Surge in SAGA Price Amidst Solana Seeker Launch
The price of SAGA skyrocketed 26% in the past 24 hours, reaching $2.37 as of 04:18 a.m. EST, with trading volume surging 31% to $252 million. This surge coincides with the announcement of the Solana Seeker smartphone, indicating growing interest in crypto-related hardware. The Seeker has received over 140,000 pre-orders since its scheduled release in 2025, demonstrating strong demand.
Overview of the Solana Seeker
The Seeker aims to become the definitive web3 mobile device, harmonizing hardware and software. It boasts a lightweight design, enhanced camera, extended battery life, and an optimized Seed Vault for enhanced security.
Saga Price Outlook
The bullish momentum for SAGA is evident from its price action. It has recently broken past the $1.73 resistance, supported by both the 50-day and 200-day Simple Moving Averages (SMAs). The formation of a golden cross at $1.39 further strengthens the bullish outlook.
The Relative Strength Index (RSI) is currently at 79, indicating overbought conditions, but the Moving Average Convergence Divergence (MACD) is climbing above the neutral line, confirming the positive trend.
If the rally continues, the price of SAGA could reach $3.5. However, overvaluation risks remain, as the RSI indicates selling pressure. In that scenario, bears could push the price back to the $1.62 support level.
Note: This analysis does not include promotional content.