Based

Solana

Lido DAO

Dogecoin

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 A widely followed cryptocurrency trader and analyst is expressing bullish sentiment on a top-50 altcoin that’s currently under the radar.
 The trader pseudonymously known as Bluntz tells his 228,900 followers on the X social media platform that the native asset of the liquid staking solution Lido DAO (LDO) is “going to turbo send” and revisit the record high of $7.30 – an increase of approximately 230% from the current level.
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 According to Bluntz, LDO has managed to flip multiple resistance levels to support zones, an indication of bullish momentum.
 “There’s only so many support-resistance flips we can do before it just marks up and leaves those prior highs in the dust.”
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/F-9rFKmawAADwpO?format=png&amp;name=large" alt="Image" width="1993" height="640">
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 Source: Bluntz/X
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 At time of writing, LDO is trading at $2.16.
 Turning to the smart contract protocol Solana (SOL), Bluntz says that the altcoin may be gearing up to print a new 2023 high after witnessing a deep corrective move yesterday.
 “Liquidations in [the last] 48 hrs have been larger than any of the dips [during] the entire run-up.
 Allocated into to spot just in case, no leverage for now.”&nbsp;
 <figure style="width: 100%" class="wp-caption aligncenter"><img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/F_Kb3pyakAAX1hH?format=jpg&amp;name=large" alt="Image" width="1984" height="642">
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 Source: Bluntz/X
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 Looking at the trader’s chart, he seems to predict that Solana may rally all the way up to about $76. At time of writing, SOL is worth $57.33.
 On the largest memecoin by market cap, the pseudonymous analyst says that Dogecoin (DOGE) has broken out of a multi-week consolidation range and looks poised for a big run-up.
 “I have seen these range breaks lead to big moves on all sorts of coins all week.”&nbsp;
 <figure style="width: 100%" class="wp-caption aligncenter"><img loading="lazy" decoding="async" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/F_IDspcasAA331D?format=jpg&amp;name=large" alt="Image" width="1498" height="1711">
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 Source: Bluntz/X
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 Based on the trader’s chart, he appears to predict that DOGE will rally close to $0.13.&nbsp; At time of writing, DOGE is worth $0.084.
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Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/top-trader-says-ethereum-based-altcoin-primed-to-surge-by-over-230-updates-outlook-on-solana-and-dogecoin-tbt70762.html">https://thebittimes.com/top-trader-says-ethereum-based-altcoin-primed-to-surge-by-over-230-updates-outlook-on-solana-and-dogecoin-tbt70762.html</a>

Top Trader Says Ethereum-Based Altcoin Primed To Surge by Over 230%, Updates Outlook on Solana and Dogecoin

TheBitTimes

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