SOL is on a path to recovery, trading within a bullish flag pattern, which suggests that a rally could be on the horizon, though it may take some time to materialize. In contrast, ADA is languishing in a month-long descending channel, showing weak momentum for a potential rally.
DIGI has initiated another round of presales, closing within a few weeks, yet optimism remains high.
SOL On The Verge Of A Rally, But Delays Possible
SOL is currently trading within a bullish flag pattern, as seen on the daily time frame. This setup often precedes a breakout, although it can persist for an extended period.
A rally, if it occurs, is expected to breach its all-time high of $259. However, it must first overcome the fair value gap (FVG) between $153.89 and $180.37, a historical resistance point for the asset.
A sustained break above this FVG, with the price trading above it for several days, could signal the start of a rally.
ADA Continues to Lag Behind
ADA has been trading within a month-long descending channel. Currently, it is at a critical juncture within a fair value gap (FVG) between $0.3484 and $0.3642, which could act as a major demand zone.
If this level holds, ADA’s price might rise to the $0.5 region or higher. Failure to maintain this level could see ADA trading between $0.3 and $0.2.
DIGI’s Second Presale Stage Begins on a Positive Note, Attracting Investors
DIGI has recently concluded a presale, lasting nearly three weeks, which quickly sold out 45 million DIGI tokens for $150,000. This rapid sellout has drawn the attention of investors looking for long-term value.
At present, close to 6 million DIGI have been sold in just a few days, raising $26,000, with each unit priced at $0.004567. Early investors are to see a 1542% return by launch day, with an anticipated price of $0.075.
With 26 days remaining until the next price increment, analysts remain optimistic due to the array of benefits associated with DIGI, with some listed below:
DigiHorse, the revolutionary Web3 gaming platform for which DIGI is the native token, is under development. It aims to offer unique features and immersive gameplay, learning from the shortcomings of existing Web3 games.
The community around DigiHorse has grown to nearly 900 members who show active interest in both DIGI and DigiHorse, even while the platform is still in development.
For more information about DigiHorse and DIGI, please visit the official website.
Source: https://www.cryptopolitan.com/sol-extends-recovery-streak-ada-lags-and-digi-prepares-for-another-presale-round/