The hype around the Solana price got to a new low these past few days as the coin hit a new multi-month low below the $160 support zone. However, with the price dip at $130, investors are increasingly optimistic as many believe this could be the best point to buy. Experts’ opinions have also pointed to this range as a possible recovery point. Interestingly, the daily candle has formed a green candle, indicating a reversal above the $130 price range.
Could this be a valid rebound zone for the Solana price? Analysts’ projections have combined a number of factors that make the Solana price prediction fit this zone as a possible position for a rebound in investors’ confidence, price action, and zone strength. With Solana price predictions coming in with a strong bullish tone earlier this year, it could suggest a strong community backing for price growth this year.
However, one smooth opportunity investors are discovering lately is combining the Solana investment with the new Panshibi token to boost their portfolio growth. This is because of the growing analysts’ projections that the Panshibi meme coin could be heading for 100x this year. This forms a perfect blend with the Solana rebound, as it could help investors quickly get back on a profit path again this year.
Is the January Solana Price Prediction Still Valid This Year?
Interestingly, Solana started the year on a strong bullish path that saw it at a new ATH, reaching above $290 at the end of the bull run in January. However, while the first part of the year has seen the Solana price prediction looking very possible, the last few weeks have not shown high optimism. This is currently casting a shadow of doubt around the earlier prediction as the coin continues to find new lows.
However, the recent outlook shows that the Solana price might be on a rebound path with a high optimism set to see the coin come back. The coin hit a new low at $130 in the early hours of today, but it seems to be hitting a lot of buy orders as it makes an instant recovery, seeing it hovering around $140 already.
This is not much progress if the 41% price drop in the last 30 days is considered. However, analysts believe this could validate the projection of a rebound at this zone, putting the prediction back on track.
Setting a Stronger Portfolio Growth This Year with Panshibi
While Solana made one of the best price movements earlier this year, Panshibi is set to make a bigger move. The Panshibi meme coin is eyeing a breakout that analysts believe could see the Panda meme take over as the most viral meme coin this year. There are already forecasts that the Panshibi coin will go on about 100x after its launch on exchanges.
The ongoing presale has set a template that puts the coin on track to become the best-performing meme coin this year. Eleven stages are still set to give investors up to 5x in the presale, making the presale and post-sale stages profitable. However, beyond the presale profits, the Panshibi presale also offers an opportunity for investors to get the lowest price to buy the token.
As the Solana price prepares for a comeback, a portfolio paired with the Panshibi coin could be your best investment decision this year. This is because the Panshibi meme coin investment is set to help you maximize your profit this year.
Now will be a great time to start with the Panshibi meme coin still at a low of $0.005. Check the links below to start on your journey of profit recovery today by checking the Panshibi presale page using the link below.
Join the Panshibi presale today for $0.005 per token;
Telegram: https://t.me/panshibi
Twitter: https://x.com/panshibi_
Website: https://panshibi.com
