Solana

<p><em><strong>Top Analyst: Solana ($SOL) Ready for Record Highs, Bluntz Capital Forecasts Bitcoin and SEI Surge. Bitcoin Aims for $80,000 with Elliott Wave Theory Amid Open Interest Decline.</strong></em></p><h2 id="header-0">Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On<a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow"> ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Red-and-White-Modern-Corporate-Sports-YouTube-Outro-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>A well-known cryptocurrency analyst, famous for accurately predicting the end of the 2018 bear market, has shown optimism towards Solana ($SOL), a competitor of Ethereum. He thinks that the “floodgates will soon open” for SOL, indicating that it has been steadily accumulating since reaching a low point on January 23rd.</p><h2 id="header-1">Solana’s Resilience and Upward Momentum</h2><p><a href="https://cryptosheadlines.com/bluntz-capital-targets-solanas-price-in-70s/" rel="noopener noreferrer nofollow">Bluntz Capital’s analysis reveals that Solana</a> has been in an accumulation phase since dropping below $80 in late January. Despite this initial decline, the cryptocurrency has displayed resilience, currently trading at $191.5, marking an impressive 70% year-to-date increase.</p><blockquote><a href="https://twitter.com/search?q&#61;%24sol&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$sol</a> vertical accumulation has ended, flood gates are open and the channel broken, all time highs in sight. <a href="https://t.co/moLLMbRmTR" rel="noopener noreferrer nofollow">https://t.co/moLLMbRmTR</a> <a href="https://t.co/sA7wmwqTgQ" rel="noopener noreferrer nofollow">pic.twitter.com/sA7wmwqTgQ</a>— Bluntz (&#64;Bluntz_Capital) <a href="https://twitter.com/Bluntz_Capital/status/1768423933622264260?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">March 14, 2024</a></blockquote><p><a href="https://cryptosheadlines.com/analyst-solana-sol-matches-ethereums-popularity-in-india/" rel="noopener noreferrer nofollow">Analysts observe that Solana’s</a> upward momentum is strengthening, evident from the bullish breakout observed from the ascending channel. Additionally, they confidently declare the conclusion of Solana’s vertical accumulation phase, signaling an anticipated peak.</p><p>Solana’s strength is underscored by its outstanding performance compared to Bitcoin (SOL/BTC) and Ethereum (SOL/ETH). This performance differential highlights Solana’s volatility and <a href="https://cryptosheadlines.com/a-leading-cryptocurrency-exchange-is-currently-being-investigated-posing-a-potential-challenge-for-the-crypto-market/" rel="noopener noreferrer nofollow">potential in the current market</a> landscape.</p><h3 id="strong-bullish-outlook-for-bitcoin-and-analysis-of-open-interest-strong"><strong>Bullish Outlook for Bitcoin and Analysis of Open Interest</strong></h3><p>The analyst expresses <a href="https://cryptosheadlines.com/bitcoin-price-outlook-bullish-sentiments-post-2024-halving-is-it-a-buy-signal/" rel="noopener noreferrer nofollow">bullish sentiments for Bitcoin</a>, utilizing the Elliott Wave theory to forecast a recent dip to $60,000 followed by a climb to approximately $80,000. According to this theory, Bitcoin tends to follow a five-wave pattern, with growth observed in the three-wave ABC model.</p><h2 id="header-2">Chika Moji New Memecoin Claim Instant 100,000 Chika Tokens $100 Free, Claim Airdrop Now On<a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow"> ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Red-and-White-Modern-Corporate-Sports-YouTube-Outro-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><blockquote>nice divs on <a href="https://twitter.com/hashtag/btc?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#btc</a> here into an abc retest of prior ath with 5 waves accounted for within the COI nuked and funding flat and back to neutral.send it. <a href="https://t.co/EwTxXPKt4M" rel="noopener noreferrer nofollow">pic.twitter.com/EwTxXPKt4M</a>— Bluntz (&#64;Bluntz_Capital) <a href="https://twitter.com/Bluntz_Capital/status/1768572328601153872?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">March 15, 2024</a></blockquote><p>A sharp decrease in open interest (OI) combined with neutral funding indicates a potential rise in Bitcoin. Despite this, Bitcoin is presently trading at $68,062, reflecting a 0.7% decrease over the past 24 hours.</p><p><a href="https://cryptosheadlines.com/chainlink-link-price-analysis-whales-hint-at-link-price-correction/" rel="noopener noreferrer nofollow">Also Read:   Chainlink (LINK) Price Analysis: Whales Hint at LINK Price Correction?</a></p><h3 id="bluntz-capital-s-bullish-outlook-on-sei-token">Bluntz Capital’s Bullish Outlook on SEI Token</h3><p>In addition to its optimistic forecasts for Solana and Bitcoin, Bluntz Capital is turning attention to Sei (SEI), the native token of the layer-1 blockchain. The analysis suggests a <a href="https://cryptosheadlines.com/stablecoin-supply-surge-fuels-potential-breakout-in-altcoin-market/" rel="noopener noreferrer nofollow">potential breakout</a> for SEI, following a five-wave pattern, which could propel the price to $1.60.</p><p>As of now, <a href="https://cryptosheadlines.com/sei-token-surges-20-in-bull-market-rebound/" rel="noopener noreferrer nofollow">SEI Token</a> is trading at $1.02, marking a 14% increase in the last 24 hours. This surge in price reflects growing <a href="https://cryptosheadlines.com/binance-investors-interested-in-ai-project-3-reasons-to-watch-inqubeta/" rel="noopener noreferrer nofollow">investor interest</a> and confidence in SEI’s potential for growth.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

SOL All-Time Highs Predicted; BTC & SEI Update

Table of Contents

CryptosHeadlines.com

Other articles published on Mar 16, 2024

Surge in Meme Coin Markets and Altcoins’ Performance Analysis

Bitcoin and Altcoins: Surprising Profitability and Potential Opportunities

Why is BOOK OF MEME (BOME) Price Pumping?

How High Can It Go? Pyth Network’s (PYTH) Token Surges: Experts Eye These Next Price Targets

Investors Hunt Passive Income Giant Scorpion Casino; Can Jupiter & Pullix Compete?

El Salvador moves $386m worth of Bitcoin into cold storage

Join our free newsletter for daily crypto updates!