Future

Solana

Moonriver

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/expert-forecasts-a-bullish-future-for-moonriver-and-applauds-solana-and-sei" rel="noopener noreferrer nofollow">Expert Forecasts a Bullish Future for Moonriver and Applauds Solana and Sei</a><br></p>
<p style="text-align: justify">A prominent crypto investor known as Bluntz has forecasted a significant upswing for Moonriver (MOVR), an Ethereum-compatible parachain on Kusama, following its sixfold increase in value over the past three months. Bluntz, who is recognized for his application of Elliott Wave theory in <a href="https://en.bitcoinhaber.net/market-turbulence-as-bitcoin-and-ethereum-navigate-critical-levels" rel="noopener noreferrer nofollow">technical analysis</a>, suggests that MOVR has completed a corrective wave pattern and is poised for a robust ascent, potentially reaching $40.</p>
<p style="text-align: justify">Bluntz’s analysis is based on crowd psychology patterns that often emerge in market trends, as per the Elliott Wave theory. This theory posits that after completing a typical ABC correction, an asset is likely to begin a new wave of momentum. Bluntz has shared his insights and a supporting chart with his social media followers, indicating his continued interest and positive outlook for MOVR.</p>
<p style="text-align: justify">At the time of the report, MOVR had experienced a substantial 500% growth over a three-month period and was trading at $23.83, marking a 2.63% increase within the last 24 hours. This performance underscores the cryptocurrency’s potential for further gains as anticipated by the analyst.</p>
<h2 id="layer-1-networks-solana-and-sei-earn-praise">Layer 1 Networks Solana and Sei Earn Praise</h2>
<p style="text-align: justify">In addition to his optimistic stance on MOVR, Bluntz has also expressed enthusiasm for the Layer 1 networks Solana (SOL) and Sei (SEI). He commends the price charts of both networks, describing them as “fantastic” and highlighting SOL and SEI as top performers among Layer 1 solutions.</p>
<p style="text-align: justify">At the time the article was written, SOL was trading at $92.58 with a marginal 24-hour increase of 0.16%, while SEI was at $0.644, up by 1.26% in the same period. These figures reflect a positive sentiment in the market for both Solana and Sei, aligning with Bluntz’s bullish perspective.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/expert-forecasts-a-bullish-future-for-moonriver-and-applauds-solana-and-sei" rel="noopener noreferrer nofollow">Expert Forecasts a Bullish Future for Moonriver and Applauds Solana and Sei</a></h5>

Expert Forecasts a Bullish Future for Moonriver and Applauds Solana and Sei

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