Top Analyst Warns Solana Flashing Bearish Signals, Updates Forecast on Sei and One Dogecoin Rival

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Cointime2024/02/01 01:24

By:Cointime

A crypto analyst known for accurately predicting Bitcoin's price floor during the 2018 bear market has turned bearish on Solana. The analyst, who goes by the pseudonym Bluntz, claims that Solana is showing multiple bearish signals on the daily chart and may lose over 10% of its value before resuming its uptrend. Bluntz also predicts a big surge for Solana competitor Sei and believes that meme asset dogwifhat (WIF) is ready for big bursts to the upside. At the time of writing, Solana is trading at $100, down more than 6% from yesterday's high of $106.14.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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