Famous Crypto Analyst Predicts Decline for SOL and Memecoin WIF

Cryptocurrency analyst Bluntz, who has a large number of followers on social media, expressed that he expects a significant decline in the meme coin dogwifhat (WIF) developed on the Solana Blockchain and the main asset of Solana, SOL. Based on the Elliott Wave theory, Bluntz predicted a short-term decline for WIF and an ABC correction wave. Sharp Decline Predictions for WIF Emphasizing the end of a five-wave rally in technical analysis, Bluntz expects a decline of about 69% for WIF. As an indicator of the accuracy of the analysis, he pointed out a decline scenario consistent with the 0.786 Fibonacci retracement level of WIF. Forecasts for the Future of SOL Bluntz also expects a similar decline for SOL, predicting a potential 7% decline and suggesting that Solana could retreat to $160. The current price of Solana is around $176, and according to the analyst’s predictions, a correction may occur. Useful […]

Famous Crypto Analyst Predicts Decline for SOL and Memecoin WIF

Cryptocurrency analyst Bluntz, who has a large number of followers on social media, expressed that he expects a significant decline in the meme coin dogwifhat (WIF) developed on the Solana Blockchain and the main asset of Solana, SOL. Based on the Elliott Wave theory, Bluntz predicted a short-term decline for WIF and an ABC correction wave.

Sharp Decline Predictions for WIF

Emphasizing the end of a five-wave rally in technical analysis, Bluntz expects a decline of about 69% for WIF. As an indicator of the accuracy of the analysis, he pointed out a decline scenario consistent with the 0.786 Fibonacci retracement level of WIF.

Forecasts for the Future of SOL

Bluntz also expects a similar decline for SOL, predicting a potential 7% decline and suggesting that Solana could retreat to $160. The current price of Solana is around $176, and according to the analyst’s predictions, a correction may occur.

Useful Information for the Reader

Bluntz expects a 69% decline for the memecoin WIF according to the Elliott Wave theory.
WIF could fall to $1, which is below its current price.
A 7% decline is predicted for SOL, the main asset of Solana.
It is likely that SOL may drop to $160 before the next rise.

Bluntz’s analysis provides an important warning for investors and offers predictions about potential market movements. The expectation of a decline for both WIF and SOL could be a reason for investors to review their positions.

how to buy crypto?
Related Posts

do you really trust these bitcoiners

News 3 months ago

Discover the factors impacting trust in Bitcoiners and learn how to assess and build trust in the Bitcoin community. Understand the challenges to trust in Bitcoiners.In the world of cryptocurrency, Bitcoin has become a hot topic of discussion, and those involved in the Bitcoin community often refer to themselves as “Bitcoiners.” With the increasing popularity of Bitcoin, the concept of trust within this community has become a crucial aspect to consider. As a blogger in the cryptocurrency space, it’s important to examine the dynamics of trust within the Bitcoin community. In this blog post, we will delve into the various subtopics related to the trustworthiness of Bitcoiners, such as understanding what trust means in the context of Bitcoin, assessing the factors that impact trust in Bitcoiners, exploring the challenges to trust within the Bitcoin community, and discussing strategies for building and maintaining trust. Ultimately, the goal of this post is […]

do you really trust these bitcoiners beware

News 3 months ago

Learn about Bitcoin, cryptocurrency, and how to protect your investments from scams. Can you trust Bitcoiners? Find out here.Are you thinking about investing in Bitcoin or other cryptocurrencies? With the increasing popularity of digital currencies, it’s important to have a solid understanding of the world of cryptocurrency and the potential risks involved. In this blog post, we will delve into the basics of Bitcoin, explore the world of cryptocurrency, discuss the issue of trusting Bitcoiners, and provide tips for identifying scams and protecting your investments. While Bitcoin and other cryptocurrencies can offer exciting investment opportunities, it’s crucial to be aware of the potential for scams and fraud within this rapidly evolving market. By being informed and vigilant, you can make informed decisions about your investments and protect yourself from potential risks. So, before you trust just any Bitcoiner with your hard-earned money, read on to learn how to navigate the […]

how much is 0.29 bitcoin

News 3 months ago

Learn about the factors affecting Bitcoin’s value, current market trends, and strategies for investing in 0.29 Bitcoin. Understand Bitcoin’s worth today.Are you curious about the current value of 0.29 Bitcoin? In today’s digital age, Bitcoin has become a hot topic, with its value constantly fluctuating. Understanding the factors that affect Bitcoin’s price and the current market trends can help you evaluate the worth of your investment. In this blog post, we will delve into the various aspects of Bitcoin value, including the factors that influence its price and the strategies you can employ for Bitcoin investment. Whether you’re a seasoned investor or just starting out in the world of cryptocurrency, it’s essential to stay informed about the value of your Bitcoin holdings. So, let’s explore how much 0.29 Bitcoin is worth and what you can do to make the most of your investment. Understanding Bitcoin Value Bitcoin value is a […]

0 Comment

Write a Comment

how to buy crypto?
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • bitcoinBitcoin(BTC)
    $64,216.00-3.36%
  • ethereumEthereum(ETH)
    $3,171.82-8.34%
  • tetherTether(USDT)
    $1.00-0.06%
  • binancecoinBNB(BNB)
    $564.37-4.07%
  • solanaSolana(SOL)
    $169.73-3.87%
  • usd-coinUSDC(USDC)
    $1.00-0.02%
  • rippleXRP(XRP)
    $0.61-2.34%
  • staked-etherLido Staked Ether(STETH)
    $3,171.14-8.32%
  • dogecoinDogecoin(DOGE)
    $0.124828-6.59%
  • the-open-networkToncoin(TON)
    $6.63-4.78%
Random