A cryptocurrency analyst and merchant widely followed predicts as a solana-based same (soil) is about to print new heights of all time.
The analyst, pseudonymly known as Bluntz, indicates to his 320,800 subscribers on the social media platform X that the same SPX6900 (SPX) seems to have made an ABC correction on the eight-hour graphic, suggesting that the part has printed a lasting background.
Bluntz practices the theory of Elliott waves, which indicates that an asset is ready to turn on the gatherings after finishing an ABC correction.
“Perfect Spx Pollback here after having tested the highest of all time for the first time, the next test explodes in my opinion, always one of the best graphics (with a) market capitalization less than $ 1 (billion) in my opinion.”
Looking at his graphic, the merchant suggests that SPX increases at $ 2.10.
SPX is negotiated at $ 1.47 at the time of the editorial staff, up 17.5% in the last 24 hours.
The analyst is also optimistic about the crypto project focused on artificial intelligence (AI) AI16Z (AI16Z). According to Bluntz, Altcoin seems to be uphill after a retest of the Fibonacci trace level at $ 0.16.
Traders use the Fibonacci trace tool to locate the potential input and output points according to the Fibonacci ratio.
“Long ai16z again here was a leg too early from the other week, but resembling a strong reaction of the FIB of 0.78 here and still looks like a clear and subsequent ABC correction. Being expecting fresh summits greater than $ 0.45.”
AI16Z is traded at $ 0.17 at the time of writing, up 7% in the last 24 hours.
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