The widely respected analyst and trader expressed bullish sentiments about the Solana (SOL)-based altcoin, which has surged more than 100-fold in a matter of months.
Analyst known by the pseudonym Bluntz says 249,900 followers on social media platform
Bluntz, who regularly applies Elliott Wave theory to technical analysis, appears to be suggesting that MYRO is in the final leg of a five-wave pattern and could surge about 163% month-on-month, according to a chart posted by the analyst. The price has now hit a new all-time high of $0.55.
Elliott Wave Theory states that major trends in asset prices move in a five-wave pattern, while corrections occur in a three-wave pattern.
“Here’s a great MYRO catch-up play for everyone who missed dogwifhat. But Dogwifhat will still perform better.”
MYRO is trading at $0.209 at the time of this writing, which is $10,389 more than its all-time low of $0.001995 reached on November 12, 2023.
Next is dogwifhat (WIF). According to a chart prepared by an anonymous analyst, Bluntz looks like this: propose WIF could complete its fifth wave on the daily chart and reach a price just below $5, a new all-time high.
WIF is trading at $2.21 at the time of this writing.
Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox
Check Price Action
follow us TwitterFacebook, Telegram
Daily Hodl Mix Surfing
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.
Image created: DALLE3