The cryptocurrency market started the new week in the red zone. However, there are no deep losses among the leading cryptocurrencies. This increases hopes for the future. There are only a few days left until the Bitcoin halving event, which market players are eagerly awaiting. Therefore, excitement in the market is increasing. A crypto analyst with a large following says he is receiving strong bull signals for three altcoins. The analyst states that these are almost ready to witness upward movements.
“Solana is gearing up for another run!”
cryptokoin.comAs you follow from , the market continues to gather strength. Leading crypto Bitcoin is consolidating just below $70,000. Altcoins have a mixed outlook. In this market atmosphere, the popular analyst nicknamed Bluntz is bullish on Solana (SOL). According to the analyst, Solana appears to have completed an ABC correction wave against Bitcoin (SOL/BTC) on the eight-hour chart. In this context, the analyst says the following about the leading altcoin rival:
SOL is gearing up for another run, IMO (in my opinion). SOL/BTC now looks like a nice ABC has been completed. It swept the bottom of wave (A) and has now taken it back.
The analyst applies the Elliott Wave theory, which states that an asset in an uptrend tends to see a new revolt following the completion of the ABC correction. Based on his chart, Bluntz predicts SOL/BTC will rise to 0.00365 BTC ($254). Meanwhile, at the time of writing, SOL was trading at $197, up 0.57% on a daily basis. The altcoin gained approximately 5% on its weekly chart.
According to the analyst, this altcoin is quite solid!
The analyst next looks at Jupiter (JUP), a decentralized exchange (DEX) aggregator based in Solana. Bluntz predicts JUP will see rallies after completing an ABC correction. In this regard, the analyst said, “JUP looks quite solid here. Definitely the strongest of the holy trinity here: JUP, JTO and PYTH.” says.
Meanwhile, at the time of writing, JUP was trading at $1.77, up over 18% in the last 24 hours. The altcoin also gained over 37% on its weekly chart.
Bluntz: DROGE reflects a BTC minted model!
Finally, the analyst discusses the original meme coin, Dogecoin (DOGE). The analyst says he is also bullish on DOGE. With two charts, Bluntz shows that DOGE appears to reflect a BTC-ridden pattern in early 2023, when Bitcoin bottomed around $16,000. In this context, the analyst asks, “What if? DOGE.” says.
Meanwhile, at the time of writing, DOGE was trading at $0.2095, up 1.36% on a daily basis. The popular meme coin gained over 22% on its weekly chart.
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