Altcoin Expert Predicts Strong Gains for Solana-Based Dogwifhat
A trader renowned for accurate altcoin predictions is eyeing significant potential for a Solana-based memecoin.
Known by the pseudonym Bluntz, the analyst shared that dogwifhat ( WIF ) appears poised for a major breakout from a falling wedge pattern, which typically signals a bullish reversal due to decreasing selling pressure.
Bluntz remarked that, despite WIF already rising 80% in the past week, the asset’s current price of $1.63 presents a buying opportunity before it potentially surges to $8.
In addition to WIF, Bluntz is optimistic about Jito (JTO), the native token of a Solana -based decentralized staking protocol.
The analyst suggests JTO has likely reached its lowest point following an ABC correction and is set for a strong rally.
He projects that JTO, currently priced at $2.45, could rise to $5, noting that the setup is favorable for investors looking to capitalize on this potential upswing.
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.
You may also like
Fantom’s Solid Pattern of Higher Lows: What’s Next for FTM Price?
LINK’s Nearly 5% Daily Jump Sparks Optimism- Will LINK Reach $20 Soon?
Sonic Soars Over 6%—Can a Successful Breakout Send It Toward $1?
Solana’s Path to $3,800—Will It Hold Above $130 This Weekend?
Trending news
MoreCrypto prices
More
