Analysis

Under-the-Radar Dogecoin and Shiba Inu Rival Could Explode by Over 200%, According to Top Crypto Analyst

A extensively 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 line with a chart hooked up by the pseudonymous analyst, it seems that Bluntz is suggesting that WIF might proceed its upward momentum and hit a worth of not less than $0.45 – a achieve of 228% from the present stage.

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Supply: Bluntz/X

WIF is buying and selling at $0.137 at time of writing.

The pseudonymous analyst additionally seems to recommend that WIF might attain a market cap of a billion – which might 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 might commerce “sideways for some time” forming a symmetrical wedge sample on the three-day chart earlier than resuming the upward trajectory.

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Supply: Bluntz/X

Subsequent up is the native token of the Ethereum (ETH) liquid staking protocol Lido DAO (LDO). According to Bluntz, the LDO/USDT pair might hit a worth goal of $10 – roughly 158% from the present stage. 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 stage that began forming in 2023.

The pseudonymous analyst additional means that the Lido DAO/Bitcoin (LDO/BTC) pair might surge by over 150% after bouncing off a key help stage.

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Supply: Bluntz/X

LDO is buying and selling at $3.87 at time of writing.

See also  Ethereum Retests Breakout Zone, Analyst Sets $3,500 Target

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