Analysts who have been giving timely altcoin predictions in recent months believe that three cryptoassets are about to see a move to the upside.
Pseudonymous Bluntz told his 252,000 social media followers that he was bullish about Solana.SOL).
Solana is the world’s top crypto-strategist. He believes that Bitcoin has completed a corrective ABC wave (SOL/BTCThe chart is arranged in eight-hour time.
“SOL is gearing up to run again IMO” (in my view). SOL/BTC looks like an ABC with the ABC done.
The (a wave) has been swept and the lows have now been reclaimed.”
Bluntz uses Elliott Wave Theory, according to which a bullish currency tends see an upswing after the end of ABC correction. The trader seems to be predicting that SOL/BTC is going to rise to $254 or 0.00365 BTC.
SOL’s current value is $194.24.
The trader is also keeping an eye out for the Solana, Spain-based DEX aggregator Jupiter.JUP). Bluntz says that JUP is likely to see rallies following the ABC correction.
“JUP looking rather sendy here, definitely the strongest of the holy trinity here: JUP, JTO and PYTH.”
JUP was trading at $1.52 as of the time this article is written, an increase over 7% from its last 24-hour price.
Dogecoin, top memecoin, is also in the bullish camp.DOGE). Bluntz shares with us two charts showing that DOGE seems to mirror a BTC pattern from early 2023 at the time Bitcoin was bottoming out around $16,000.
“What if?
DOGE.”
DOGE currently trades for $0.205.
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Source: dailyhodl.com