Top Analyst Says Dogecoin Rival That’s Up Over 7,500% in Less Than Three Months About To Go ‘Turbo Parabolic’

A extensively adopted cryptocurrency analyst and dealer is expressing bullish sentiment on a Solana (SOL) ecosystem memecoin.

The analyst pseudonymously often known as Bluntz tells his 240,300 followers on the social media platform X that dogwifhat (WIF) is on the cusp of breaking by its all-time excessive of round $0.47 (and which is now a significant resistance degree) and embarking on an irreversible rally.

“What if I told you this next leg on WIF is going to be the one that goes turbo parabolic? No more pulling back at $0.50 resistance, this is going to be the push that goes crazy in my opinion.”

Supply: Bluntz/X

Based mostly on Bluntz’s chart, it seems that the analyst is suggesting that WIF has shaped a descending channel chart on the four-hour chart from which it might escape to the upside after testing the decrease boundary. It additionally seems that the analyst is suggesting that WIF has established a help degree at round $0.289, a degree which coincides with the 68.2% Fibonacci retracement degree. The Fibonacci retracement degree is a technical evaluation software that’s used to find out areas the place worth might reverse.

WIF is buying and selling at $0.366 at time of writing, up by 7,556% from a worth of $0.00478 on December thirteenth.

Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox

Examine Worth Motion

Observe us on Twitter, Facebook and Telegram

Surf The Every day Hodl Combine

Examine Newest Information Headlines


Disclaimer: Opinions expressed at The Every day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any loses you might incur are your duty. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in affiliate internet marketing.


DailyBlockchain.News Admin

Our Mission is to bridge the knowledge gap and foster an informed blockchain community by presenting clear, concise, and reliable information every single day. Join us on this exciting journey into the future of finance, technology, and beyond. Whether you’re a blockchain novice or an enthusiast, is here for you.
Back to top button