SOL, LINK forecasted to surge; XYZVerse targets a 480% rally this month

XYZVerse is putting its community first, allocating 10% of its total supply (10 billion XYZ) to airdrops alone, one of the largest in memecoin history. Combined with a deflationary token model and planned listings on both DEXs and CEXs, XYZ is setting itself up for a high-energy breakout.

With rewards, airdrops, and strategic exchange launches ahead, XYZVerse is more than just hype, its a full-fledged memecoin ecosystem.

Solana fluctuates

Solana (SOL) has seen significant price changes recently. In the past month, its price jumped by 55.97%. Over the last week, it went up by 9.13%. However, over the past six months, it is down by 17.68%. This mix of short-term gains and longer-term losses highlights its volatile nature.

Currently, SOL is trading between $138.48 and $151.93. The nearest resistance level is at $159.70. If it reaches this point, that would be a 5% jump from the current upper range. The next resistance level is at $173.15, which is roughly a 14% rise. On the downside, the nearest support level is at $132.80, about a 5% drop from the current lower range. The second support level is at $119.35, a possible 14% decrease.

Technical indicators provide further insights. The 10-day simple moving average is at $162.91, above the current price range, suggesting recent downward movement. The 100-day simple moving average is $149.46, close to the current prices. The Relative Strength Index (RSI) stands at 69.05, nearing the overbought threshold of 70. The stochastic oscillator is at 87.19, also indicating overbought conditions. The MACD level is 2.95, pointing to positive momentum.

Chainlink surges

Chainlink (LINK) has been on a significant upswing. In the past week, its price rose by 8%, and over the last month, it skyrocketed by nearly 46%. Even over six months, its up more than 15%. Currently trading between $13.40 and $14.80, LINK is showing strong performance in the crypto market.

Technical indicators point to continued bullish momentum. The Relative Strength Index (RSI) is at 72.70, suggesting overbought conditions. The Stochastic oscillator is at 74.45, reinforcing this view. However, the positive MACD level of 0.3353 indicates upward movement. The 10-day Simple Moving Average (SMA) is $15.79, above the current price, while the 100-day SMA is $14.17, hinting at a positive trend.

The nearest resistance level is at $15.73. If LINK breaks through this, it could target the second resistance at $17.13, offering a potential gain of around 15%. On the downside, support levels lie at $12.91 and $11.50. Given the strong recent gains, LINK may continue to rise, but traders should watch for possible corrections due to overbought signals.

Conclusion

Though SOL and LINK are poised for growth, XYZVerse, the first all-sport memecoin, aims for massive gains by uniting sports fans in a unique, community-driven ecosystem.