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Home»ALTCOIN NEWS»According to the analyst, Solara blinked and ‘considerable bounce’ for Ether Lee Rib Rival Solara
ALTCOIN NEWS

According to the analyst, Solara blinked and ‘considerable bounce’ for Ether Lee Rib Rival Solara

By Crypto FlexsApril 9, 20252 Mins Read
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According to the analyst, Solara blinked and ‘considerable bounce’ for Ether Lee Rib Rival Solara
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The analysts who have accurately called the Solana (SOL) correction this year are optimistic about the basic assets of the Layer-1 protocol.

Bluntz, a pseudonym analyst, says to 317,700 followers on social media platform X that Ether Leeum (ETH) challenger seems to be ripe for considerable bounce after losing 64%of the $ 293 all -time high in January this year.

According to Bluntz, SOL is a reversal signal that the purchase momentum is rising even if the price of the asset continues to drop or move sideways.

“I started to bid a bounce name today. Many bull divs were printed on the same name as SOL, and it was printed with more names with -70% + in a straight line even in a large cap.

I don’t subscribe to the idea that this is a ‘floor’, but it’s likely that my opinion is possible. “

Source: Bluntz/X

Bluntz also believes Solana will surpass Bitcoin (BTC) when the market bids. According to Trader, the Solana vs. Bitcoin (SOL/BTC) chart appears to have completed the ABC modification on the daytime chart, suggesting that the pair may have printed the local floor.

“SOL/BTC doesn’t look terrible anymore. Finally, in the area that can be purchased.”

video
Source: Bluntz/X

Bluntz uses Elliott Wave theory in analysis to indicate that assets tend to witness 5 rally after completing ABC modifications.

At the time of writing, the value of SOL/BTC is 0.00139 BTC worth $ 105.

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Exemptions: The opinions expressed in Daily HODL are not investment advice. Investors must do live action before making high -risk investments in bitcoin, cryptocurrency or digital assets. Transfer and transactions are at their danger, and the loss that can occur is your responsibility. Daily HODL is not recommended to purchase or sell cryptocurrency or digital assets, and Daily HODL is not an investment advisor. Daily HODL participates in affiliate marketing.

Created image: Midjourney

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