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Showing posts with the label blockchain oracle

Top Analyst Says ‘God Candle’ Loading on Solana-Based Altcoin, Updates Outlook on Bitcoin and Dogecoin

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A widely followed analyst and trader is leaning bullish on a blockchain oracle built in the Solana (SOL) ecosystem while offering his outlook on Bitcoin (BTC) and Dogecoin (DOGE). Pseudonymous crypto trader Bluntz tells his 290,400 followers on the social media platform X that the native token of Solana-based blockchain oracle Pyth Network (PYTH) is primed for a strong bullish movement. “God candle loading on PYTH. Perfectly rounded bottom with three months of accumulation. Currently flirting with the final boss as far as accumulation resistance goes [just below the $0.50 price] and once cleared, clear skies ahead. Solana beta is about to start getting some love again in my opinion.” Source: Bluntz/X PYTH is trading at $0.399 at time of writing. Moving on to the flagship digital asset, Bluntz – who regularly utilizes Elliott Wave theory in his technical Analysis – says that Bitcoin “should pop higher” after undergoing a brief correction in a three-wave patt