Explosive Rally Prediction for Solana from the Analyst Who Correctly Predicted the Bottom of the 2018 Market!

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Bluntz, who correctly predicted the bottom prices of the cryptocurrency market in 2018, solana He shared his views that the price will open soon. The analyst suggests that it has been in a vertical accumulation phase since reaching a low on January 23.

Bluntz Capital’s analysis is based on the premise that Solana has been in an accumulation phase since falling below $80 in late January. Despite the initial decline, the cryptocurrency has proven resilient, as Koinfinans.com reported. SOL is currently trading at $191.5, marking an impressive 70% year-to-date increase. does.

According to analysts, Solana is in an accumulation phase, as seen in the upward breakout observed from the ascending channel. It also states that it is expected to peak, boldly declaring that the vertical accumulation phase is over.

A key indicator of Solana’s strength is its outstanding performance compared to Bitcoin (SOL/BTC) and Ethereum (SOL/ETH); which is a testament to its volatility and potential in the current market environment.

The analyst then used the Elliott Wave theory to state that Bitcoin will drop to $60,000 soon and then rise to $80,000. Looking at the chart, Elliott Wave theory suggests that Bitcoin is trending primarily towards a five-wave pattern with growth in a three-wave ABC pattern.

In particular, the sharp decline in open interest (OI) combined with neutral funding suggests that bitcoin could rise. As of now, Bitcoin is trading at $68,062, down 0.7% in the last 24 hours.

In addition to bullish predictions for Solana and Bitcoin, Bluntz also highlights Sei (SEI), the native token of the layer-1 blockchain.

Bluntz Capital is predicting a five-wave “pattern” breakout for Sei that could push the price to $1.60. Currently, Sei Token is trading at $1.02, up 14% in the last 24 hours.


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