Top Analyst Altcoin Predictions for Solana, Jupiter, and Dogecoin
An analyst who’s been making timely altcoin calls as of late thinks that three crypto assets are almost ready to witness moves to the upside.
Solana Set for Bullish Rally Against Bitcoin
Pseudonymous analyst Bluntz, with a significant following on social media, is bullish on Solana (SOL).
– Bluntz observes that Solana has completed an ABC corrective wave against Bitcoin (SOL/BTC) on the eight-hour chart.
– The analyst believes that SOL is gearing up for another run, with SOL/BTC showing a strong ABC pattern.
– The asset has swept the wave lows and now seems ready for an upward move.
– Bluntz practices Elliott Wave theory, predicting a rise to 0.00365 BTC ($254) for SOL/BTC.
– At the time of writing, SOL is valued at $194.24.
Keep an Eye on Jupiter Exchange (JUP)
Bluntz is also monitoring the Solana-based decentralized exchange aggregator Jupiter (JUP) for potential rallies.
– The analyst predicts that JUP will experience upward momentum after completing an ABC correction.
– JUP is the strongest among the assets in focus, including JUP, JTO, and PYTH.
– The current trading price for JUP stands at $1.52, reflecting a 7% increase in the last 24 hours.
Bullish Outlook on Dogecoin (DOGE)
Additionally, Bluntz is optimistic about Dogecoin (DOGE), a top memecoin in the market.
– The analyst shares that DOGE is following a pattern similar to BTC’s early 2023 movements.
– The chart comparisons suggest a potential bullish trend for DOGE.
– DOGE is currently trading at $0.205.
Hot Take: Analyst’s Optimistic Predictions for Altcoins
An analyst offers insights into the potential upward trajectories of Solana, Jupiter, and Dogecoin, highlighting key indicators for bullish movements in the altcoin market.