Top Trader Predicts Fresh Leg Up for SOL and One Solana-Based Altcoin, Updates Outlook on Dogecoin
An specialist that’s been rendering punctual altcoin dubs as of late reckons that 3 crypto assets are practically ready to witness actions to the upside.
Pseudonymous specialist Bluntz tells his 252,000 patriots on the social media system X that he’s desirable on Solana (SOL).
According to the pinnacle crypto strategist, Solana shows up to have wrapped up an ABC corrective wave against Bitcoin (SOL/BTC) on the 8-hour chart.
“SOL equipping for another rushed IMO (in my determinant of vista). SOL/BTC glancing prefer a excellent ABC presently performed.
Combed up the (a) wave lows and also owns presently repurchased.”
Bluntz practices Elliott Wave concept, which cases that a desirable asset often tends to discover a fresh leg up obeying the run out result of an ABC correction. Gazing at the trader’s chart, he shows up to protrusion that SOL/BTC will spurt to 0.00365 BTC ($254).
At time of writing, SOL is well worth $194.24.
Next off up, the trader says he’s buttressing an eye on the Solana-based decentralized exchange (DEX) devotee Jupiter (JUP). Bluntz outcroppings that JUP will discover rallies after finishing an ABC correction.
“JUP glancing instead sendy listed underneath, naturally the toughest of the divine trinity listed underneath: JUP, JTO and also PYTH.”
At time of writing, JUP is trading for $1.52, up over 7% in the last 24 hours.
The trader is also desirable on pinnacle memecoin Dogecoin (DOGE). Bluntz shares two graphes to manifest that DOGE shows up to be complementing a craze that BTC printed in early 2023 as speedily as Bitcoin bottomed out at around $16,000.
“What if?
DOGE.”
At time of writing, DOGE is trading for $0.205.
Accumulated Image: DALLE3
