There's widespread bearish momentum in the altcoin market, and this dip in performance is affecting top assets like Bittensor (TAO) and Solana (SOL). According to reports from the past week, the Solana price prediction isn't looking up after the coin dipped close to its support level. The TAO price prediction is also on a similar trend after giving weak bullish signals that have left its investors displeased.
In contrast, Mantix ($MTX) is experiencing an influx of investors as the first stage of its presale hits up and gears toward a potential 100x breakout. Considering the other altcoins' shaky performances, will this project continue its unprecedented rise?
Bittensor (TAO) price prediction
At press time, the TAO price was around $442, after a 10% fall in the past week. According to the 5-day TAO chart, the crypto trade is far from its $400 psychological support level.
Source: TradingView
Currently, sellers are in control, meaning Bittensor (TAO) may continue its downturn as it lacks the momentum to smash this bearish obstacle. If the dip persists, the TAO price could plunge to the next support level between $388 and $392.
Still, Bittensor investors remain bullish, indicating that traders maintain confidence in TAO price prediction. However, the RSI divergence suggested that the bullish momentum is weakening and that a TAO price collapse is near.
Solana (SOL) price prediction
Like Bittensor (TAO) price performance, the Solana price prediction and performance have been affected by the current downturn in the altcoin market. The SOL crypto lost nearly 8% in the past week and traded at $177 after breaching the $180 resistance.
Multiple technical signals provide more insight into the recent Solana price decline. The charts show the Solana price trading below the Ichimoku cloud, which is often a sign of price weakness. Meanwhile, the red and wide cloud ahead signals that this bearish SOL momentum may persist.
Solana’s price trades close to the lower Bollinger band, indicating a strong downtrend. The widened band demonstrates increased volatility and possible persistence of selling pressure. As the Solana price struggles continue, Mantix continues its high-flying start to life despite the bearish atmosphere.
Mantix (MTX) growth captures market-wide attention
Mantix ($MTX) steps into the DeFi space with modern decentralized infrastructure simplifying crypto. Think cross-chain swaps, up to 1000x futures leverage, and a share of revenues when you hold $MTX; Mantix users are on to the newest wave of DeFi excellence.
While Stage 1 of its token presale only recently began, Mantix has already raised more than $600,000, while $MTX sells for only $0.02. Leveraging its ERC20 roots and Ethereum backing, Mantix completes transactions rapidly and delivers high liquidity and user control.
Mantix is quickly becoming a widely known DeFi project as the struggles of other cryptos like TAO and SOL become obvious. Its robust ecosystem features powerful AI trading tools, an audited contract and deflationary tokenomics, making it an attractive option for investors seeking the next big crypto with possible 100x returns!
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Website: https://mantix.exchange
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