• Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt
No Result
View All Result
Card Bitcoin
Shop
Card Bitcoin
No Result
View All Result
Home Altcoin

Veteran Trader Says Solana Ecosystem Altcoin Ready for Breakout, Predicts New All-Time Highs for Dogecoin Rival

n70products by n70products
December 16, 2024
in Altcoin
0
Veteran Trader Says Solana Ecosystem Altcoin Ready for Breakout, Predicts New All-Time Highs for Dogecoin Rival
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


A carefully adopted crypto dealer and Elliott Wave specialist is forecasting rallies for a number of altcoins amid a correction within the digital asset markets.

Pseudonymous dealer Bluntz tells his 304,000 followers on the social media platform X that the utility token for decentralized oracle service Pyth Community (PYTH) has damaged out of a bull flag sample.

Bluntz’s chart additionally means that PYTH is within the midst of a five-wave impulse to across the $0.50 stage.

“Solana ecosystem wanting good once more, good bull flag PYTH breakout.

Wanting impulsive.”

Image
Supply: Bluntz/X

Bluntz practices Elliott Wave principle, which states {that a} bullish asset tends to undergo a five-wave transfer up earlier than an ABC correction. Based mostly on the dealer’s chart, he appears to counsel that PYTH is on the verge of beginning its fifth-wave surge following the bull flag breakout.

At time of writing, PYTH is buying and selling at $0.431.

Bluntz can also be bullish on memecoins, saying that the sector could also be gearing up for a revival that can “catch a number of off guard.”

The dealer names the Solana-based Dogecoin (DOGE) rival Bonk (BONK) as a possible candidate for main a memecoin resurgence. He says BONK has probably accomplished an ABC-wave correction downward, suggesting an imminent rally, as per Elliot Wave principle.

“BONK has pulled again 46% from the highs and appears like a transparent three-wave transfer down.

Appears to be like like a extremely good dip to purchase in my view, gross sales like this don’t come round that usually.

I’m betting on recent all-time highs nonetheless to come back.”

Image
Supply: Bluntz/X

Wanting on the dealer’s chart, he appears to counsel that BONK will surge near $0.00007 earlier than ending its five-wave ascent.

At time of writing, BONK is buying and selling at $0.0000347.

Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox

Examine Price Action

Observe us on X, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp

Get Alerts

Disclaimer: Opinions expressed at The Day by day Hodl aren’t funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual danger, and any losses it’s possible you’ll incur are your accountability. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please be aware that The Day by day Hodl participates in internet affiliate marketing.

Generated Picture: DALLE3





Source link

Tags: AllTimeAltcoinBreakoutDogecoinEcosystemHighsPredictsReadyRivalSolanaTraderVeteran
Previous Post

Crypto regulation needs thoughtful rethink under Trump

Next Post

Ethereum Forming A Symmetrical Pattern – Key Resistance At $4,100

Next Post
Ethereum Forming A Symmetrical Pattern – Key Resistance At $4,100

Ethereum Forming A Symmetrical Pattern – Key Resistance At $4,100

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Product categories

  • Bitcoin Book
  • Bitcoin Coin
  • Bitcoin Hat
  • Bitcoin Merch
  • Bitcoin Miner
  • Bitcoin Miner Machine
  • Bitcoin Shirt
  • Bitcoin Standard
  • Bitcoin Wallet
  • Products
  • Uncategorized

Related News

Bitcoin: Exchanges see $40M daily USDT surge – Is BTC’s rally just starting?

Bitcoin: Exchanges see $40M daily USDT surge – Is BTC’s rally just starting?

December 20, 2024
Ethereum Supply In Profit Hits New 4-Month Low — What’s Happening?

Ethereum Supply In Profit Hits New 4-Month Low — What’s Happening?

February 9, 2025
Ethereum Price Breaks $2,600: Is More Upside Ahead?

Ethereum Price Breaks $2,600: Is More Upside Ahead?

September 24, 2024

Recents

Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

Cronos Defies Crypto Market Downtick on Friday As Asset Manager Canary Capital Files for CRO ETF

June 1, 2025
US opens door to retirement savers purchasing crypto tokens

US opens door to retirement savers purchasing crypto tokens

June 1, 2025
Vive le Bitcoin! French Football Giant Embraces BTC as Treasury Reserve

Vive le Bitcoin! French Football Giant Embraces BTC as Treasury Reserve

June 1, 2025

CATEGORIES

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • NFTs
  • Regulations
  • XRP

BROWSE BY TAG

Altcoin ALTCOINS Analyst Binance Bitcoin Bitcoins Blog Breakout BTC Bullish Bulls Coinbase Crash Crypto DOGE Dogecoin ETF ETH Ethereum Foundation Heres high hits Key Level Major Market Memecoin Move Outlook Predicts Price Rally Report SEC Solana Support Surge Target Top Trader Trump Updates Whales XRP

© 2024 Card Bitcoin | All Rights Reserved

No Result
View All Result
  • Home
  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • DeFi
  • Dogecoin
  • Ethereum
  • Market & Analysis
  • More
    • NFTs
    • XRP
    • Regulations
  • Shop
    • Bitcoin Coin
    • Bitcoin Hat
    • Bitcoin Book
    • Bitcoin Miner
    • Bitcoin Standard
    • Bitcoin Miner Machine
    • Bitcoin Merch
    • Bitcoin Wallet
    • Bitcoin Shirt

© 2024 Card Bitcoin | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Go to mobile version