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Solana Memecoin and Ethereum Rival Gain Analyst’s Favor

Solana-Based Dogwifhat (WIF)

Analyst Bluntz believes the Solana-based memecoin WIF has bottomed out after hitting a low of $1.89. Bluntz predicts a potential rally based on the Elliott Wave theory, which suggests a bullish reversal after a corrective move.

Ethereum Competitor Near (NEAR)

Bluntz is also optimistic about Near, an Ethereum competitor that has corrected over 50% in the past month. He sees opportunities for long-term investors, citing the oversold RSI and clear price action.

Analyst’s Comments

Bluntz stated:

  • “WIF looking good here in my opinion, hats back on.”
  • “NEAR has so much going for it right now… This will prove to be a great entry in time in my opinion.”