A broadly adopted crypto analyst and dealer is expressing bullish sentiment on a low-cap memecoin.
The analyst pseudonymously referred to as Bluntz tells his 236,000 followers on the X social media platform that it’s “clear as day” that the Solana-based memecoin dogwifhat (WIF) is at present present process accumulation.
In keeping with a chart connected by the pseudonymous analyst, it seems that Bluntz is suggesting that WIF may proceed its upward momentum and hit a value of at the very least $0.45 – a achieve of 228% from the present degree.
WIF is buying and selling at $0.137 at time of writing.
The pseudonymous analyst additionally seems to counsel that WIF may attain a market cap of a billion – which may translate to a achieve of round 630% from the present market cap of $136.8 million.
Turning to Solana (SOL), Bluntz says that the fifth-largest crypto asset by market cap may commerce “sideways for some time” forming a symmetrical wedge sample on the three-day chart earlier than resuming the upward trajectory.
Subsequent up is the native token of the Ethereum (ETH) liquid staking protocol Lido DAO (LDO). According to Bluntz, the LDO/USDT pair may hit a value goal of $10 – roughly 158% from the present degree. From the pseudonymous analyst’s chart, it seems that Bluntz is suggesting that on the weekly chart, LDO has damaged out of a horizontal resistance degree that began forming in 2023.
The pseudonymous analyst additional means that the Lido DAO/Bitcoin (LDO/BTC) pair may surge by over 150% after bouncing off a key help degree.
LDO is buying and selling at $3.87 at time of writing.
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