Price: $0.19494 -0.9568%
Market Cap: 28.6B 1.1146%
Volume (24h): 4.54B 0.2%
Dominance: 1.1146%
Price: $0.19494 -0.9568%
Market Cap: 28.6B 1.1146%
Volume (24h): 4.54B 0.2%
Dominance: 1.1146% 1.1146%
  • Price: $0.19494 -0.9568%
  • Market Cap: 28.6B 1.1146%
  • Volume (24h): 4.54B 0.2%
  • Dominance: 1.1146% 1.1146%
  • Price: $0.19494 -0.9568%
Home > Information news > Insights on Solana and Pepe’s Price Movements from Crypto Analyst Bluntz

Insights on Solana and Pepe’s Price Movements from Crypto Analyst Bluntz

Release: 2024/04/25 17:26 Reading: 636

Original author:COINTURK NEWS

Original source:https://coinmarketcap.com/community/articles/6629037978ac3d38b8804839

You can also read this news on COINTURK NEWS: Insights on Solana and Pepe’s Price Movements from Crypto Analyst Bluntz

Crypto analyst Bluntz, a respected figure in the cryptocurrency world, shared his views on potential price movements for Solana (SOL) and Pepe (PEPE), shedding light on developments that could be significant in the market trajectory of these two altcoins.

Bluntz Predicts a Rise for Solana’s SOL

According to Bluntz’s analysis, Solana’s main network asset SOL is showing signs of a bullish formation characterized by higher lows over a four-hour time frame. This observation has led to speculation about a potential significant price movement for SOL in the short term.

Using the Elliott Wave theory, which suggests that assets in an uptrend typically experience a three-part ABC correction before a new rise, the analyst believes that SOL, after testing the $120 level, may have completed its ABC correction phase and is now moving within an uptrend.

According to data provided by the cryptocurrency data and price platform CoinMarketCap, SOL has seen a 1.60% increase over the last 24 hours, trading at $159.07.

Technical Analysis Signals a Rise for PEPE

Following SOL, Bluntz turned his attention to PEPE, highlighting an optimistic outlook similar to other leading memecoins. According to the analyst, PEPE’s chart, which made a noticeable jump from a significant Fibonacci level of $0.000004454, indicates a bullish trend.

Highlighting the strong performance of PEPE from the lowest levels of its (a) wave and its adherence to the 0.618 Fibonacci level, Bluntz pointed out the altcoin’s potential to surpass the $0.000013 threshold.

With the latest data, PEPE has risen 17.56% in the last 24 hours, trading at $0.00000802. According to the data, the altcoin has increased by 57.52% over the last 7 days and by 8.71% over the last 30 days.

The post first appeared on COINTURK NEWS: Insights on Solana and Pepe’s Price Movements from Crypto Analyst Bluntz

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.