Trader Predicts Imminent Rally for Solana (SOL) and Polygon (MATIC)
A trader who made accurate Bitcoin (BTC) predictions in 2018 believes Solana (SOL) and Polygon (MATIC) are set for upward movements. Pseudonymous analyst Bluntz tells his followers on the social media platform that Solana (SOL) is ready to rally after a recent pullback to $54.78. He predicts a new 2023 high for Solana (SOL) and sees a probable rally past $80. According to Bluntz, Solana’s price action comes after the patterns of Elliott Wave theory, which suggests a positive trend rally with each major wave consisting of its own five sub-waves.
MATIC, the native asset of Polygon, is likewise on Bluntz’s radar. He points out MATIC is showing positive trend signs after respecting a key level of support and displaying a positive trend divergence. He predicts a probable 20% push into new highs and sees a rally to $1.
Overall, Bluntz’s analysis signals optimism for both Solana (SOL) and Polygon.
Hot Take: Analyst Bullish on Solana (SOL) and Polygon (MATIC)
A trader skilled in forecasting rallies predicts that Solana (SOL) and Polygon (MATIC) are set for upward movements. Based on his analysis, Solana’s price is poised for a rally beyond $80, while Polygon’s MATIC is showing indications of a 20% push into new highs, signaling positive trend trends for both assets. With this forecast, it’s a waiting game to see if the rally predictions play out for these cryptocurrencies.
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