Cryptocurrency analysts are making bold predictions about the future price movements of Solana (SOL) and Aave (AAVE) altcoins, while also sharing their predictions on the current state of Bitcoin (BTC). From price floor predictions to potential bullish rallies, the crypto market is buzzing with expectations. Additionally, WOO Network’s native token is experiencing a significant increase following the listing of a new perpetual contract, and renowned analysts provide updates on altcoins Fetch.ai (FET), Cardano (ADA), Worldcoin (WLD), and Shiba Inu (SHIB) .
Solana is preparing for a tremendous rise
Crypto analyst Bluntz, known for correctly predicting Bitcoin’s 2018 price drop, made a new statement. The analyst is now setting his sights on Solana (SOL). According to Bluntz, the bullish SOL/BTC chart shows that a significant rise against the US dollar could potentially reach $140 or more. Since Solana is currently trading at $73.65, an increase of over 90% will be required to achieve this ambitious goal.
Rally expectation for AAVE
Bluntz’s analysis covers Aave (AAVE), the governance token of the decentralized finance (DeFi) lending protocol. Pointing to a “three-day monster candle” in AAVE, Bluntz predicts a significant bullish rally. He also notes that AAVE should aim for no less than $200. While Aave is currently trading at $108.13, an 85% increase would be required to reach this target. Bluntz’s bullish predictions for Solana and ADA are critical. Because it came at a time when a change in sentiment towards Bitcoin and Ethereum was noted. Bluntz, who initially expressed reservations, now sees bullish sentiment for the two leading cryptocurrencies.
WOO Network attracts attention
Native liquidity platform WOO Network (WOO) witnessed a significant increase of 58% in one week, driven by the listing of a new perpetual contract on BitMEX. WOO token is currently trading at $0.386, down from $0.245 a week ago. Additionally, the project demonstrates its flexibility in the development process. WOO Network co-founder Jake Tan highlights key milestones, including the launch of Multi-MM and the prediction of total transaction volume for decentralized exchange WOOFI to exceed $25 billion next year.
Watchlists include ADA, FET
Rekt Capital observes Bitcoin’s resilience in overcoming the downsides of the previous year. However, Rekt Capital is suggesting a decline to around $41,200. Therefore, a potential short-term correction is on the horizon. BTC stability remains a focus for investors, with BTC currently valued at $41,792.
Rekt Capital’s Altcoin Watchlist updates reveal significant gains for altcoins Fetch.ai (FET) and Cardano (ADA). FET is up almost 300%. That is, it tried to break through key resistance levels to reach new all-time highs. Meanwhile, ADA is up over 60%. Thus, it signaled a positive trend towards the green resistance level.
Ali Martinez also shared his ADA prediction
Finally, crypto analyst Ali Martinez points to a clear path to higher prices with no significant resistance hurdles in sight. Thus, he expresses his bullish expectation regarding Cardano (ADA). Currently trading at $0.645, ADA is ready to shine if it clears the $0.80-1 resistance levels. Martinez turned their attention to Worldcoin (WLD), noting that a large currency outflow coinciding with whale transactions indicates a potential bullish move. With WLD trading at $2.66, the 162nd-ranked crypto asset may be on the verge of a significant price increase.
Shiba Inu (SHIB), the 18th largest crypto asset, is trying to break out of a descending parallel channel. Thus, it signals a potential uptrend. Martinez suggests that a decisive weekly close above the key level could push SHIB towards $0.000014.
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