from the upper levels which eroded all the gains and further fell below the 20 EMA. 

The market action remained subdued in the past two sessions and seem to be stabilizing the volatility created. 

The relative strength (RSI) indicator on the chart dropped to 51.62 on Saturday pointing to a potentially brief bearish tilt. The $0.0042 (static level) aligns as a pivot level for SLC cryptocurrency.

Solice Price Prediction January 2024

The short term price prediction for Solice token may turn positive if the price bounces back from the 50-day EMA. The analysts have a wide range of price targets for January  lying between $0.0066 on the positive side to $0.0036 on the negative side.

Solice Price Prediction 2024

The most optimistic forecast of the analysts hopes that the SLC crypto may advance to a high of $0.0092 by 2024 end. Whereas, the pessimistic outlook suggests the crypto may rise to $0.0073.

Solice Price Prediction 2025

By next year, the SLC crypto may continue to climb higher. The price may therefore advance to a high of $0.012 suggesting an upside potential of 153.76%. The pessimistic view of analysts expect the price to reach a high of $0.0093.

Solice Price Prediction 2026

According to the most optimistic forecast of the analysts, the SLC price could reach as high as $0.0144 over the next two years. The minimum price projection made by the analysts by 2026 end is $0.0122.

Solice Crypto Price Prediction 2027

The price analysis for the year 2027 shows that the SLC cryptocurrency may achieve $0.020 as the highest price. The bearish view of the analysts expects the price to reach a low of $0.0154 by 2026.

Solice Crypto Price Prediction 2028

The most bullish analysts foresee a potential price of $0.0247 by the year 2028. A minimum price target that the SLC crypto may achieve by 2027 is $0.0173. 

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss. 

Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages ​​and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.