Successful crypto analyst Smart Contracter makes a critical altcoin prediction. The analyst says an Ethereum (ETH) competitor appears poised to rise more than four times its current levels. cryptocoin.com We have compiled the details for you, let’s examine the subject together…
Smart Contracter: Popular altcoin SOL is my biggest purse
Analyst “Smart Contracter” tells his 174,900 Twitter followers that Solana (SOL) will eclipse both ETH and Bitcoin (BTC). The analyst’s target price is currently $900, representing a more than 360% increase in value from the current value of SOL. Mainly based on the Elliot Wave theory, the analyst says that Solana is bullish when paired against Ethereum and bullish when paired against Bitcoin.
Elliot Wave theory is a method of determining where assets are going using crowd psychology, which tends to manifest itself on charts in a series of waves. Smart Contracter adds the following to its explanations on the subject:
On a monthly reminder, Solana (SOL) price of $900 is no joke, it will be… ETH/BTC looks bullish, SOL/BTC looks bullish, but SOL/ETH looks bullish too, so naturally SOL is my biggest purse and more than BTC and ETH I believe it is performing well.
Smart Contracter: SOL is just getting started here
Smart Contracter said he believes the altcoin project is in its early days after breaking above two key resistance levels. Smart Contracter adds the following to its explanations on the subject:
SOL is just getting started here.
Smart Contracter: If SOL follows BNB, it could go for $900!
Smart Contracter says Solana has started exhibiting similar chart behavior to Binance Coin (BNB), which hit a record high of over 1,600% between January and May this year. Smart Contracter adds the following to its explanations on the subject:
Same feelings, same narrative… If SOL follows the run BNB has, it could go to $900.
Here are Smart Contracter’s successful BTC and altcoin predictions
cryptocoin.com As we reported earlier, Smart Contracter has known $3,200 in Bitcoin, the 2020 rally, the big Bitcoin crash of 2020, and more. In addition, the analyst correctly predicted shorter-term price movements over the past few months. Smart Contracter recently stated that Bitcoin will find its accumulation range and pull back towards $23,000, forcing a general altcoin market correction.
The master analyst was also right in this prediction and foreshadowed the altcoin bleeding. Stating that he expects an altcoin meltdown in the second week of February, the analyst was also right in this prediction. In addition, the analyst correctly predicted that Ethereum would drop to around $1,600 in the last days of March. The analyst correctly predicted the final pullback of Bitcoin (BTC) and Ethereum in September 2021. For this reason, investors are watching the analyst’s forecasts closely.
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