Top Trader Predicts Fresh Leg Up for SOL and One Solana-Based Altcoin, Updates Outlook on Dogecoin
In the world of cryptocurrency trading, one analyst has been making waves with his timely altcoin calls. Pseudonymous analyst Bluntz, who has a following of 252,000 on the social media platform X, recently shared his bullish outlook on three crypto assets that he believes are ready to make moves to the upside.
First up on Bluntz’s radar is Solana (SOL). According to the top crypto strategist, Solana appears to have completed an ABC corrective wave against Bitcoin (SOL/BTC) on the eight-hour chart. Bluntz, who practices Elliott Wave theory, predicts that SOL/BTC will rise to 0.00365 BTC ($254). At the time of writing, SOL is worth $194.24.
Next, Bluntz is keeping a close eye on the Solana-based decentralized exchange (DEX) aggregator Jupiter (JUP). He believes that JUP will see rallies after completing an ABC correction. At the time of writing, JUP is trading for $1.52, up over 7% in the last 24 hours.
Lastly, Bluntz is bullish on the top memecoin Dogecoin (DOGE). He shares two charts to show that DOGE appears to be mirroring a pattern that Bitcoin printed in early 2023 when it bottomed out at around $16,000. At the time of writing, DOGE is trading for $0.205.
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Stay tuned for more updates on the potential upside moves for SOL, JUP, and DOGE as predicted by the top trader Bluntz. Follow us on Twitter, Facebook, and Telegram for the latest news and analysis in the cryptocurrency space.