Top Crypto Analyst Says Two Altcoins Expected to Explode Over 80%, Updates Outlook for Bitcoin and Ethereum
A trader who pinpointed Bitcoin's (BTC) price floor for 2018 is predicting massive bullish moves for two top 50 altcoins.
Starting with Solana (SOL), the analyst and trader under the pseudonym Bluntz tells his 232,000 followers on the social media platform
According to the analyst, the bullish SOL/BTC chart suggests that Solana is likely to rise against the US dollar.
This was another banger call from SOL/BTC Picolow. Since the original post, it has impulsively recovered from the low in five waves and has now completed another ABC downtrend. In my opinion, SOL/BTC is on the verge of a complete crash.
I have no idea where the USD pair will go in terms of levels, but I really expect it to be above $140.”
Source: Bluntz/X
Solana is trading at $73.65 at the time of writing and would need to rise over 90% to reach its target of at least $140.
Looking at decentralized finance (DeFi) lending protocol Aave (AAVE) governance token, Bluntz says the 50th-largest altcoin by market cap is poised for a major breakout rally.
“MOnster three-day candle on SPIRIT. Real preparations for Gigasend.
There’s a lot of juice in the tank in my opinion, shouldn’t aim for less than $200 in my opinion.”
Source: Bluntz/X
AAVE is trading at $108.13 at the time of writing and would need to rise by 85% to reach the $200 target.
When it comes to Bitcoin and Ethereum (ETH), Bluntz says he is now bullish on the two crypto assets after initially expressing reservations. The pseudonymous crypto analyst had originally warned of a possible bearish move in Bitcoin and Ethereum after the two leading crypto assets fell from their ascending channel highs.
“The overnight price action caused me to do a 180 degree turn on this setting. Shit, things are looking bullish again.”
Source: Bluntz/XSource: Bluntz/X
Bitcoin is trading at $42,113 at the time of writing, while Ethereum is worth $2,244.
Don't miss a thing – Subscribe to receive email alerts straight to your inbox
Check price action
Follow us on Twitter, Facebook and Telegram
Surf the Daily Hodl Mix
Check out the latest headlines
 
Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should conduct their due diligence before making any risky investments in Bitcoin, cryptocurrencies or digital assets. Please note that your transfers and transactions are at your own risk and any losses you incur are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated image: DALLE3
Learn Crypto Trading, Yield Farms, Income strategies and more at CrytoAnswers
https://nov.link/cryptoanswers
Comments are closed.