Analyst Says AI Altcoin That’s Up 4,000%+ in a Month Moving Extremely Well, Outlines Path Forward for Solana

In style crypto analyst Altcoin Sherpa says that one red-hot synthetic intelligence (AI)-related memecoin continues to indicate market power after an enormous surge.

The pseudonymous dealer tells his 233,000 followers on the social media platform X that Act I: The AI Prophecy (ACT) is trying sturdy on the four-hour chart.

In accordance with the dealer’s chart, ACT has damaged via the .382 Fibonacci retracement stage at $0.59 and continues to carry it as help at time of writing.

“ACT is shifting extraordinarily effectively, enormous transfer from some Elon [Musk] interplay. The technical evaluation on it was truly very strong as effectively, although, because it constructed a base (didn’t fairly go to $0.36 like I wished). Massive strikes for all of those AI cash [November 29th], let’s see what occurs.”

ACT is buying and selling for $0.64 at time of writing, up greater than 4,800% from its low of $0.0130 on November fifth. The Solana (SOL)-based memecoin has a market cap of $616.8 million.

Subsequent up, the analyst suggests that Solana could commerce sideways for a lot of months between the $259 and $210 vary on the weekly timeframe earlier than doubtlessly breaking out in late 2025.

“SOL between $200-$250 in my view. Good time to build up.”

Solana is buying and selling for $244 at time of writing, up 3.5% within the final 24 hours.

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