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    Home»Altcoins»Solana Memecoin About To ‘Blast By means of’ All-Time Highs, Based on Veteran Crypto Dealer – The Day by day Hodl
    Solana Memecoin About To ‘Blast By means of’ All-Time Highs, Based on Veteran Crypto Dealer – The Day by day Hodl
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    Solana Memecoin About To ‘Blast By means of’ All-Time Highs, Based on Veteran Crypto Dealer – The Day by day Hodl

    By Crypto EditorJune 19, 2025No Comments3 Mins Read
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    A extensively adopted cryptocurrency analyst and dealer predicts that one Solana (SOL)-based memecoin is on the verge of printing new all-time highs.

    The analyst, pseudonymously referred to as Bluntz, tells his 320,800 followers on the social media platform X that memecoin SPX6900 (SPX) seems to have accomplished an ABC correction on the eight-hour chart, suggesting that the coin has printed a sturdy backside.

    Bluntz practices the Elliott Wave principle, which states that an asset is primed to ignite rallies after finishing an ABC correction.

    “Good SPX pullback right here after testing prior all-time excessive for the primary time, the following take a look at blasts by in my view, nonetheless among the best charts [with a] lower than $1billy (billion) market cap in my view.”

    Image
    Supply: Bluntz/X

    Taking a look at his chart, the dealer suggests SPX enhance to $2.10.

    SPX is buying and selling for $1.47 at time of writing, up 17.5% within the final 24 hours.

    The analyst can also be bullish on the bogus intelligence (AI)-focused crypto venture ai16z (AI16Z). Based on Bluntz, the altcoin seems to be getting into an uptrend after a retest of the Fibonacci retracement degree at $0.16.

    Merchants use the Fibonacci retracement instrument to identify potential entry and exit factors based mostly on the Fibonacci ratio.

    “Lengthy ai16z once more right here was one leg too early the opposite week, however trying like a robust response from the 0.78 fib right here and nonetheless seems to be like a transparent 5 up and subsequent abc correction. Anticipating contemporary highs above $0.45.”

    Image
    Supply: Bluntz/X

    AI16Z is buying and selling for $0.17 at time of writing, up 7% within the final 24 hours.

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    Disclaimer: Opinions expressed at The Day by day Hodl aren’t funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any losses you could incur are your accountability. The Day by day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please observe that The Day by day Hodl participates in internet online affiliate marketing.

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