Altcoin Expert Predicts Meteoric Surges for Solana and AAVE
An analyst known as Bluntz, recognized for previous accurate predictions in the crypto sphere, is now projecting significant upward trajectories for two noteworthy altcoins positioned within the top 50 rankings.
Firstly, Bluntz has set eyes on Solana (SOL), indicating a bullish trend for this cryptocurrency against Bitcoin (SOL/BTC). The analysis hints at a promising surge in SOL’s value concerning the US dollar, citing a recent bullish pattern observed in the SOL/BTC chart.
this was another banger SOL/BTC picolow call.
since OP its rallied impusively from the low in 5 waves and now done yet another abc down.
solbtc is about to full send imo, i have no idea where usd pair goes in terms of levels but i genuinely think it will be $140+… pic.twitter.com/8HxK3bPHAR
— Bluntz (@Bluntz_Capital) December 13, 2023
Reportedly, Solana has showcased a compelling upward movement post the initial post, showcasing a notable rally in five waves from its low, followed by another ABC down. As per Bluntz’s assessment, SOL/BTC appears ripe for substantial movement.
While specific projections in the USD pair remain uncertain, Bluntz seems confident that it could potentially surpass the $140 mark. Presently trading at $73.65, Solana would need to appreciate by over 90% to meet this target.
Shifting focus to Aave (AAVE), the governance token tied to the decentralized finance (DeFi) lending protocol, Bluntz foresees a significant breakout rally for the altcoin. The analyst points to a robust three-day candle formation on AAVE, signaling a promising surge.
monster 3d candle on $AAVE, legit gearing up to gigasend
plenty of juice in the tank imo, shouldnt be aiming for anything less than $200 imo
trade it with me on bybit 👇https://t.co/zHX9WYRMOM pic.twitter.com/ehcEcdyJw6
— Bluntz (@Bluntz_Capital) December 14, 2023
Bluntz emphasizes substantial potential in AAVE’s movement, setting a threshold of $200 as a plausible target. AAVE is currently traded at $108.13, suggesting an 85% increase is needed to achieve the projected milestone.
Regarding Bitcoin and Ethereum (ETH), Bluntz, after initially expressing caution, has adopted a bullish stance following recent price actions. The analyst had earlier warned of potential downward moves for Bitcoin and Ethereum after both retreated from their ascending channel highs. However, a shift in sentiment has occurred due to the overnight price action, which now appears significantly bullish.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
