A widely followed crypto analyst and trader expresses bullish sentiment on a low-cap memecoin.
The analyst, pseudonymously known as Bluntz tells According to its 236,000 followers on social media platform
According to a chart attached by the pseudonymous analyst, Bluntz appears to be suggesting that WIF could continue its upward momentum and reach a price of at least $0.45 – a gain of 228% from current levels.
WIF is trading at $0.137 at the time of writing.
The pseudonymous analyst also seems to suggest that WIF could reach a market cap of a billion – which could translate into a gain of about 630% from its current market cap of $136.8 million.
As for Solana (SOL), Bluntz say that the fifth-largest crypto asset by market capitalization could trade “sideways for a while” and form a symmetrical wedge pattern on the three-day chart before resuming its upward trajectory.
Next up is the native token of the Ethereum (ETH) liquid staking protocol Lido DAO (LDO). According to according to Bluntz, the LDO/USDT pair could reach a price target of $10 – around 158% from current levels. The pseudonymous analyst’s chart shows that Bluntz suggests that LDO on the weekly chart has broken through the horizontal resistance level that started to form in 2023.
The pseudonymous analyst further suggests that the Lido DAO/Bitcoin (LDO/BTC) pair could rise by more than 150% after bouncing back from a key support level.
LDO is trading at $3.87 at the time of writing.
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Generated image: DALLE3