One of the most respected cryptocurrency analysts and traders is bullish about a little-known altcoin, while also offering insight into two memecoins.
Bluntz, an analyst who uses a pseudonym on social media platforms X and XTensors tells 276,000 of his followers that “the native token for the layer-1 protocol Saga” (SAGA), is about to be gigasended next.
According to a chart created by a pseudonymous technical analyst, who uses the Elliott Wave Theory in his analysis regularly, SAGA is in the process completing a five-wave major pattern which could double its price. The Elliott Wave Theory states that the major trend in the price of an investment occurs as a five wave pattern, while the correction is a three wave pattern.
Saga’s share price is $2.55 as of the time this article was written, an increase of 86% in just 14 days.
The next memecoin is dogwifhat. Bluntz says that the Solana memecoin based on a dog theme appears to have ended a long-lasting bearish trend.
WIF currently trades at $2.
Popcat is the next memecoin based on a cat theme. According to the pseudonymous expert,
In the next 48 hours Popcat will see a new all-time attempt, in my opinion.
Popcat was trading for $1.01 as of the time this article is written.
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Sources of Images include Pixabay Creative Commons & Midjourney
The outlook on Popcat and dogwifhat may change as new information becomes available.
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