A broadly adopted cryptocurrency analyst and dealer is leaning bullish on one under-the-radar altcoin whereas providing his perception on two memecoins.
The analyst pseudonymously referred to as Bluntz tells his 276,000 followers on the social media platform X that the native token of the layer-1 protocol Saga (SAGA) is “about to gigasend subsequent.”
Primarily based on a chart by the pseudonymous analyst who commonly applies the Elliott Wave concept in his technical evaluation, SAGA has accomplished a minor three-wave sample on the eight-hour timeframe and is now within the strategy of finishing a significant five-wave sample that would see its worth double. In keeping with the Elliott Wave concept, the principle development of the worth of an asset happens in a five-wave sample whereas a correction takes place in a three-wave sample.
Saga is buying and selling at $2.55 at time of writing, up by 86% over the previous 14 days.
Subsequent up is dogwifhat (WIF). In accordance to Bluntz, the dog-themed Solana-based memecoin seems to be ending a bearish section that has lasted months on the every day chart.
“WIF is a bee’s dick away from a significant -77% downtrend breakout, strap in, are you prepared for the second spherical?”
WIF is buying and selling at $2 at time of writing.
Subsequent up is one other Solana-based cat-themed memecoin Popcat (POPCAT). The pseudonymous analyst says,
“Subsequent 48 hours, Popcat sees an actual all-time excessive try in my view.”
Popcat is buying and selling at $1.01 at time of writing.
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