The analyst who won the rank of Master Trader believes on Crypto Exchange bybit that Solana (Sol) looks good after recovering the main support level.
Analyst Nickname Blongz Recount 319,800 on the social media platform X follows that Solana flashing the SFP Plash Style (SFP) on the chart for four hours after losing support at $ 160 at the end of May, to restore the price level a few days later.
SFP is usually seen as a reflection pattern, and in the case of Solana, the bears deficit in pushing prices indicate a decrease to not maintaining the declining momentum, which may lead to a shift in market morale.
Blunz says,
“The admiration for Sol’s reaction is completely after taking its lowest levels, and it is working to restore now, it is still the first days but very promising in my opinion. If this is recovered, then it’s time.”
At the time of writing this report, Sol is trading at a price of $ 160.33, slightly higher than the main support level for merchants.
The analyst is also optimistic about the artificial intelligence encryption project (AI) AI16Z (AI16Z). According to Bluntz, Altcoin seems to be complete ABC corrected on the daily scheme, indicating that the currency has printed a solid bottom.
Bluntz practiced the theory of Elliott Wave, which states that the origin is preparing to ignite the gatherings after the completion of ABC correction.
“Of all the surveying of the alternative this morning, the AI16Z has the most fifth rush textbooks on the high time frames that start in April and now ABC is very clean, very clear in the ABC to the main 0.618.
Do not get a textbook more than this. I think this is a big bottom for this one. “
At the time of writing this report, the AI16Z value is $ 0.25.
The last currency on the merchant radar is Gigachad (Giga), which is a micoin based on Solana Blockchain. Planz He says Giga seems to be followed in the footsteps of his colleague Memeco SPX6900 (SPX), which is altcoin more than 360 % since the exit in March.
“Giga looks good in my opinion, a lot of similarities.
I love her or hate her, Murad’s currencies look hot. ”
At the time of this report, Giga value is $ 0.23.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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