Based

dogwifhat

Solana

Myro

<div class="dailyhodl">
 <p>A widely followed analyst and trader is expressing bullish sentiment on an altcoin built on Solana (SOL) that has surged by over 100x in a couple of months.</p>
 <p>The analyst pseudonymously known as Bluntz tells his 249,900 followers on the social media platform X that the low cap memecoin Myro (MYRO) is offering an opportunity to the upside on the eight-hour chart after enduring a double-digit correction.</p>
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 <p>Based on a chart posted by the analyst, it appears that Bluntz, who regularly applies the Elliott Wave theory in his technical <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a>, is suggesting that MYRO is on the final leg of a five-wave pattern and could surge by around 163% from the current price and reach a new all-time high of about $0.55.</p>
 <p>The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern.</p>
 <p><i>“There’s a nice MYRO catch-up play here for all those who missed dogwifhat. Dogwifhat will still outperform though.”</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/GI7U_rja0AAn8BS?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>MYRO is trading at $0.209 at time of writing, up by 10,389 from the all-time low of $0.001995 reached on November 12th of 2023.</p>
 <p>Next up is dogwifhat (WIF). Based on a chart by the pseudonymous analyst, Bluntz appears to suggest that WIF could complete the fifth wave on the daily chart and hit a price of just below $5, which would be a new all-time high.</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/GJFuYHhbkAARXXI?format=png&amp;name=small" alt="" width="1063" height="499">
  <figcaption id="caption-attachment-190710" class="wp-caption-text">
   Source: Bluntz/X
  </figcaption>
 </figure>
 <p>WIF is trading at $2.21 at time of writing.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/analyst-predicts-new-highs-for-altcoin-that-s-up-over-10-000-in-under-six-months-updates-outlook-on-dogwifhat-tbt83122.html">https://thebittimes.com/analyst-predicts-new-highs-for-altcoin-that-s-up-over-10-000-in-under-six-months-updates-outlook-on-dogwifhat-tbt83122.html</a></p>

Analyst Predicts New Highs for Altcoin That’s Up Over 10,000% in Under Six Months, Updates Outlook on Dogwifhat

TheBitTimes

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