Top Analyst Says One Memecoin About To Go ‘Mental,’ Updates Forecast on SUI and POPCAT
A crypto strategist who continues to build a following with timely altcoin calls believes that one memecoin is poised to witness a big burst to the upside. Pseudonymous analyst Bluntz tells his 289,900 followers on the social media platform X that he thinks the Solana (SOL)-based meme token dogwifhat (WIF) looks ready to ignite huge rallies. Bluntz says that dogwifhat is flashing multiple bullish signals against Solana (WIF/SOL), indicating that the memecoin is gearing up for a big reversal. “SOL is leading the market right now and WIF/SOL is bottoming out. A huge five down on the four-hour [chart] and diverging heavily. With SOL looking insanely bullish, I think WIF is about to go mental. My bags are packed.” Source: Bluntz/X Bluntz practices the Elliott Wave theory, which states that an asset’s trend tends to end after a five-wave move. Based on the trader’s chart, he seems to suggest that WIF/SOL has completed a five-wave correctio...