Prominent crypto analyst and trader, Bluntz, expects the price of Solana (SOL), a top-10 altcoin, to double amidst the current upswing in the overall cryptocurrency market. Bluntz Points to Solana (SOL) with “I Rarely Say Such Things” Bluntz, a widely followed crypto analyst and trader, remarked that he’s favorably observing Solana, often touted as a strong contender to Ethereum (ETH), following its completion of the Elliott Wave Theory’s three-wave correction model and a robust bounce from a solid support level. According to the Elliott Wave Theory, an asset’s primary price trend occurs in a five-wave model, and the price correction occurs in a three-wave model. Speaking about SOL, Bluntz stated, “One of the altcoins I like here is SOL. It had a strong reaction from a robust support level and has completed a clean three-wave downward move on higher time frames. I believe it has a potential upside of 100%, […]
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