A popular crypto analyst, known as Bluntz, is predicting big things for a Solana-based memecoin, SPX6900 (SPX). He believes it’s about to break its all-time high.
SPX6900: Ready for Liftoff?
Bluntz, who boasts over 320,000 followers on X (formerly Twitter), uses the Elliott Wave theory to analyze market trends. He says SPX has completed a technical pattern suggesting a strong upward move is likely. He points to the eight-hour chart, showing what he believes is a solid bottom. His prediction? SPX could hit $2.10, a significant jump from its current price of around $1.47 (a 17.5% increase in the last 24 hours). He’s particularly optimistic due to its relatively small market cap (under $1 billion).
Another Bullish Prediction: ai16z
Bluntz isn’t stopping at SPX. He’s also bullish on ai16z, an AI-focused cryptocurrency. He sees this coin entering an uptrend after a recent price bounce. Using the Fibonacci retracement tool, a common technique for identifying potential price reversals, he anticipates ai16z reaching prices above $0.45. Currently trading at $0.17 (up 7% in the last 24 hours), this prediction represents substantial growth.
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