Based

Solana

dogwifhat

<div class="dailyhodl">
 <p>A top cryptocurrency analyst and trader is predicting that a Solana (SOL) ecosystem memecoin could appreciate by triple digits.</p>
 <p>The crypto strategist pseudonymously known as Bluntz tells his 239,300 followers on the social media platform X that a downtrending three-wave pattern on the daily chart of the memecoin dogwifhat (WIF) might be over with.</p>
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 <p>The analyst regularly uses Elliott Wave theory in his work, a technical <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> concept which states that main trends occur in five-wave patterns while corrections occur in three-wave patterns.</p>
 <p>Based on Bluntz’s chart, the strategist is predicting the price of WIF could rise by around 272% from its current level in a five-wave pattern.</p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GFwxNjtbYAAeKRr?format=png&amp;name=small" alt="" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: Bluntz/X
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 <p>WIF is trading at $0.222 at time of writing, a 4.2% gain during the last day.</p>
 <p>Turning to Bitcoin (BTC), the Bluntz predicts that the flagship crypto asset will likely continue trading in a sideways range before potentially breaking out to the upside.</p>
 <p><i>“Very boring price action over the last two days on Bitcoin.</i></p>
 <p><i>Still think max pain is sweep both sides of the range but will continue to monitor.”</i></p>
 <figure id="attachment_190710" aria-describedby="caption-attachment-190710" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-190710 size-full" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GFuf_BwbEAAAV6d?format=jpg&amp;name=small" alt="" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: Bluntz/X
  </figcaption>
 </figure>
 <p>Based on Bluntz’s chart, the pseudonymous analyst foresees Bitcoin first rising above $44,000 before falling to below $41,500. After falling below $41,500, Bluntz suggests that Bitcoin will then appreciate to above $45,000.</p>
 <p>Bitcoin is trading at $44,719 at time of writing.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/this-solana-based-altcoin-could-explode-by-over-250-according-to-analyst-who-nailed-2018-bitcoin-bottom-tbt79352.html">https://thebittimes.com/this-solana-based-altcoin-could-explode-by-over-250-according-to-analyst-who-nailed-2018-bitcoin-bottom-tbt79352.html</a></p>

This Solana-Based Altcoin Could Explode by Over 250%, According to Analyst Who Nailed 2018 Bitcoin Bottom

TheBitTimes

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