The crypto market has not reacted seriously to the Ethereum ETF news. Bitcoin, the leading cryptocurrency, and Ethereum, the leading altcoin, are currently stable. However, analysts are optimistic about the market’s future. A widely followed crypto analyst says that Solana-based Dogecoin (WIF) is currently poised to see a surge of over 350 percent. The analyst also predicts strong gains for two meme coins.
Blountz talks about $10 WIF!
As you’ve been following along on Kriptokoin.com , meme coins have been grabbing attention in the latest bull market move. While some, like Shiba Inu, are losing ground, analysts are seeing strong gains in some meme coins like WIF. Popular analyst who goes by the pseudonym Blountz says that WIF is in the early stages of a new five-wave bull run. The analyst relies on the Elliott Wave Theory which states that bullish assets tend to go through a five-wave bull run after completing their ABC corrective move. With WIF currently trading at $2.45, Blountz believes that WIF’s ABC correction is over and the meme coin is ready to ignite a major bull run. In this context, the analyst makes the following statement:
Betting $10 is legal. Do you think all those people who missed the last round of cents to $5 will miss the second round once it starts moving right? Not a chance.
Analyst Also Bullish On Meme Coin FLOKI!
The analyst also expressed his optimism about Floki (FLOKI). He believes that FLOKI has completed an ABC correction and is poised to surge to an all-time high around $0.00045. Blontz added that FLOKI is also showing bullish divergence on the daily chart, which indicates a potential trend reversal. Accordingly, the analyst shared the following assessment:
Floki is one of my favorite meme coins at the moment. The overall ABC structure is clear as day, with five waves clearly visible at the lows on the C timeframe and the high timeframe (bullish divergence). I believe an all-time high is on its way.
Meanwhile, at the time of writing, FLOKI is trading at $0.0001799. The meme coin is down 2.7% on the daily chart and up over 17% on the weekly chart.
“Blue skies await POPCAT!”
Another coin on Blountz’s list is Solana-based Popcat (POPCAT). According to the analyst, blue skies await POPCAT after breaking the recent resistance level at $0.72. “Introduction without comment. Popcat,” the analyst says, accompanied by a chart.
Meanwhile, at the time of writing, POPCAT is trading at $0.7912, up around 0.1% on the day. The meme coin has seen a rise of around 50% on the weekly chart.
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