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Home»ALTCOIN NEWS»Top analyst predicts Solana-based altcoin to surge more than 350%, says Ethereum ‘a very bullish sign’
ALTCOIN NEWS

Top analyst predicts Solana-based altcoin to surge more than 350%, says Ethereum ‘a very bullish sign’

By Crypto FlexsJanuary 13, 20242 Mins Read
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Top analyst predicts Solana-based altcoin to surge more than 350%, says Ethereum ‘a very bullish sign’
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A widely respected cryptocurrency analyst and trader is expressing bullish sentiments about the Solana-based memecoin.

Analyst known by the pseudonym Bluntz says 236,100 followers on the

“If you think this won’t cost at least a dollar, you greatly underestimate how stupid we can be.”

WIF is trading at $0.218 at the time of this writing.

According to the anonymous analyst’s chart, Bluntz appears to be hinting that the dogwifhat/Solana (WIF/SOL) pair has formed two consecutive lower lows this year after previously bottoming on the 4-hour chart.

Source: Bluntz/X

Convert to Ethereum (ETH), Bluntz Called Paired with Bitcoin (BTC), the second-largest cryptocurrency asset by market capitalization is forming a bullish divergence on the weekly chart, with the price trending lower, while the Relative Strength Index (RSI) indicates overbought or overbought. It is a momentum indicator used to determine whether. Oversold market conditions are on the rise.

According to Bluntz, the ETH/BTC pair has also seen a “fake to the downside,” which is a “very bullish signal.”

video
Source: Bluntz/X

As of this writing, ETH is trading at 0.05643000 BTC ($2,597).

Regarding the Ethereum/US dollar pair, an anonymous analyst is suggesting that the second largest cryptocurrency asset could soar above $2,900. According to Blunts: chart, Ethereum may rise, forming the second wave of a 5-wave pattern on the 4-hour chart. According to Elliott Wave Theory, the main trends in asset prices move in a five-wave pattern.

video
Source: Bluntz/X

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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 by: Midjourney

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