Bluntz, a well-known crypto trader with 226,000 followers on Twitter, is making waves in the cryptocurrency community with his bullish predictions for Solana (SOL) and the liquid-staking service provider Lido DAO (LDO).
Bluntz accurately called Bitcoin’s 2018 bear market price floor, demonstrating a track record of accurate predictions in the cryptocurrency space. Now, he is setting his sights on Solana, which he believes will easily soar beyond $100. At the time of his prediction, Solana was trading at $42.95, indicating that his forecast represents a potential increase of more than 218% from its current value.
According to Bluntz, Solana is showing bullish momentum after breaking out of a downward channel. He also highlighted the absence of high timeframe resistance, stating, “No high timeframe resistance in my opinion until $137 on SOL.” This suggests that he sees significant potential for price growth in Solana, making it an attractive prospect for investors.
Bluntz’s optimism extends beyond Solana to the Lido DAO. He suggests that the LDO against Bitcoin pair may have already carved a cycle low, indicating potential for growth in comparison to Bitcoin. Additionally, LDO versus the US dollar is flashing a bullish setup on the four-hour chart, further adding to Bluntz’s positive sentiment about the cryptocurrency.
While these predictions are exciting for crypto enthusiasts, it’s important to approach them with cautious optimism. The cryptocurrency market is known for its volatility and unpredictability, so investors should conduct thorough research before making any investment decisions based on these predictions.
In conclusion, Bluntz’s predictions for Solana and Lido DAO are generating significant attention in the crypto community. His track record of accurately calling market movements, including Bitcoin’s 2018 bear market price floor, lends credibility to his latest projections. It will be interesting to see whether these forecasts come to fruition and how they will impact the broader cryptocurrency market.
For the latest updates on Bluntz’s predictions and other important news in the cryptocurrency space, stay tuned to reputable sources and conduct your own due diligence before making any investment decisions. Remember that investing in cryptocurrencies carries inherent risk, and it’s crucial to approach the market with a well-informed and cautious mindset.
