CandleFocus Analyst Says AI Altcoin That’s Up 4,000%+ in a Month Moving Extremely Well, Outlines Path Forward for Solana
2024-11-30
Author: Content Editor
Crypto analyst Altcoin Sherpa believes that the memecoin Act I: The AI Prophecy (ACT) is showing strength in the market after a significant surge. According to the trader's chart analysis, ACT has broken through the .382 Fibonacci retracement level and is holding it as support. The analyst attributes the coin's success to interaction with Elon Musk and solid technical analysis. ACT is currently trading at $0.64, representing a 4,800% increase from its November low. Altcoin Sherpa also suggests that Solana (SOL) may trade sideways between $259 and $210 for several months before potentially breaking out in late 2025. Solana is currently trading at $244, with a 3.5% increase in the last 24 hours.
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